Understanding figures showing identity theft
Has something like this ever happened to you?
- You are told by a collection agency that you owe a debt that they must collect and this concerns an account you have no knowledge of.
- A few pieces of mail that you thought should have been sent, including statements of credit cards, stops being received.
- You observe a few bits of your credit card statement that you are certain was not purchased by you.
- A letter is delivered to you, or maybe you get a 'phone call,, letting you know that your credit has been approved or denied, for an account you have never heard of.
If you're thinking you've heard this before, identity theft may be the underlying reason!
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The greatest identity theft information including the latest identity theft tips |
protect your life and your family's from ID theft
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The first thing you should do if your suspicions fall on identity theft is to have your credit report checked. You can get a free 30 day trial who can be found at www.freecreditprofile.com by using TrueCredit. Any action you have taken that had a need for a credit check are bound to appear withing a credit check report. Any action involving identity theft as well as a credit check using your name will be found here.
Should identity theft be suspected, make a report to the departments dealing with fraud at the major credit bureaus, there are three of them: TransUnion - 800-680-7289; Equifax - 800-525-6285; Experian - 888-397-3742. A fraud alert should be sought from each place on the credit file that is yours. This won't stop the identity theft, but further illegal actions by the crooks ought to be slowed.
Another organisation you should do this with is the Federal Trade Commission their 'phone number is 877-438-4338, and also the US Postal Inspection Service who can be reached on 800-772-1213. Should it be that your checks are being made use of in a fraudulent manner, send a report to all of these: Check Rite - 800-766-2748; Chex System - 800-328-5121; CrossCheck - 800-522-1900; Equifax Telecredit - 800-437-5120; NPC - 800-526-5380; SCAN - 800-262-7771; as well as Tele-Check - 800-366-2425.
As well as doing those actions, you can also file a police report, and the crime should be reported as being ID theft, where the ID theft crime took place is the area where the report should be made. Make sure that you also get a copy of the report as insurance against the possibility of someone needing the report further on.
There is no doubt that identity theft is costly. It will eat into your money and you time as well. However, what you are liable for can be limited if you act quickly. For example, if the credit card theft is made a report to the necessary places in advance of any illegal activity, the responsibility will not be yours for charges on your card that you did not approve. If the card is used before you report the theft, you will face a liability of just $50 - should your card be illegally employed to remove all of your cash. So report all identity theft promptly in order to regain a measure of control over your life.
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