Identity theft is a crime that involves stealing another persons identity and using their personal information to commit fraud. This can involve stealing credit card numbers and social security numbers and using the information to run up charges on existing accounts, open new accounts and even rent apartments, open accounts with telephone, cell phone and utility companies and take out loans. Identity theft can have financially devastating consequences for the victim. Many people don't discover that the theft has occurred until they are turned down for an auto loan, mortgage or other loan. Some people working in certain industries have a requirement for licensure that involves their credit score. Because identity theft can significantly reduce your credit rating, it is possible for it to affect your employment or future employment, unless the problem is swiftly resolved. Identity protection services are designed to help prevent and detect identity theft. There are several companies offering protection, but the programs vary widely. Identity Edge offers comprehensive services to protect your identity and detect problems with identity theft, which helps individuals avoid the financial and emotional devastation that can result from identity theft. The first line of defense is to educate consumers about identity theft and how to prevent it. Consumers need to understand the most common ways thieves are able to get personal information and use it to their advantage. Only when you understand the risks can you make different choices to ensure you don't become a victim of theft. Identity protection services are designed to prevent and detect identity theft. This is done by monitoring credit reports for evidence of fraud and investigating to determine if identity theft has occurred. The sooner the fraud is discovered, the easier it is to minimize the damage done to your credit rating. At Identity Edge, our members have access to state of the art tools to help them manage their financial information and protect their identities. Often, in the absence of identity theft prevention services, people may not learn for months or longer that the theft has occurred. Many people only discover that a crime has been committed against them when they are denied credit or contacted by a bill collector about the fraudulent accounts. When seeking identity protection services, choose a company with an expert staff of certified specialists to assist you with inquiries related to credit issues or fraud. Having an experienced professional to help you handle the issue will often result in getting the problem resolved faster and returning to good credit standing.
