What Is Identity Theft?
Identity theft occurs when someone uses your name, address, Social Security number (SSN), bank or credit card account number, or other identifying information without your knowledge to commit fraud or other crimes.
Identity Theft Statistics
In the most comprehensive look to date at a fast-growing crime, the Federal Trade Commission (FTC) identified that nearly one in eight U.S. adults fell victim to identity theft in the last five years.
With 9.9 million victims last year alone, the FTC warned the identity thefts cost businesses $48 billion and $5 billion in out-of-pocket expenses to individuals.
The Federal Trade Commission has identified that up to 38% of victims of Identity Theft did not report the crime, jeopardizing their future credit rating.
What Are The Consequences Of Identity Theft?
Once identity thieves have your personal information, they may:
Identity theft victims should not delay in correcting their records. The longer the inaccurate information goes uncorrected, the longer it will take to resolve the problem.
Identity Theft Help: How we do it
Your personal credit report from all four Credit Bureaus will be cleaned up. We obtain your files from Experian, TransUnion, Equifax, and CSC. Any file that contains inaccurate or negative information is marked, and then we ensure it is removed.
All inquiries, old names, and previous addresses are removed.
After we have cleared your credit files we will stay with you for life to catch any other bad files that might show up.
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