How Often Are People Affected From Identity Theft?

Does identity theft ruin your life?

Damaged credit: If an identity thief steals your Social Security number (SSN), opens new accounts in your name and never pays, it could ruin your credit history.

Not only can this impact your ability to get credit, but it can also hurt your job prospects and increase your auto and homeowners insurance premiums..

Who is most at risk for identity theft?

Three main age groups stand out among victims of identity theft: the elderly, college students and children. The Bureau of Justice reports the number of elderly victims grew by 25 percent between 2012 and 2014. In children, identity theft victims as young as 5 months old have been reported.

How can I find out if someone is using my identity?

at 1-877-IDTHEFT (1-877-438-4338) or go to: www.identitytheft.gov/ To order a copy of your Social Security Administration earnings and benefits statement, or to check whether someone has used your Social Security number to get a job or to avoid paying taxes, visit www.socialsecurity.gov/statement/.

Can you recover from identity theft?

Contact the Federal Trade Commission (FTC) One key to recovering from identity theft quickly is to act quickly. 1 Reporting the theft to the right agencies is critical. The Federal Trade Commission (FTC) Identify Theft Bureau should be the first agency you contact.

How do I get my identity back?

Here are 10 steps to take if you feel that you may have been a victim of identity fraud.Notify affected creditors or banks. … Put a fraud alert on your credit report. … Check your credit reports. … Freeze your credit. … Report the identity theft to the FTC. … Go to the police. … Remove fraudulent info from your credit report.More items…•

What are the 5 most common types of identity theft?

Here are the five most common types:Driver’s license ID Theft. The information on your stolen driver’s license provides your name, address, and date of birth, as well as a State driver’s identity number. … Social Security ID Theft. … Medical ID Theft. … Character/Criminal ID Theft. … Financial ID Theft.

How do you check if your identity has been stolen?

How to check if your identity has been stolenCheck your credit card statements and bank account. If you notice any suspicious activity, alert your bank or credit union right away. … Run a credit report. U.S. citizens are entitled to a free one every 12 months. … Monitor your finances closely.

Do identity thieves get caught?

Identity thieves almost never get caught In a study done in 2006, “only 1 in 700 identity theft suspects were arrested by federal authorities (0.14%).” … It’s safe to say that identity thieves are far more likely to get away with their crimes.

What happens when your identity has been stolen?

Contacting the companies and banks where you know identity fraud occurred. Reporting the identity theft to the Federal Trade Commission (FTC). Filing a report of the identity theft with local law enforcement. Contacting the IRS, if you suspect tax-related identity theft.

How many times does identity theft happen a year?

The Federal Trade Commission estimates that as many as 9 million Americans experience some form of identity theft each year. However, that number is subject to fluctuation as both crime fighting tactics and the methods that criminals use to steal identities evolve over time.

What age group is most commonly victimized by identity theft?

Identity theft is more common among kids, teens and college students than any other age group. According to a 2011 Carnegie Mellon study of more than 40,000 children, kids under age 18 were twice as likely as their parents to be victims of identity theft.

How do criminals steal your identity?

A thief can get your personal information in person or online. Here are some ways thieves might steal someone’s identity. … steal your mail or garbage to get your account numbers or your Social Security number. trick you into sending personal information in an email.

How common is 2020 Identity?

According to the Center for Victim Research, 7-10% of the U.S. population are victims of identity fraud each year, and 21% of those experience multiple incidents of identity fraud.

Can you go to jail if someone steals your identity?

Yes, a person can go to jail for committing identity theft. … Identity theft is often the first step to bank fraud, credit fraud, or other types of crime that add up to large amounts of stolen money or property that can then be effectively prosecuted in court for greater penalties, like jail time.

What is needed to steal my identity?

How your name and address can lead to identity theft. … This can include details like Social Security number, birthdate, or name and address. Depending on what identity thieves find, they can do things like open new credit accounts, steal from existing accounts or commit other crimes using a fake identity.