Identity Theft is a criminal act where another individual has used your name in order to:
- Make Purchases
- Use Credit Cards
- Rent an Apartment
- Obtain Medical Services
- Re-route your Tax Refund
- Impersonate you during contact with law enforcement
- Obtain utilities without your consent.
Even if you resolve matters regarding fraudulent credit card purchases with your bank, you may still receive letters and phone calls from debt collectors for items you did not purchase.
In addition, you may also receive negative entries on your credit report- resulting in increased interest rates and difficulties receiving credit.
If you have been a victim of Identity Theft, the Federal Trade Commission has created a helpful handbook called Taking Charge, that explains what to do if your identity is stolen.
Read more: Have You Been A Victim of Identity Theft?