What do identity thieves do with your information? What should victims expect?

What do identity thieves do with your information?

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What should victims expect?

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@WalletHub • 12/08/16 This answer was first published on 12/08/16. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Identity thieves usually use your information to commit fraud or other crimes, typically for economic gain. The crimes that an identity thief is able to commit with your personal information range from applying for a credit card under your name to poaching your tax refund.

As soon as you realize that you are a victim of a fraud, you should contact the necessary agencies. You can find a complete guide here.

Your free WalletHub account will provide access to our 24/7 credit monitoring service, meaning you will get timely alerts related to any significant changes on your report (such as new inquiries, new accounts, etc.) in order to help you prevent becoming a victim of identity theft.

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