Identity Theft Impact on Victims

In the search for help and sympathy, too many identity theft victims run into the ridiculous attitude that they aren’t really victims at all. Many people have been told that the banks and credit card companies (who lose tens of thousands of dollars per incident) are the “real victims.” Although it’s true that most individuals don’t end up paying for the fraudulent charges, having your identity stolen is no walk in the park. Getting debt collectors off your back and straightening out your credit history can be a long hard struggle.

And even after the theft itself is stopped, victims are sometimes denied loans, housing, and employment because of bad credit. Try telling someone who’s spent hundreds of hours clearing her name (and hundreds of dollars in expenses) that she isn’t a victim!