There is nothing worse than finding out that someone has access to your personal information. Additionally using it for their own benefit. The worst part of identity theft is that the victim is often unaware that something is wrong. Until it is too late in most cases. As identity thieves become smarter and more resourceful, it is very important to keep an eye open for possible signs of identity theft.
It’s not always easy to know what to look for in order to spot identity theft as soon as possible. Not everyone has time to monitor every piece of personal information 24 hours a day. Here are a 3 signs of identity theft to watch for:
Receiving Mail About Accounts That You Did Not Open
If you begin receiving account statements or bills from a bank or other lending institution in regards to a loan or credit card that you did not open, you need to be sure to report it right away. Be sure to call the institution that you received the statement from. You also need to report the incident to the police to have a report filed, as well as the Federal Trade Commission where you can file an identity theft complaint.
Inaccurate Info on Credit Report
Many victims of identity theft have reported that their first clue that something is wrong was when they noticed erroneous or inaccurate information on their credit report. You might notice incorrect or misspelled names as well as addresses of places you’ve never lived. Any incorrect personal information you find on your credit card should be a consideration as a sign of identity theft. Sometimes, an identity thief has only to add a new address in order to assume your identity and begin destroying your credit. Be sure to check your credit report on a regular basis to make sure no one has stolen your identity.
Irregular Spending or Withdrawals
While this may be the quickest way to spot identity theft in a personal account, for businesses, irregular spending habits can go for longer without being identified, unless you have someone monitoring that for you. Having a dedicated accountant or bookkeeper can make a difference in catching these expenditures so you can quickly take action.
If you discover that you are indeed a victim of identity theft, remember to have a police report filed as soon as possible no matter how big or small the incident may be. This will make a difference with the banks you use and your credit rating.
Want more info on identity theft or the services we provide? Be sure to give us a call at 602-375-5251.