What to Do If You’re the Victim of Identity Theft
Every year millions and millions of people have their identity stolen. To be a victim of identity theft is stressful and devastating. Being in an identity theft situation is always nerve-racking. Beyond everything we need our proof of identity to protect for most important section of our adult life like purchasing a home, buying a car, and opening a credit account among many other. Having that said, suppose you have your identity stolen what will be your options. Luckily, the discussion below will expand on identity theft protection and the right thing to do when you have been a victim of identity theft, discover more.
Once you suspect or have realized your identity is stolen, it will be wise to let your creditors and bank know; learn more. Contacting your creditors and banks is crucial following that most of the bankers and creditors are going to have protections for their cardholders that are a victim of identity theft. On the other hand, your creditor and bank will inform you more about the various liability policies and protections in place when you contact them so you know information about what to expect.
If you suspect your identity is stolen, you should freeze your active credit. The moment you realize you are in an identity theft situation and have fallen victim to online fraud or credit fraud the best move is to freeze your credit. The main importance of making the wise move is that it will keep all that information away, enabling prevention of agencies from providing your credit report to other creditors. In the freezing process you will be asked to create a pin that will be used to later lift the freeze so make sure you keep a record of all that information to avoid confusion and delays in the future. The most important tip here is to place a fraud alert and also freeze your credit to protect yourself much more.
The other step to take if you find yourself a victim of identity theft is to report it to the federal trade commission and personal lawyer. Contact the federal trade commission online or via phone and let them your identity has been stolen, check this site. The federal trade commission will do a great job at proving your identity has been stolen and provide a helpful recovery plan. A good idea will be to ensure you keep a copy of both the items as you inform the police, banks, and creditors. Additionally, contacting a lawyer will be important at this point. Make sure you choose a reputable lawyer. In conclusion, the article explains the essential procedures to take when you suspect your identity has been stolen.