Identity theft is one of the fastest-growing crimes in America, with millions of victims each year. When someone steals your identity, they can open fraudulent accounts, rack up debt, and destroy your credit — sometimes before you even know it happened.
Warning Signs of Identity Theft
Immediate Steps If You're a Victim
**Step 1: Place a Fraud Alert** - Contact one of the three major bureaus to place a fraud alert. They're required to notify the other two. This makes it harder for thieves to open new accounts.
**Step 2: Get Your Credit Reports** - Review all three reports for fraudulent accounts and unauthorized inquiries.
**Step 3: File a Police Report** - A police report is often required by creditors and bureaus when disputing fraudulent accounts.
**Step 4: File an FTC Report** - Go to IdentityTheft.gov to create an official identity theft report and recovery plan.
**Step 5: Dispute Fraudulent Accounts** - Send dispute letters to each bureau with copies of your police report and FTC report.
**Step 6: Consider a Credit Freeze** - A credit freeze prevents new credit from being opened in your name. It's free and the most powerful protection available.