Identity Fraud Research Paper

Student Answer: There are several methods to a crook use to steal your identity. Some crooks are using credit cards and drivers licenses with identities lifted from a stolen or forged passports a crook can be one that is pilfering your credit card number and charging merchandise to your

Explore the Frequently Asked Questions section to learn about credit reporting, credit improvement, information correction, identity theft, and other topics.

protect yourself from becoming a victim of credit card fraud and how to avoid traps that thieves

4. Using the FTC site, what can you do to minimize the chance of your identity getting stolen?

4. Using the FTC site, what can you do to minimize the chance of your identity getting stolen?

Free yourself from the illusion of authority. Many people make the mistake of giving too much credibility to the content of their credit reports. The power of the credit bureaus can be intimidating; we might believe

4. Using the FTC site, what can you do to minimize the chance of your identity getting stolen?

Along with this, you will need to contact all three of the major credit bureaus in order to place a fraud alert on your records. The bureaus that you will need to contact are; Equifax, Experian and TransUnion. You will also need to talk to your financial institution and look into closing accounts that have been opened under your name.

They suggest security freezing, fraud alert, and credit monitoring your files as solutions on what you should do if you discover that your information was released. These prevent people who have your information from opening new cards or accounts under your name. A security freeze, however,

2. Check your credit report – review your credit report to see if there are collection accounts you don’t recognize.

The method starts with a smart credit check get you're free FICO rating first and some fundamental information about your compensation, assets and month

2)     If you receive a call offering you a chance to win a major credit card prize but asks you for personal data such as social security number, credit card number or expiration date, or mothers maiden name. Never give out this information over the phone because 9 out of 10 times you’re being scammed.

Being the fastest growing crime of today, it is estimated that every 79 seconds an identity is stolen (Consumer Reports 13). Empty promises made by solicitors in spam e-mail offer a free gift in exchange for personal information. These solicitors have no intention of sending any free gifts, but their scams help them obtain the private information desired. If enough information is given, criminals are able to apply for credit cards, apply for a fraudulent loan under the victim’s name, and make illegal withdrawals from random bank accounts. This is only one of the many ways a person’s identity could be stolen (O’Reilly).

First Contact your bank, your credit card company(s) and any other financial institution you are affiliated with and let them know that you think you are a victim.

A. Opening Device: Good Evening ladies and Gentlemen I want to talk to you about one of the fastest growing crimes in America that has affected millions of Americans. Please raise your hand if you carry a wallet or a purse. Now raise your hand if you have a credit card or a social security number, everyone here today is at risk for identity theft.