Credit report - Free online credit report - Online credit report - Credit report repair - Free credit report - Credit bureau report - Consumer credit report
|
|
|
|
|
|
|
|
|
To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
|
|
|
|
|
|
|
Identity Theft Survey Report 2003 - The Costs of ID Theft. Quick Discovery.
The cost of an incident of ID Theft is significantly smaller if the misuse of the victim’s personal
information is discovered quickly. When the misuse was discovered within 5 months of its
onset, the value obtained by the thief was less than $5,000 in 82 percent of cases (including all
forms of ID Theft). When victims took 6 months or more to discover that their information was
being misused, the thief obtained $5,000 or more in 44 percent of cases.
The costs to the victim – both in terms of out-of-pocket expense and in time spent resolving
problems – are also substantially smaller if the misuse is discovered quickly. No out-of-pocket
expenses were incurred by 67 percent of those who discovered the misuse of their personal
information within 5 months of the time the misuse began. Where it took 6 months or more to
discover the misuse, only 40 percent of victims incurred no out-of-pocket expenses.
New accounts were opened in less than 10 percent of cases when it took victims less than a
month to discover that their information was being misused. New accounts were opened in 45
percent of cases when 6 months or more elapsed before the misuse was discovered. At least
in part, this result may reflect the fact that quickly discovering that a new account has been
created in a person’s name may be more difficult than discovering that an existing account is
being misused. It may also suggest the likelihood that quick discovery reduces the risk that
new accounts will be opened.
In terms of the amount of time spent resolving problems, 76 percent of victims who discovered
the misuse of their information within one month spent fewer than 10 hours resolving their
problems, while in only 20 percent of cases where it took more than 6 months to discover the
misuse were victims able to resolve all of their problems in less than 10 hours.
|
|
|
|
|
|
Return to all Credit Report legal information
Legal Articles about Credit Report
Credit Report Frequently Asked Questions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Thanks for the quick service! I am very impressed with the speed and
quality of your products and service. My husband is stationed in San
Antonio, TX and I am trying to move us from NC to TX by myself- this
power of attorney helped tremendously with so little complication!
Thanks again!
Kimberly S., TX
|
|
|
|
|
|
|
|
| |
Thank you so much. I appreciate your service and will continue to do business.
Didi S, NC
|
|
|
|
|
|
|
|
| |
In a minite I got the power of attorney I need. Incredible website. Will use again.
Nicolas G., PA
|
|
|
|
|
|
|
|
| |
Thanks for your prompt responce. Did not even expect you to be that quick and attentive. Your customer service is superb.
George A., NY
|
|
|
|
|
|
|
|
| |
Thank you for your service, you just earned a customer for life.
Ms. Dove, OR
|
|
|
|
|
|
|
|
|
|
|
|
|
