Identity Theft Protection FAQ
Frequently Asked Questions about Identity Theft Protection
What do thieves do once they steal my identity?
Identity thieves continue to come up with new ways to benefit from your stolen identity. The most common thing an identity thief does is open up a new account in your name. This can be a credit card account, a bank account which they use to write bad checks, a phone or wireless phone account, or a utility account such as heat, electricity or television. The thief then racks up charges in your name and never pays them, leaving creditors to come after you. Another common tactic is to take out a loan in your name for something like a car or even a house. Identity thieves also commonly use your identity in dealings with the government. The purpose of this can vary from receiving benefits in your name (such as Social Security, or even a tax refund) to avoiding prosecution by giving police your information when arrested. Of course, when you don't show for the court date, a warrant is then issued for your arrest! We could go on, but suffice it to say, there are hundreds of ways for an identity thief to benefit from using your personal information.
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