FP - A Stolen Identity... Lesson
A Stolen Identity...
If you think that someone has stolen your personal information, take action immediately. If you see unauthorized charges on one of your credit cards or bank statements, contact your credit card provider or bank immediately to dispute such charges and alert them to the problem. Also, contact one of the three credit reporting agencies to place a fraud alert on your credit report; this will prevent an identity thief from opening any new accounts in your name. (If you notify one agency, they're required to inform the other two.) You may also want to file an Identity Theft Report with the police, which will give you certain legal rights such as helping you prevent credit reporting agencies from listing fraudulent accounts on your report, and ensuring that collection agencies do not pursue you for charges you did not make.
Three Rapid Response Tips Video
Watch the video below for information about your immediate response if you are a victim of identity theft. It may take a few moments to load.
Credit Cards
Your liability for credit card charges that you didn't authorize is limited to $50 per card. To dispute fraudulent charges, contact the credit card issuer within 60 days of the day the credit card issuer sends you the bill showing the fraudulent charges.
What if an identity thief changed the address on your account and you don't get your statement? You are responsible for keeping track of your statements. If your statement doesn't arrive on time, contact your credit card company.
Bankruptcy Filed In Your Name
If you believe someone filed for bankruptcy in your name, contact the U.S. Trustee in the region where the bankruptcy was filed. The U.S. Trustee Program refers cases of suspected bankruptcy fraud to the United States Attorneys for possible investigation and prosecution. The U.S. Trustee can't provide you with legal help, so you may need to hire an attorney.
Three Steps For Victims Video
Watch the video below for more information about what to do if you are a victim of identity theft. It may take a few moments.
Financial Protection Module Review
Now that you have completed this module, you should know and understand:
- What identity theft is
- How to protect your personal information
- What to do if you are a victim of identity theft
Review what you've learned in the activity below.