Are you vulnerable to identity theft if your credit card information has been stolen?

Question

If I use my credit card online and the information is stolen, am I also open to ID theft as a result of the incident??

Answer 1

Identity theft consists of various types of crimes of stealing credit card number to open accounts in the name of the victim. Nearly 15% people complain that their identities were stolen and used for reasons other than getting credit, like procuring government documents, perpetuating tax fraud, or misleading police. It is quite commonplace for the culprit to give a false name and Social Security number on being arraigned for a traffic violation.

Thieves cause the most harm when they take over your identity completely. By feigning to be you, they open new credit card accounts, avail of an auto loan, get medical treatment or rent an apartment. When the bills arrive, they fail to pay. Now those delinquencies, charge-offs, collections, repossessions, evictions, and judgments show up on your credit report, thus dramatically lowering your credit score.

Answer 2

You are open to identity theft even if you did not use your credit card online. It is very easy for someone to steal identities these days.

Answer 3

Yes, of course. The person can open other credit cards in your name. Call your credit card companies and cancel the cards. They will send new ones to you.

Make sure you frequently check your Credit Report.

Answer 4

Hi. That is just about the definition of ID theft.

Answer 5

Absolutely...you should check your credit report often to make sure there is nothing on it that you have no idea about...the sooner you catch it, the eaasier it is to have it investigated and taken off your report.

Answer 6

The answer to this question is obvious. YES!

Answer 7

yes - you should look into credit monitoring - http://www.anrdoezrs.net/click-1995821-10431593