Quick Payday Loan

Quick Payday Loan

Quick Payday Loans

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Problems You Can Encounter

My wallet was stolen in December 1998. There’s been no end to the problems I’ve faced since then. The thieves used my identity to write checks, use a debit card, open a bank account with a line of credit, open credit accounts with several stores, obtain cell phones and run up huge bills, print fraudulent checks on a personal computer bearing my name, and more. I’ve spent the last two years trying to repair my credit report (a very frustrating process) and have suffered the ill effects of having a marred credit history. I’ve recently been denied a student loan because of inaccurate information on my credit report.
From a consumer complaint to the FTC, February 22, 2001

I’m tired of the hours I’ve spent on the phone and all the faxing I’ve had to do. When will it be over?
From a consumer complaint to the FTC, March 13, 2001

Tomorrow is Sunday so we won’t get any notices, but I’m not looking forward to Monday’s mail.
From a consumer complaint to the FTC, November 13, 2001

How can someone commit identity theft?

The Federal Trade Commission explains how identity theft is committed: By co-opting your name, Social Security number, credit card number, or some other piece of your personal information for their own use. In short, identity theft occurs when someone appropriates your personal information without your knowledge to commit fraud or theft.

Once identity theft is committed, then what? Once identity thieves fake your identity, they:

  • Open a new credit card account, using your name, date of birth, and Social Security number. When they use the credit card and don’t pay the bills, the delinquent account is reported on your credit report.
  • Call your credit card issuer and, pretending to be you, change the mailing address on your credit card account. Then, your impostor runs up charges on your account. Because your bills are being sent to the new address, you may not immediately realize there's a problem.
  • Establish cellular phone service in your name.
  • Open a bank account in your name and write bad checks on that account.

More information is available here about:

Back to the main page of Identity Theft


Identity Theft
Merchant Service Provider
States Identity Theft Homeowner Insurance
Indentity Theft
How It's Done Identity Theft
Identity Theft Used My Debit Card Checking Account
Prevent Security Theft
Loan Broker Identity Theft
Suggestions For Credit Card Fraud Victims
Stealing Mail

Copyright © 2004-2010 Robert Sherman