How to Report Identity Theft: Saving Face
For victims of identity theft, the world is suddenly a scary place. Whether the information was stolen online or offline, through literal theft or through fraud, victims on longer feel safe in their own skin, and sometimes, they question whether they even own that skin anymore. But identity theft itself does not always have to occur-just because thieves have the information it does not mean they will be able to use it to ruin lives.
With awareness and quick response, individuals can prevent a majority of the damage. And that is why it is always important to report identity theft. If victims report identity theft, not only can they prevent that thief from going on to rob someone else of everything, they can ensure that, while they may need to close a few accounts, their identities remain their own.
Reclaiming an Identity
There are many reasons why victims should report identity theft. Reporting the crime is easy-like any other crime, the first stop is the local police station, followed by a complaint with the Federal Trade Commission. The decision to report identity theft should be made immediately-the more time given to local officials, the less the damage will be in the end. Most victims know to monitor their credit card statements and to close affected accounts, but they do not understand the need to report identity theft.
A police report for identity theft is important for victims because it gives them legal rights. Money can be restored, and certain private information can be blocked on all future paperwork. In other words, while most individuals are required to submit certain information for credit cards and loans, victims of identity theft may not be required to so do, but only if they report identity theft.
Reports will also prevent debt collectors from continually requesting payments. Otherwise, debt collectors will hound victims until they receive payments, and sadly, without reports, they are legally allowed to do so, even if the victims are not responsible for the charges.
However, in order for victims to earn these rights when they report identity theft, they need to be specific. This includes information from the Federal Trade Commission and copies of related credit card statements and specific charges and dates. The need to report identity theft is severe, not only to fix damages and prevent future damages, but to ensure that thieves are caught and brought to justice. Also, if the thief worked for a company, these reports can be used to shut down those agencies and return any other stolen money or information to other victims.
