What Should You Do When Your Identity Is Stolen: Learn 7 Important Steps
Reports have indicated that identity fraud is a problem that is on the rise. As much as it is affecting so many people, the problem may remain unsolved for much longer. This means that you need to be alert and keen. Fortunately for you, you can learn about the steps you can take so that you can keep your identity as safe as possible even when stolen by the fraudsters. When fraudsters steal your identity, it can be risky and it could lead to financial losses. Fortunately, we have some ideas that can help you. Read This article to the very end and understand the important steps that one needs to take once their identity has been stolen.
For starters, you will need to inform companies of the incident. There is no harm in taking action really quick. You can’t just wait to later hear about fraudster activities that have already taken place. These fraudsters are normally very fast as they avoid getting caught. Therefore, any relevant company needs to know about the theft. With account takeovers, the information on your card can be compromised. In the case where you call your card issuer, then they are in a position to act fast and prevent the fraudsters from accessing more information to jeopardize your affairs.
Also, ensure that you have filled a report with the Federal Trade Commission. They collect all information relating to stolen identity cases. They will not take on the criminal charges but will provide law enforcers with critical information that will help in tracking down the criminals. You just get to their website and file your case. They will provide you with a recovery plan. You will then be issued with forms and letters helpful in filing a report with the police and also disputing fraudulent charges. view here for more
Filing a report on the theft with the police is also essential. There will be documentation and the police can assist you. click here for more
Additionally, ensure to place a fraud alert especially with the main credit bureaus. Institutions will therefore be aware of chances of your card being compromised. Institutions will be better placed to identify that your card could be compromised. click here
Go ahead and freeze your credit. No one can access your credit report if you do so. You only have to call the main bureaus and have them do it.. discover more
Tightening Security on your accounts is also critical. Do not use the same passwords for all accounts and make it easy to guess. click for more
Finally, you could hire an identity theft attorney to boost your identity security.