What Is ID Theft And How Do You Protect Yourself From It?
Statistics for ID theft are staggering. Every day hundreds of people have their identities stolen and their personal finances destroyed. You have probably heard about it, but what is ID theft really and how do you protect yourself? What questions should ou be most concerned with when arming yourself with identity crime knowledge?
There are a lot of different kinds of identity theft. Some people may pretend to be others to get jobs, for example. Some commit ax fraud and some assume the identity of others so that they can receive expensive medical treatments and not have to pay for them.
What is ID theft at its root? Well, that's actually pretty simple. In general, most ID theft is committed in order to make money or obtain goods or services without spending their own money.
In other words, ID thieves could drain your bank accounts or use your good credit to get houses, cars or make other large purchases.
It may be a surprise to you, but actually ID theft has been around for awhile. Even in the 1950