The Federal Trade Commission released the results of a survey this week outlining the experiences of identity theft victims who called consumer reporting agencies to report the incident.
http://liarcatchers.com/identity_theft_investigation.html
The FTC report found that prior to calling a consumer-reporting agency, less than half of survey responders were aware of the majority of their rights under the Fair Credit Reporting Act as amended by the Fair and Accurate Credit Transactions Act.
The FCRA and FACT protect your rights if you are a victim if ID theft by enabling you to put fraud alerts on your credit report with the consumer reporting agencies, get a free credit report from the three national consumer reporting agencies when placing a fraud alert, block fraudulent information from appearing in your credit report, and receive a notice of these and other rights from the consumer reporting agencies.
The FTC report also found that some complained about feeling pressured to buy additional ID theft monitoring products. We’ve said before that you don’t necessarily have to pay good money in order to protect yourself against ID theft.
