What happens if I am a victim of identity theft?

What happens if I am a victim of identity theft?

Identity (ID) theft happens when someone steals your personal information to commit fraud. The identity thief may use your information to apply for credit, file taxes, or get medical services. These acts can damage your credit status, and cost you time and money to restore your good name.

Are bank accounts protected from identity theft?

The Federal Deposit Insurance Corporation (FDIC) is a deposit insurance program backed by the federal government that protects bank depositors for up to $250,000. Many credit card companies and banks have customer protection plans in place to ensure against identity theft or to recover funds from fraudulent purchases.

What is the first place to go online if you are a victim of identity theft?

You may file online and print a copy to show to the police when you file your report (see step 7). You may also file a complaint by calling the FTC Identity Theft Hotline at (877) IDTHEFT, or (877) 438-4338.

What should someone do if they feel they have been a victim of online identity theft?

Here are 10 steps to take if you feel that you may have been a victim of identity fraud.

• Notify affected creditors or banks.
• Put a fraud alert on your credit report.
• Check your credit reports.
• Freeze your credit.
• Report the identity theft to the FTC.
• Go to the police.
• Remove fraudulent info from your credit report.

How do you check to see if someone stole your identity?

What you can do to detect identity theft

1. Track what bills you owe and when they’re due. If you stop getting a bill, that could be a sign that someone changed your billing address.
2. Review your bills.
3. Check your bank account statement.
4. Get and review your credit reports.

How do I protect myself from identity theft?

1. 10 Ways To Protect Yourself From Identity Theft.
2. Destroy private records and statements.
3. Secure your mail.
4. Safeguard your Social Security number.
5. Don’t leave a paper trail.
6. Never let your credit card out of your sight.
7. Know who you’re dealing with.
8. Take your name off marketers’ hit lists.