ss_blog_claim=1c50e1c3f0124401fa7484bebb1b9f67 ss_blog_claim=1c50e1c3f0124401fa7484bebb1b9f67
My BlogCatalog BlogRank

Information on identity fraud

January 24, 2009 – 7:00 am

Identity theft is increasing day by day as the internet dependancy is also increasing in our day-to-day life. We are becoming more depended on the credit cards, online payments and falling a prey to identity thieves.  If someone uses the personal information of an individual and commits a fraud without informing the person about it then it falls under identity theft. I have seen many friends of mine loosing huge money for this kind of issues. In this fast world sometimes we don’t have any choice other than going for a online payment of a bill or using the credit card and here the hackers takes the advantage of stealing the personal information and using those information illegally.

Major damage may happen if some ones personal data is stolen. It is same as loosing some ones property or house. Some times these crimes go on for several years as the victim is not aware of the fact that his/her personal information is stolen. People who check their monetary transactions less often tends to ignore the fact that some mishap is happening in his/her transactions. The issue only strikes if a huge loss is seen. Frequent checking of the bills and the credit report is always desirable in order to minimize the risk of identity theft.

There are different categories of identity theft. I am including few in this post :

1)Credit card fraud
2)Banking fraud or Loan fraud
3)Phone utility fraud
4)Bankruptcy fraud etc.

Sometimes after knowing about identity fraud people are confused about the steps that he/she should take. The victim’s credit rating gets hampered for such a fraud for which getting a new credit card or loan becomes very tuff.


Posted in Identity Theft |

  1. One Response to “Information on identity fraud”

  2. The best way to prevent an identity theft is to plan for one! Would you know who to call if your wallet was stolen?

    Do you know the latest innovative scams?

    When it comes to identity theft, it's what you don't know that will hurt you.

    Get copies of your "really" free credit reports at the officially designated place; annualcreditreport.com, or call the automated toll free number to order credit reports from each bureaus at 877-322-8228 .

    Review and dispute them for any inaccuracies or fraudulent accounts.

    Take the time to either place a credit freeze or fraud alerts on your file. Doing so before learning your information has been breached or stolen can greatly reduce the harm done.

    If you can't commit to the time required to both protect and restore your identity, then do what I did, and hire services such as LifeLock to do it for you.

    Stay informed and alert to the latest scams circulating.

    See my Blog at http://www.givemebackmycredit.com/blog for tips, scam alerts and consumer news.

    Knowledge is power!

    By Denise Richardson on Feb 2, 2009

Entries (RSS) and Comments (RSS). Informative Articles Useful Resources