What Is Identity Theft And How Does It Happen?

What is identity theft? Identity theft and fraud (real name), is committed when thieves steal your personal information to...

• Obtain credit

• Steal money from a victim's existing accounts

• Obtain credit cards from banks and retailers

• Establish accounts with utility companies

• Apply for loans

• File bankruptcy

The scariest thing identity thieves can do is file for bankruptcy under your name.

This way the thief doesn't have to pay debts or can avoid eviction, Or they can give your name to police during an arrest.

If they are released and don't show for a court date, a warrant is issued in Your name.

• Obtain a job using your name

• Buy a house

• Buy a car

• Rent an apartment

For more tips on how to protect your home and vehicles from theft, see home security tips and motor vehicle theft

Why Are You So Vulnerable?

Identity theft is so easy for a thief. Your information can also be stolen from your...

• Mailbox

• Garage

• Computer

• Home

• Business

• Car

Because of all the vulnerable areas where we can be attacked, we should all be very diligent in practicing identity theft prevention.

All that is needed is some personal information such as your...

• Birth date

• Social security number

• Address

• Cell phone or phone number

...and any other personal information the thief can steal from you.

Identity theft is a crime of opportunity.

Thousands of dollars can be stolen in your name, without you even knowing it happened for months, sometimes years.

• Avoiding identity theft takes knowledge and educating yourself about how these crimes occur.

• It's been well documented that criminals use a victim's identity to commit crimes anywhere from simple traffic infractions, to major felony crimes.

For more see credit card scams and identity theft solutions

What is identity theft? An opportunity for a thief to live a whole 'New' life, on your good credit and name.

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