Practical Money Skills - Identity Theft

“Identity theft”

Resource Details

When

Anytime

Where

Online

Cost

Free

Program Rating

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Description

Have you ever been a victim of identity theft? If so, you’re not alone – identity theft is an unfortunate reality that is increasingly prevalent. In 2014, 17.6 million Americans (7 percent of U.S. residents age 16 or older) were victims of identity theft. The consequences can be long-lasting and have serious repercussions. While many victims are able to deal with it quickly, some are forced to spend a month or more resolving the issues caused by identity theft. Even if the problems are resolved, the financial loss can be severe. According to the Federal Trade Commission (FTC), two-thirds of victims lose money as a direct consequence of identity theft, and a small percentage of them can lose hundreds or even thousands of dollars.

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