New Delhi, Feb. 20 -- Modern times combined with easy access to financial data has made credit score fraud more likely to occur than at any previous point in history. Theft of personal information by unauthorized parties leads to account openings and loan applications made in your name thus harming your creditworthiness. This article looks at credit score fraud origins together with defensive and corrective mechanisms.

A numerical representation of your credit behaviour appears as your credit score that demonstrates your past loan payment responsibility. The automatic system generates this number by referencing the information in your credit reports that document your financial activities such as loans and credit card transactions togeth...