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Real Life Information... on Everyday Life Topics - Identity Theft Information
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How Long Can The Effects Of Identity Theft Last?
It's difficult to predict how long the effects of
identity theft may linger. That's because it
depends on many factors including the type of
theft, whether the thief sold or passed your
information on to other thieves, whether the thief
is caught, and problems related to correcting
your credit report.
You may not need an Identity Theft Report if the thief made charges on an
existing account and you have been able to work with the company to resolve
the dispute. Where an identity thief has opened new accounts in your name, or
where fraudulent charges have been reported to the consumer reporting
agencies, you should obtain entitled to.You may not need an Identity Theft
Report if the thief made charges on an existing account and you have been able
to work with the company to resolve the dispute. Where an identity thief has
opened new accounts in your name, or where fraudulent charges have been
reported to the consumer reporting agencies, you should obtain an Identity Theft
Report so that you can take advantage of the protections you are entitled to.
Victims of identity theft should monitor financial records for several months after
they discover the crime. Victims should review their credit reports once every
three months in the first year of the theft, and once a year thereafter. Stay alert
for other signs of identity theft.
Don't delay in correcting your records and contacting all companies that opened
fraudulent accounts. Make the initial contact by phone, even though you will
normally need to follow up in writing. The longer the inaccurate information
goes uncorrected, the longer it will take to resolve the problem.
Next: What Can You Do To Help Fight Identity Theft?
Back to: Identity Theft Overview
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