If you think
- April 29th, 2010
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If you think this doesn’t happen, think again. It really does happen and it is happening more and more frequently.
If your identity is stolen will it affect more than your credit report?
Your credit standing is one of your most important financial assets. It not only affects your ability to get credit, it often dictates the interest rate at which you can borrow. It can also affect your ability to purchase insurance or to find employment. Some insurance companies use your credit score to set your premium rates and some prospective employers use your credit rating to gauge your sense of responsibility. This can be very devastating to find that your identity has been stolen when you are trying to find a job because you are already in a bind and you don’t need one more headache.
There are several companies offering products to help your protect your identity. If you use one of these companies be sure that they cover your social security number and that they do more than provide a fraud packet to you if your identity is stolen.
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