June 17, 2016
Identity theft is one of the most aggravating and mystifying crimes out there. You don’t always know when the crime occurred, you’ll almost certainly never know who did it, and there’s no sure way to tell what the full ramifications will be.
Every step you take after the crime to restore your good name — not to mention finding the perpetrator — is arduous and redundant. The ultimate agony is that some of the companies you’ll contact to clear your name will suspect you of theft.
The thieves expend almost no energy to quickly steal your identity, and yet you spend weeks (or more) fighting your way back to a normal financial life, according to Laura Gross, Senior Communications Specialist with U.S. Bank’s Information Security Services.
Five Key Steps
If you believe your identity has been stolen, you need to act immediately — as in the moment you realize you’ve lost a bank card or notice something fishy on a financial statement. In that case, assume a theft has happened or is imminent.