4 Surprising Ways Identity Theft Can Hurt You

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4 Surprising Ways Identity Theft Can Hurt You
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The influx of technology and media has brought
forth novel inconveniencies for us. Identity
theft is one such modern-day malady that can hurt
you immensely. The best way to tackle such a
situation is to hire an identity theft defense
attorney. But lets first understand the scope of
ID thefts.
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Defining Identity Theft
Identity theft is the fraudulent practice of
misusing your information to obtain services or
commit criminal offenses. When such crimes are
identified, you may be penalized because your
information has connections to the offense. The
scope of identity thefts is not just limited to
money frauds, tax scams, and property scams. In
fact, it can hurt your life and prospects in the
following ways.
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Limit Your Future Job Prospects
Most companies when hiring employees do a
background check of their credit history. If your
identity is linked with a series of failed credit
lines, your prospective employer may reject your
application for reasons unrelated to your
credibility. A few states in the US curb this
practice, while many of them dont. In such
situations, it is always wise to seek legal aid.
In all of the USA, you can easily find an
identity theft attorney.
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Increase Your Insurance Rates
Many insurance companies use your credit scores
to set insurance rates. Lower credit scores can
increase your premium rates by up to 50.
Companies can reject your application right away
or hike the insurance rates without any
explanation. People victimized by such
malpractices do not even recognize such a pattern
until it is too late. As a safety measure, you
must frequently verify your credit scores.
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Generate False Tax Invoice
SSN-only ID theft happens when a perpetrator uses
your social security number to obtain services
from the government. When the individual does not
pay taxes for the services obtained, the bill
will end up in the name of the actual owner of
the SSN that is you. It will be a daunting task
for you to prove your innocence in such a
situation.
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Contact Us
Andrew L. Schwartz, P.C. 191 Roswell
Street Marietta, GA Zip Code 30060 Phone No
678-853-2500 Emailandrew_at_andrewschwartzlaw.com We
bsite https//andrewschwartzlaw.com