Identity Theft claims millions of victims every year.
The identity fraud study recorded that in 2019 approximately 14.4 million people were victims of identity fraud. So although many of us feel like we would never become victims of identity theft it is a threat that happens way more than you would think. If you or a loved one have become a victim of identity theft here a few steps you should take to ensure you resolve the problem properly.
Make sure you notify the right people:
Notify the IRS and File a report with the Federal Trade Commission. If the identity theft is attached to one of your cards make sure to notify all participating parties where you suspect fraudulent activity.
Here's what we advise you to do after notifying participating parties?
Make sure you place a fraud alert on your credit reports or freeze your credit ASAP. This helps stop the culprit from continuing to use your identity or commit further fraudulent activity.