Identity theft is something that no one would ever want to experience as it is a case where the victim looses almost everything their financial status and even personal identity. Using everyday data such as your social security number and drivers license the id theft thieves can easily assume your identity to open new bank account, write bad checks, establish new credit card account, avail loans and even take cash advance on your name.
Additionally they might also set up cell phones or run up bills and utility services apart from just making charges on your previous account. The thieves can even gain access to your employment identity and rent an apartment over your identity. Just a single instance of this crime can negatively affect your credit score which can create a lot of problems when you need to avail financial help in the future.
Types of id theft
You can say it identity theft when someone else has sufficient information about you to stand up as you. The id theft criminals can use your information in different ways. There are way main types of id theft or the reasons for the theft. **End Summary** Topics: steps to prevent identity theftguide to identity theft
About the Author:
John Goldman is an expert in matters relating to Identity Theft and Identity Fraud.To learn more about things that can help you to detect and avoid ID theft and fraud view our Identity Theft and Fraud website
