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What Is Identity Theft?
Identity theft occurs when someone obtains your personal information (your Social Security Number, credit card numbers, or bank account information, for example) and then poses as you to take over your credit accounts, open new ones, take out a loan, rent an apartment, access bank accounts, or commit many other crimes at your expense.
Most damaging of all, you often don't know you are a victim of this crime until months later, when you are unexpectedly turned down for a loan or get a call from a collection agency about an account you never opened. You might even get a call from the police about a crime you didn't commit.
Beware of Credit Fraud Too
Because credit card companies must limit consumer responsibility to $50 in most cases of fraud, and because many new cards include "zero responsibility" protection, some people think there is no reason to worry about credit fraud. But in its most advanced form -- identity theft -- credit fraud can cause wide-ranging long-term problems.
Identity thieves can use your personal information to take over your savings or checking accounts or open new ones. And these damages do not have limits. They may even use your good credit to get a job, take out a car loan, or rent an apartment.
Recent Comments
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3 comments
InsuranceAgentEd 11:37:49 AM May 17 2008
BEWARE, there's more than just Financial Identity Theft. There's also Driver's License Identity Theft, Social Security Identity Theft, Medical Identity Theft and Character or Criminal Identity Theft! Each of these can cause you problems beyond your wildest dreams if your identity is stolen from you!
For more information about this, go to www.prepaidlegal.com/info/edwin9 and get ALL of the facts and not just some. LEARN how you can protect yourself from this terrible "disease" that is sweeping across the country.
MHogue3909 06:38:28 AM Feb 27 2008
I found an EBAY USER ID DATABASE which had been hacked FROM ebay and posted on the WAYBACKMACHINE. I have posted the EBAY USER DATABASE ON WWW.DELPHIFORUMS.COM/BOYCOTTEBAY MESSAGE BOARDS. Contact mhogue3909@aol.com for details
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3 comments
