Archive for September 2007

According to studies, there are around 10 million American victims of identity theft in the year 2003 alone. That was 3 years ago. You can expect the number to have risen over the years.

Persons who find themselves victim to this kind of crime has a lot to suffer for. Not only have they been taken advantage of, they also have to endure long hours of trying to clear up their name once again.

Since this crime does not show any signs of being stopped soon, early detection is the only other solution that should be best done. You would not want someone tampering with the credit rating you have worked so hard for, now would you?
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You may have been shocked at the stories of identity theft told by those who have fallen victim into this kind of crime. With the way things are going today, you can expect more to read and see more of these crimes being presented.

According to recent studies on identity theft, more than 7 million people have become victims of this crime in the US alone. If you compute that on a daily basis, it would result to around 19,000 identity cases a day.

Based on these numbers alone, you will realize that identity theft is really something that should be given serious attention and focus on. With the technology getting more and more advanced everyday, these identity theft stories are not likely to end up soon.
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The simplest way for fraud to get access to your bank statement is by the use of your own checks. Well, how could other people get your checks? It is so simple! They just snatch your checkbook when you are about to pay for your purchases or they can just pick it from your pockets or bags.

Checks are usually susceptible to thieves especially if you are not attending to it that much. The thief may get one piece of your check or worse, he or she might take your whole check book.

Once you realize that your check book is missing or stolen, you should stop payments for it and have them cancelled. It is wise that you should inform your bank immediately after you realize your check is missing. It is also necessary to request for any check verification service from the bank to know if your missing or stolen checks have already been used
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The number of identity theft cases has been increasing to this day. In fact, according to the identity theft statistics, the Federal Trade Commission reported that for 4 continuous years, identity theft has been on the top of the list of the consumer complains.

It has been assumed that identity theft mounted to over 42 percent of the complaints that has lodged in the FTC Consumer Database in the year 2004 and has increased for about 40 percent in the year 2002.

According to the FTC Identity theft statistics, there are approximately 10 million consumers, mostly American have discovered that their personal information have been intentionally used to open up a fraudulent bank account, utility accounts and credit card.
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Identity theft usually happens when a certain person unlawfully gets you personal data like your Social Security Number, Credit card Accounts, Driver’s License Number and other information about you.

The person who obtains your personal information utilizes it to his or her loan or credit card application, which is under your name. The thief also uses it to do unlawful purchases or to use any of your active financial accounts.

Identity is very rampant today, but there are significant guidelines you can consider which will help you lessen the potential of becoming one of the identity thieves.
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We live in a world where information technology is highly oriented in the society. The advancement of technology have allowed us to make business transactions easily in just a short time.

But even with the enhancement of technology, we could never believe that it gave rise to a crime which is known as the identity theft.

As a matter of fact, the Federal Trade Commission have released a news which stated that in the year 2003, there had been at least 27 million Americans that have fallen to the identity thieves which started way back in 1999.
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