It's when someone uses your identity to get cash or buy products using your credit, or tries accessing your financial accounts
Hey dad, what is identity theft?
OH NO!! Why would anyone do that to someone?!? How can individuals protect themselves?
Well honey , you should protect your social security number, shred documents that have your personal information before throwing it away. You never want to give out you information over the phone or internet unless you know who you are giving your information to.
They should call financial institutions to alert them of the problem and request that the account is locked or closed
Well what should someone do if they are a victim of identity theft?
That is good to know. Thank you for informing me on this stuff dad.
There are 3 credit reporting agencies that you can contact. There is Experian, Equifax, and Thran Union,