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Thursday, August 2, 2012

Be Informed on Protection From Identity Theft

By Anna Grange


Identity theft is a crime where someone accesses other's personal information like name, Social Security Number, or credit card number, without his or her permission and tampers with the data and uses it for illegal purposes. The FTC estimates that approximately 9 million Americans lose their identities each year. Identities' being stolen has become a widespread issue in today's world of crime. The crime takes various forms depending on the situation.

Identity thieves may rent an apartment, gain a credit card, or establish a telephone account in someone else's name. We might not realize this at first till we review our credit report or a credit card statement and notice sudden changes in it. While some identity victims resolve their problems quickly, some have to spend a lot of money to make things right again. Some victimized people even lose their opportunities to get into jobs or get loans.

Some people may find out they are victims when they go to apply for a mortgage or car loan and it shows up on the credit report or credit history. While some identity theft victims are able to resolve their problems quickly, some may end up spending a lot of money to make things right again. They go through a tough phase to recover their data. Some victimized people even lose their opportunities to get into jobs or get loans.

If we check our credit reports regularly, we might be able to limit the amount of damage that can be caused by identity theft. We don't want to find out that we are victims when a bill collector suddenly calls to collect on overdue debts which we never incurred.

The FTC estimates that approximately 9 million Americans lose their identities each year. Identities' being stolen has become a rampant problem in today's world of crime. The crime takes various forms depending on the situation. Stealing the identity of someone is like encroaching into someone's personal details without his or her knowledge. One should be pro-active in implementing protection from identity theft and personal information. Many thieves have taken advantage of this behavior of people and have found it safe to take up this easy, money-making crime.




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