Reporting Identity Theft
by: Norm McAlister
Would you know what to do if you suspect that your personal information had been stolen and used by thieves to open new accounts? It’s important that you take the right actions to clear your name as quickly as possible.
In 2005, the laws were changed to allow anyone to review their credit report yearly without having to pay a fee. You can also get a free credit report if you were denied credit during the previous 60 days. By reviewing your credit report periodically, you have a better chance of stopping any unauthorized activity more quickly. There are services that, for a small fee, will monitor your information each business day to ensure that no one else has access to your accounts.
If the worst should happen and your identity is stolen...