Identity theft is an awful crime that continues to victimize a person long after the theft has happened. The problems start when the crime is discovered and continues as the victim tries to repair the damage which was done to their credit history. If the individual is lucky, they can report identity theft prior to the criminal tries to employ their identity for illegal purposes. The ones who are not so lucky don't report identity theft until they are turned down for a credit card or they see on their credit history identity theft has occurred.
For some cases, it is difficult to report identity theft since many thieves are good at covering their tracks and the person never recognizes that their identity has been stolen until long after the individual has been obtaining credit in their name or using their identity for other crimes. The credit cards that are opened with their name and social security number are often sent to fake addresses so the individual will not ever see a bill for the credit card or a notice that the credit card had been defaulted on. If the telephone number that is used for the credit card application is a fake as well, the victim won't intercept any collection calls from the creditor either. It is really difficult to report identity theft when you do not even know that it's happening.
What Goes on When You Report Identity Theft?
The worst part about having to report identity theft is that the victim often has a difficult time in convincing the credit card company that they were not the one that applied for the credit card or that has been using the credit card because it has been issued. If the individual can report identity theft quickly enough, an individual can reduce the damage that occurs to their credit history by calling the credit card company to cancel the account prior to the credit card is run to its limit and they explain to the customer service representative that their identity has been stolen to open the credit card account. In many cases, when the person decides to report identity theft, they'll be required to sign a statement stating that they were a victim of identity theft and authorize the prosecution of whatever individual is found to be using their personal information without their permission.
If the person doesn't report identity theft easily, then the victim might have a great number of problems when trying to recover from the identity theft. Many credit card companies will only pay a disputed charge in a specific time period. If the person doesn't report identity theft within that time period, the victim might be held responsible for some of the charges. A few credit card companies will require the person to verify that they were not the person who opened the account. If the company has sold the debt to a collection agency before the victim was able to report identity theft, the victim may be receiving collection calls about the credit card account for years after the identity theft has occurred.
For some cases, it is difficult to report identity theft since many thieves are good at covering their tracks and the person never recognizes that their identity has been stolen until long after the individual has been obtaining credit in their name or using their identity for other crimes. The credit cards that are opened with their name and social security number are often sent to fake addresses so the individual will not ever see a bill for the credit card or a notice that the credit card had been defaulted on. If the telephone number that is used for the credit card application is a fake as well, the victim won't intercept any collection calls from the creditor either. It is really difficult to report identity theft when you do not even know that it's happening.
What Goes on When You Report Identity Theft?
The worst part about having to report identity theft is that the victim often has a difficult time in convincing the credit card company that they were not the one that applied for the credit card or that has been using the credit card because it has been issued. If the individual can report identity theft quickly enough, an individual can reduce the damage that occurs to their credit history by calling the credit card company to cancel the account prior to the credit card is run to its limit and they explain to the customer service representative that their identity has been stolen to open the credit card account. In many cases, when the person decides to report identity theft, they'll be required to sign a statement stating that they were a victim of identity theft and authorize the prosecution of whatever individual is found to be using their personal information without their permission.
If the person doesn't report identity theft easily, then the victim might have a great number of problems when trying to recover from the identity theft. Many credit card companies will only pay a disputed charge in a specific time period. If the person doesn't report identity theft within that time period, the victim might be held responsible for some of the charges. A few credit card companies will require the person to verify that they were not the person who opened the account. If the company has sold the debt to a collection agency before the victim was able to report identity theft, the victim may be receiving collection calls about the credit card account for years after the identity theft has occurred.
About the Author:
If you have important data and you do not want another person to know this, buying home paper shredder is a great choice for you. You can also destroy your document or data by utilizing cheap paper shredder that gives you much benefit while saving you a lot of money.
No comments:
Post a Comment