According to a recent survey, more than 12 million consumers were victims of identity theft in 2013. Identity theft causes substantial costs to consumers and businesses, both in terms of money and time lost. The Fair Credit Reporting Act provides you with a number of rights if you believe that you are the victim of identity theft.
Your Rights Under the Fair Credit Reporting Act
Your rights include the ability to place fraud alerts in your file, the right to access information about the theft, and the ability to block fraudulent information resulting from identity theft information in your credit report.
Generally, you are in the best position to handle the initial steps of managing an identity theft problem. The Federal Trade Commission provides helpful information about the steps to take if you believe your identity has been stolen:
Oftentimes, however, these procedures can be confusing and difficult. If you suspect that your identity has been stolen, the FCRA attorneys at Weiner & Sand LLC can help walk you through the steps of repairing a stolen identity.