Identity Theft is Becoming One Fastest Growing Crimes
Identity theft is growing faster than any other crime, according several government agencies.
How Does Identity Theft Affect Me?
1 out of every 6 adults will be affected by identity theft.
Growing Technology Accelerates Crime
Social Media and the Internet continue to grow. By the year 2020 we will have over 50 Billion devices in the world that can hack identity being used worldwide. That will be roughly 10 times the entire population of 5 Billion in the entire world we live in.
New Technology Has The Ability To Scan Checks To Phones And Transmit The Deposit Into Your Bank
One piece of equipment now used to scan in checks for deposit is a simple cell phone. Cell phones have the ability to scan the check and transmit the deposit into your bank. You are now at risk of your cell phone being hacked due to this technology.
Criminals Have The Ability To Steal Credit Card Numbers Without Having Posession Of Actual Credit Cards
There is a new, popular gadget criminals are using. While you have your wallet or purse in your possession, the criminal walks by with a scanner that has the ability to read your credit card numbers without touching them. These card scanners have the ability to read almost anywhere as long at they are in range. This type of technology is going to cause major identity theft for years to come.
Statistics on Identity Theft
In the year 2010 there were 12 million reported cases of identity theft in the United States. Now this costs US consumers 34 Billion Dollars. This drives the cost of goods up for all Consumers in the US.
What Is The Average Cost For A Credit Repair Client In Houston That Falls Victim To Identity Theft?
Identity theft will cost Houston consumers an average of $900.00 per incident in out of pocket expenses to defend against this type of fraud. The figure increases to over $225 Billion through the entire world. This does put a major strain on economies and families on a global scale.
Who Do I Contact First?
It is very important today to monitor your credit to look for items that do not belong there. Fraud needs to be handled correctly. You need to contact creditor immediately to let them know you did not authorize or have any knowledge of this transaction.
50% Of The Time Houston Consumers Do Not Realize Fraud Has Occurred Within 90 Days
Studies say that 50% of the time Houston consumers realize that fraud has occurred within ninety days. 20% of Houston consumers do not realize this has occurred after 3 years from the date of theft happening.
Credit Monitoring Services
This is unacceptable since online monitoring services are available abundantly at this time. www.mycreditkeeper.com is a reliable, inexpensive monitoring system, credit repair Houston recommends.
Time vs. Money
It can take up to 350 hrs of one persons time to navigate the waters on repairing identity theft damage. This equals to almost nine full weeks of work. If person makes $500.00 per week, this will be around $4500.00 it will cost you in lost wages to repair this damage caused by identity theft.
Should I Hire A Credit Repair Company in Houston Or Attempt Repairing My Credit Myself?
I recommend hiring a houston credit repair company or an attorney to handle this for you. The money that you will need to pay them to handle this, will be drop in a bucket compared to the lost wages that can occur if you decide to tackle this endeavor on your own.
Be Wise, Choose Your Battles
Remember time is money and this is one headache you might want to allow others to handle for you.
Identity Theft Cases Take Priority With The Credit Bureaus
The credit bureaus give identity theft high priority. Results usually come back sooner than later as there are legal consequences to the credit bureaus. The credit bureaus take identify theft very serious.
Credit Repair Houston Clients Have Had Great Sucess Following Cases Of Identity Theft
Impeccable Credit Services over the years has never had an issue with getting credit repair clients in Houston, cases addressed and cleared up, usually within 45 days.