Identity theft is a crime of fraud and another potential item that can drive your credit score down. A criminal will take your idenity information and commit crimes of fraud. There are many ways to commit identity theft being it by using your Social Security Number, your credit card or your name in general. They will pose as you and purchase items on your behalf.
Identity theft is becoming more and more common. It is even possible that you or someone you know may be a victim of it. So it is important to review your credit because you may not even know that you have been a victim of the crime. Identity theft can be very damaging to your credit and credit score so it is important to try and prevent it at all cost. But if you do fall victim to the crime then it is up to you to fix it. Because if these purchases are not disputed you may be denied of future loans, housing or cars.
