Friday, July 14, 2006

Welcome to Identity Theft Defense

The realization that identity theft was a real problem was brought to my attention when the son of a close friend went to purchase his first car. Upon applying for his car loan he was told that he had a credit problem and his loan request was turned down. This was a shock to him because as far as he knew his credit record should have been fine.

Upon further checking, he unfortunately discovered that he was a victim of identity theft. Someone using his name and personal information had transacted financial dealings in another nearby state and left a mountain of unpaid bills. He soon found that correcting the record was a major hassle. The lesson he learned was that it is better to prevent identity theft then to try and correct the record later. So with that mind, I present this information to you so that hopefully you will not become another identity theft victim.

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