When an impostor steals driver’s license number, Social Security number, name & address, or even medical insurance account numbers, with an aim of impersonating themselves, you are at a great risk. This is a serious crime, however, committed at a very high rate nowadays. Such information could be utilized to obtain services, merchandise, or credit in the victim’s name, or even to give a thief false credentials. An impostor can as well identify him/herself falsely to the authorities, leaving outstanding warrants of arrest or creating criminal records for the victim. It is very important to understand what to do after becoming an Identity theft victim.
How to Restore Your Identity
Save yourself from further harm by acting fast. Follow the steps below:
Call a credit reporting company and request for the initial fraud alert. This lasts for ninety days. An initial fraud alert can help stop any individual trying to set up a credit account under your name. A fraud alert informs businesses that they have to contact you prior to giving a person credit in your name. An initial fraud alert should be used if you suspect that your identity has been stolen. The other two fraud alert types include extended and active duty fraud alerts. An extended fraud alert should be used if you are sure that your identity was stolen. It lasts for 7 years. An active duty fraud alert will last up to a year. It should be used by one who is deployed or in the military.
Request for a credit report from all three credit reporting companies. The crediting reporting company is going to create your credit report. The company collects your information as well as that of your credit history. You will get a free report if your identity was stolen. You require copies of the 3 credit reports to help you see if anyone tried opening other accounts under your name or if they purchased items using your credit cards. The 3 main credit reporting companies include Experian, Equifax, and Transunion.
Create the identity theft report to assist you in proving that you have been a victim. Such a report is created using information a victim gives to the government as well as the police. In other words, it is the victim’s statement of the occurrence. The report will list the changes you didn’t make, as well as the accounts that aren’t yours. It will as well assist you in fixing your credit report and settling your accounts. It helps stop others from making you pay for money spent by the identity thief.
To create an Identity theft report, complain to FTC and print the complaint’s copy (Identity Theft Affidavit). File a report with the police about the matter. You must bring with you the ID Theft Affidavit, which assists the police to write the report. Have your FTC ID theft Affidavit attached to the police report. This way you have your Identity Theft Report.