Identity theft is a serious crime where your personal information—anything from your name, driver’s license, or Social Insurance Number—has been -compromised by an imposter who intends to commit fraud in your name. With your Social Insurance Number, someone can easily obtain false lines of credit and rack up significant debt in your name. With a stolen identity, someone might hide behind your name in a legal matter, leaving you with a false criminal record. Identity fraud is a major problem, and it happens more often than you might think.
Learn more about how to protect your personal information and find easy tips for preventing identity theft and credit fraud.
There are also several simple things you can do to significantly reduce your chances of becoming a victim of fraud.
How do I know if I’m a victim of identity theft?
Signs of fraud vary but typical indicators include:
Getting your credit report from TransUnion is an effective way to help you detect identity fraud. You can review your report for signs of suspicious activity, such as accounts that you don’t recognize, or inquiries from companies with which you’ve never done business. These could be signs that someone is applying for credit in your name. It’s best to catch it early. While you can’t always prevent identity theft, you can be proactive and minimize the damage.
If you suspect that someone has stolen your identity, there are several things you need to do:
One of the best ways to detect fraud is to subscribe to monthly monitoring and/or request your credit report at least once a year from both major consumer reporting agencies to check for unauthorized activity and resolve issues quickly.
There are also several simple things you can do to significantly reduce your chances of becoming a victim of fraud:
Would you like to see your credit score now?
Advertiser Disclouser: TransUnion Interactive may have a financial relationship with one or more of the instructions whose advertisements are deing displayed on this site, In the event you enter into a product or service relationship with any such institution through the links provided on the site, TransUnion Interactive may be compensated by such institution. This compensation may impact how and where products appear on this site including. for example, the order in which they appear. TransUnion Interactive does not include all credit card companies or all available credit card offers.