Preventing identity theft
According to the Federal Trade Commission, nearly 10 million consumers were victimized by some form of identity theft in 2003. Identity theft is much more common than previously believed. Victims lost $5 billion because of the crime last year, and businesses have lost close to $50 billion dealing with the problem. Because of the severity and likelihood of this problem happening to you or someone you know, we provide the following links to information on this problem, steps you can take to prevent identity theft, and also what to do if you become a victim.
Facts and figures:
If you are a victim:
Companies that offer identity theft assistance:
- Zander Insurance (recommended by Dave Ramsey) - for as little as $6.50 a month (or $72 a year), Zander provides you with educational materials, reminds you to get your free credit report three times a year, provides a representative to work with you and for you in resolving disputes if you become a victim, and reimburses up to $20,000 in expenses.