Identity theft can cause big problems for consumers. If you become a victim, you will spend a large amount of time closing compromised accounts, opening new accounts and fixing credit records. There can be out-of-pocket expenses related to clearing your name. You could be denied loans and jobs because of identity theft.
Tax season may just be getting started, but tax scammers have been hard at work. In fact, the Federal Trade Commission has gotten thousands of complaints about one kind of scammer in particular – IRS imposters.
I hope you have checked to see if your information was stolen in the Equifax security breach. If not, go to www.equifaxsecurity2017.com. The tab for potential impact is where you initially check your status. Be aware that you enter the last six digits of your Social Security number.
If you look at your credit score from your credit card company, you think this is your “real” credit score. Whether you paid for your score or not, the score is probably different from what a lender would get.