Steps to Take When You Are the Victim of Identity Theft
With the increased crime rate many people have their identities stolen yearly. Above all, as adults it is important to protect proof of identity for events like buying a car, house, opening a credit account, and more, view here for more. Most importantly, we need to protect proof of identity for many essential parts of adulthood like buying a home, buying a car, and opening a credit card to mention a few. This brings us to the big question, what will you do if you fall victim to identity theft. 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. Letting the bank and creditors know is essential because almost all creditors and banks will have protection put in place for their cardholders that are victims of identity theft, check this page. Upon contacting your creditors and bank, they will be able to talk to you about the policies and protections measures they will take so you know what to expect.
If you suspect your identity is stolen, you should freeze your active credit. In an identity theft situation, credit freezing will be a wise move for many reasons. It helps lock all that information away which will prevent agencies from giving 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. It is advisable to place both fraud alarm and freeze your credit as this will offer s much more protection than doing just one.
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. Whether via a phone call or online, contact the federal trade commission to let them know of your identity being stolen and provide as many details as possible. The advantage of reporting to the federal trade commission is that they will provide a helpful recovery strategy as well as give you proof someone has indeed stolen your identity. A good idea will be to ensure you keep a copy of both the items as you inform the police, banks, and creditors. In such a situation of course it will be good if you talk to your lawyer. Make sure you choose a reputable lawyer. Ultimately, this is what you should do when you fall victim to identity theft.