Thursday, October 28, 2004

Lifetimetv.com: Movies - Identity Theft. The movie is based on the true
story of one woman and her identity theft nightmare.

Stanford Federal Credit Union and Identity Theft 911 Pioneer Blanket Identity Theft Coverage Using Innovative Retainer-Based Solution: "SAN FRANCISCO, Oct. 28 /PRNewswire/ -- Stanford Federal Credit Union (SFCU) will provide the nation's premier identity theft services for its entire membership through Identity Theft 911's new retainer-based RB421 program, SFCU and Identity Theft 911 announced today. SFCU is the first financial institution in the country to provide identity theft victim assistance and consumer education for every one of its account holders under the innovative new program. SFCU will provide the services without cost to its members."

Smart credit union. Members should be pleased.

Wednesday, October 27, 2004

American Express ID Theft Quiz Reveals Consumers Not Fully Protecting Themselves: "Despite dramatic reports of ID theft and its victims, consumers have a lot to learn about protecting themselves from this crime, according to a new quiz from American Express released today.

The American Express ID Theft Quiz found widely-held misperceptions about what constitutes ID Theft, and only mixed attempts to keep personal information private.
Consumers, in large numbers, confuse identity theft with other crimes such as stealing credit cards from a wallet and going on a shopping spree (85%), a stolen ATM Personal Identification or PIN number (86%), or check forgery (84%), according to the quiz.

Nearly two thirds (62%) understand that their Social Security number is the most important piece of information to an identity thief. And while many say they have taken precautions (77%) to prevent their identities from being stolen, in reality many consumers are flunking when it comes to protecting their personal financial information"

American Express has a free monitoring service for their members. Victims can get a package if they are a victim.

Tuesday, October 26, 2004

Kansas City Star | 10/25/2004 | Stolen identities and lives: Kansas couple fights back: "'We also went out and bought all of the credit-monitoring products to check our credit reports,' Melody said. 'We didn't find anything amiss or wrong with any of our credit reports.'
A few months later, they found that it was indeed a big deal, on a scale hard to believe: For the past 15 years, someone in Southern California had been using Steven's Social Security number to find work, secure loans and rack up hundreds of thousands of dollars in debt. Although those loans were being paid, the massive debt wrecked the Milletts' credit rating, severely impairing their efforts to secure a mortgage for their home."

Victims need to check ALL related personal information databases.

Monday, October 25, 2004

The New York Times > Business > Your Money > Identity Theft Is Epidemic. Can It Be Stopped?: "'Ultimately, victims don't have to pay debts incurred by another person, but that's not the point,' said Bridget J. Thomas, a homemaker in Prairieville, La., who spent months repairing her credit history in 2002 after a thief appropriated her identity to snare about $65,000 in loans. 'It's the sleepless nights, and the time, and the stress you have to go through to clean up your record that really hurts victims.'"

Great article about ID Theft. Very comprehensive.

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