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Showing posts from April, 2020

Don’t Be a Victim of Identity Theft

 Just about everybody has heard of identity theft, but most people do not believe it could ever happen to them. The fact is, identity theft is more common than most believe. It’s not hard for identity thieves to obtain all of the information they need in order to assume another person’s identity, but it can be made a whole lot harder for them if people remain smart and protect themselves as completely as possible. When it Happens… If a person becomes a victim of identity theft, it can take a long time – possibly years – to recover from it. It can also cost the victim thousands of dollars as well as ruin their credit score. Usually, it’s nearly impossible to recover from identity theft in a quick manner because many things have to be resolved before forgiveness will be given by the three major credit reporting companies in the United States. If identity theft does happen, the person who is the victim will probably experience problems obtaining any sort of financing (mortgage, car lo...

New Tool Helps Protect Public From Identity Theft

Remember the days when protecting your personal and financial information meant watching out for pickpockets and purse-snatchers? In today’s technology-driven world, thieves have developed much more cunning and sophisticated ways to steal your identity. Despite severe penalties – those convicted face up to 20 years in prison – identity theft is now the nation’s fastest-growing crime, according to the Federal Bureau of Investigation. More than 10 million people become victims of identity theft each year. Thieves not only use their victims’ identities to open bank and credit card accounts, they also rent or buy property, commit other crimes and misdemeanors and even obtain employment in their victims’ names. A credit report can let you know if someone has used your credit card without your knowledge or applied for a credit card in your name. It doesn’t show everything, however. According to Harold Kraft, founder and chief executive officer of MyPublicInfo Inc., credit reports miss the mo...

It Really is Time to Worry About Identity Theft

All of us, no matter how careful, can become victims of identity theft. In fact, it was determined every three seconds another identity is stolen. In 2007 there were seventy nine million credit card and Social Security Number thefts according to major news media investigations. That was an increase of four million additional people over the previous years statistics, that had their identity or financial information compromised. This makes identity theft one of the fastest growing crimes in America. Anyone with a Social Security number and assets to loose should be concerned with identity theft. Unfortunately, a common belief by many people is they assume they have nothing significant for thief’s to take advantage of. Bear in mind criminals are much better than you are at making use of your information. For example; there is credit card theft where someone steals your credit card and runs up charges. Identity theft is where someone steals your personal information (social security numbe...

Identity Theft: It’s Not What You Think

By this time in 2007 it should be clear to just about everyone that identity theft is a real and growing problem throughout the world, but especially here in the United States where there is so much affluence (and of course available credit). The Federal Trade Commission reports that for the 5th year in a row identity theft topped the list of consumer complaints. In this article we will explore what identity theft is, how it is most commonly perpetrated, and how big of a threat it really is to the average consumer. Credit Card Fraud versus Identity Theft When someone illegally obtains your credit card information and uses it then that is credit card fraud. It is not identity theft in the purest sense but when the government estimates the number of identity theft victims and the financial impact of identity theft it generally includes this number. The term most commonly used now is Identity Fraud which broadens the scope to include credit card fraud. In 2006 the total estimated cost of ...

Identity Theft Books Are a Useful Guide to Help Prevent Identity Theft

There are many different reasons as to why you should get yourself identity theft books, and the most obvious is so that you can learn about identity theft in general and so that you can protect yourself from being an identity theft victim as much as you possibly can. There are so many different identity theft books out there, and you want to make sure that you get as many as you can so that you can be as informed as you possibly can. More About Identity Theft Books You can find identity theft books anywhere, from the local bookstore to your local library. One of the best places of all that you can go to find identity theft books is on the Internet, because here you will get the best selection, and due to the speed and efficiency of the Internet, you are able to find everything you need quickly and easily. Remember that by buying these sorts of books, you will not only be able to learn about what identity theft is, but as well you are going to be able to learn about the steps and preca...