Business Lawyer

The crime of identity theft is rising in popularity. Unfortunately, victims of identity theft are unaware that their identity has been stolen before their good name and good credit has been damaged.

Is it possible to know if your identity has been stolen before drastic damage has occurred? Here are some hints for stopping identity theft:

Criminals will often apply for new loans or credit cards under a false name, using a stolen identity. You should contact a lender or creditor if you begin to receive letters of approval or phone calls of acceptance for loans to which you have not applied.

This is one of the first signs that something is wrong and can save you a lot of problems down the road if you investigate soon enough.

Another indicator that you may be a victim of identity theft is if you stop receiving bills or credit card statements. Criminals who use a false identity will chance the address on monthly bills so the victim is unaware that their credit cards are being used by someone else.