1. What is identity theft? Identity theft is when someone assumes your identity and opens bank, credit card or other accounts to commit fraud or theft. The Federal Trade Commission says the crime is growing at an alarming rate, with approximately 300,000 reported cases in 2002. And, creative crooks are plotting new schemes all the time.2. How does identity theft happen? Con artists need only one slip of paper to steal your identity. Go inside the mind of an identity thief who knows firsthand what you should do to protect yourself. Check out his tips.3. What if I'm a victim? You must prove you're a victim of identity theft -- not a deadbeat who doesn't want to pay bills. Act quickly and follow these 8 steps to clean up your credit. This worksheet will help you track your calls.4. Can I protect myself? Vigilance is your best weapon. Routinely check your credit report for unauthorized activity, guard your Social Security number and keep track of all your accounts. More tips.5. Is help available?Some companies are joining in the battle but do you need their help?6. Why are students at risk?College students forced to flash their Social Security number on a daily basis need to be especially careful. advertisementRelated Links:Checking and reading your credit report5 steps for improving your credit ratingMortgage fix may hurt your credit scoreRelated Articles:Layaway makes a comebackClosing a credit cardSecrets to credit scoring
1. What is identity theft? Identity theft is when someone assumes your identity and opens bank, credit card or other accounts to commit fraud or theft. The Federal Trade Commission says the crime is growing at an alarming rate, with approximately 300,000 reported cases in 2002. And, creative crooks are plotting new schemes all the time.
2. How does identity theft happen? Con artists need only one slip of paper to steal your identity. Go inside the mind of an identity thief who knows firsthand what you should do to protect yourself. Check out his tips.
3. What if I'm a victim? You must prove you're a victim of identity theft -- not a deadbeat who doesn't want to pay bills. Act quickly and follow these 8 steps to clean up your credit. This worksheet will help you track your calls.
4. Can I protect myself? Vigilance is your best weapon. Routinely check your credit report for unauthorized activity, guard your Social Security number and keep track of all your accounts. More tips.
5. Is help available?Some companies are joining in the battle but do you need their help?
6. Why are students at risk?College students forced to flash their Social Security number on a daily basis need to be especially careful.
A little research could save you BIG on interest.