Continued from Part 1 of How To Report Identity Theft… 5. File your complaint with the Federal Trade Commission. The FTC tracks and monitors ongoing identity theft cases. They can pick up patterns and recognize identity theft rings with this information. If you have suspicions that your identity may have been stolen, inform the FTC [...]
Small business identity theft is a growing crime. Businesses lose around $50 billion in identity theft annually. With the figures being so huge, many small business owners believe larger businesses must be the main targets. In truth, small businesses are much more valuable in the long term, partly due to the lack of experience and [...]
This is a story of two people and identity theft and small business. Jeanie and Ray took over the family company their father had built from nothing. Since they’ve worked away at and had ownership of the company, they’ve seen it grow with the addition of compliance services in the transportation industry. Daily, they struggle [...]
The process for how to recover from identity theft is a long and difficult process. Discovering that you have become a victim of identity theft can be shattering. The frustration and rage you feel at the injustice and the inconvenience resulting from the crime need to be channeled into some positive action to overcome the [...]
Continued from Part 1 of How To Recover from Identity Theft… It is true that you do have a right to dispute unauthorized and inaccurate entries on your own credit report when you recover from identity theft. A written explanation of any ensuing dispute investigation results. Should an investigation discover the information you are disputing [...]
Credit monitoring has become a necessary service because the crime of identity theft has escalated so much that even the government can see the need for its prevention. To remove some of the popularly perceived threat, in 2004 the US government passed the Fair and Accurate Credit Transactions Act (FACTA). Part of FACTA gives consumers the [...]
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