If you discover you’ve been the victim of identity theft, you’ll
face quite a bit of uncertainty. It’s difficult to tell when someone
might try to use your identity fraudulently (if they haven’t already),
so you need to protect yourself. Fortunately, recovering from identity
theft and defending your identity may be easier than you think, even if
it might take some time. Here are some simple steps you can follow.
1. Notify Your Creditors
The first and arguably most important thing you should do if you discover
you’ve been the victim of identity fraud is notify your bank and
creditors. The last thing they want to have happen is someone open new
accounts or take out loans that end up being fraudulent and get discharged.
You’ll need to act quickly when you discover fraud: generally it’s
best to report any fraudulent activity within 48 hours of discovering
it to keep your liability as minimal as possible.
2. Manage Your Credit Report
Running your credit report can help you take stock of how much damage
has been done to your financial history, and help you develop a strategy
for what you need to recover from. You may also want to consider putting
a fraud alert on your credit report (which instructs creditors to obtain
additional identification from anyone looking to open a loan in your name),
or even getting a credit freeze.
3. Contact Authorities
There are two different authorities you should contact: the police, and
the Federal Trade Commission. You can reach the FTC by phone or online
and fill out the proper paperwork, including theft complaint affidavit.
Combine this affidavit with a police report to create an identity theft
report and effectively dispute fraudulent charges and accounts in your
name. You should send a copy of this theft report to your creditors and
credit reporting agencies as well.
4. Protect Your Social Security Number
Contact the Office of the Inspector General and notify them that you believe
your social security number was used fraudulently. You can obtain a copy
of your Personal Earnings and Benefits Statement to check for accuracy
and make sure any withdrawals are authentic.
5. Get a New Driver’s License
While you can’t get a new social security number, you
can get a new driver’s license number, and sometimes this is necessary
if your existing one is used to commit identity fraud. Contact the Department
of Motor Vehicles to find out the process for getting a new number.
Get help dealing with your identity fraud from a Fort Lauderdale debt attorney;
contact Loan Lawyers today at (844) 344-4813 for a free case evaluation!