General Identity Theft Statistics Revealed
Keywords: identity theft statistics, identity theft on the internet- statistics, worldwide identity theft stat
The number of identity theft cases has been increasing to this day. In fact, according to statistics, the Federal Trade Commission reported that for 4 continuous years, this crime has been on the top of the list of the consumer complains.
It has been assumed that this problem mounted to over 42 percent of the complaints that has lodged in the FTC Consumer Database in the year 2004 and has increased for about 40 percent in the year 2002.
According to the FTC statistics, there are approximately 10 million consumers, mostly American have discovered that their personal information have been intentionally used to open up a fraudulent bank account, utility accounts and credit card.
The worst is that their personal information have been wrongfully used to commit serious crimes with their names.In the FTC identity theft statistics, there had been more than 50 percent of the theft victims of accounts such as credit cards and other fraud accounts.
Mostly, new credit cards have been used for fraud activities. This happens when a thief opens up new accounts using other people names. This theft statistics have estimated that this have victimized over 3.23 million people in the world. this big number is continuously increasing in number.
Statistics have shown that it has cost nearly $53 billion for both existing and new accounts. This is a large number includes individual and business victims in a year. No wonder why this big number increases every year and is very hard to cease.
To be specific, this theft statistics have shown that 47.5 billion people have been victims of identity theft. The individual victims are counted to have $500 per victim in a year.
According to the news, most Americans have spent about 300 million hours in resolving the arising issue which is related to identity crime cases. It has been estimated that in every 30 to 60 hours a victim handles various matters, which are related to cases of stolen identity which includes creating an account or using existing accounts.
These problems have proven that the people who have been victimized by identity theft know the thieves who have stolen their precious and unique names and identity. To avoid this from happening, you should not share important information so that other people cannot access your accounts in any way. Make sure that the people you share important information with can be trusted.
People whom you think cannot do this crime to you are the ones who have the strong will to do it. Make sure that they will not have any idea on how to restore such important information. Someone very close to you can be a suspect. Anyone around you can be suspect and they choose no one so you need to be very careful.
Statistics have shown that it starts in the workplace. You might not know it but they could be your officemates, co-worker, employee that you are patronizing.
Most identities of employees have been stolen because of their connections to companies that are not handled carefully. Sometimes, your boss can even be the suspect. He can have access to the personal information, which he can retrieve upon application.
This crime have shown that in the year 2004, the complaints have been up for about 15 percent which was from the year 2003.
In the last five years, it has been reported by the Identity Theft Statistics that more than 25 million people have been victims of the case. It is no wonder that until now, the number of cases is still extremely high and rising. Most Americans have experienced identity theft.
Identity theft was on the top of the complaints in the year 2004 and is still getting higher. The identity theft victims naturally spend 175 hours to use for their personal time and about $800 just to clear their names and restore their credit history.
The Federal Trade Commission have estimated that a victim will spend 14-16 months of clearing their names in cases of identity theft. So it is important that you keep your accounts safe because if you are a victim, you cannot fix your credit easily and it will take too long.
Simply knowing what you read in this article isn’t enough. You have to put it into action to be successful. To learn how to do exactly that - and to learn more about Willie DeJarnette, you will want to visit Willie DeJarnette’s website at the following URL : identity-theft1.articletip.com
Previous Articles Highlighter:
College Is Expensive -- Here Are 3 Ways To Make It Work (1)
And, finally, make sure your children go to college to learn skills with which they can make a living, or at least to learn thinking skills and disciplines they won't learn elsewhere.
How To Find Real Estate Leads For Agents (2)
Don't let that be you - anymore. Another thing to learn from this article is that one lead can multiply into 3 to 4 different income generating opportunities. So, no matter how insignificant a client might appear to be treat them all equally well.
Penny Stocks Can Make You Money (3)
The OTC (Over-The-Counter) Bulletin Board is similar to the Pink Sheets. This exchange consists of relatively young companies either with no sales or a small amount of sales. Companies listed on it are sometimes fully reporting (meaning that they reveal how many shares they have outstanding and what their balance sheet looks like).
Should You Invest In 529 College Savings Plans? (4)
Speaking of taxes, the 529 College Savings Plans are free from all kinds of federal taxes, and even state taxes are not levied in most circumstances. If you are a grandparent making an investment for your grandchild through the 529 College Savings Plan, you are allowed to sign off this amount from your total estate.
Advantages Of Charitable Trusts To Businesses (5)
In addition, there are several privileges that charitable trusts have. The following is a list of these privileges: - Charitable trusts will not cease to function even if they have not been able to fulfill their initial goals.
Know The Modified Rate Of Return (MIRR) Of Your Investment (6)
For any investment you are considering, you will want to calculate the IRR and compare that IRR to the returns you could realize in other investments. The goal in investing is to have the highest IRR as possible to make sure you at least hit the break-even point in your investments.
How You Can Turn One Dollar Into Eight (7)
If your children are young, every dollar they save now could be worth $10-$12 when they retire. So take the time to teach your children about saving for the future.
The Truth About Credit Card Checks (8)
As it stands these checks incur heavy charges if they bounce, and the interest rates associated with them are also high. There is no denying that they are a brilliant innovation, but there are a few things that are going against them, this is expected to change over a period of time.
For The Best Property Investment Loan, Know Your Ratios (9)
It is simply the total debt on the property in comparison with the property's current market value. If you own a home which has a current market value at $100,000 and a mortgage of $80,000, then your LTV would be 80%.
Successful Commercial Property Analysis (10)
Just as there can be tax incentives to buying commercial property in a particular area, the same can be said for financing options. Many commercial lenders have programs which fit a variety of different business and community needs.
Use An Investment Property Calculator To Evaluate Properties (11)
But, in this scenario you can run the calculator again and re-evaluate the numbers it gives you. Many mortgage calculators also do not take into consideration many of the important tax issues you will be faced with.
Need A Student Loan? Three Kinds Of Student Loan For You (12)
Unlike other student loans, the Signature Loan rewards student applicants who have a good credit rating. Those applicants can get a lower interest rate or a lower application fee.
Two Tips On How To Create A Win-Win Owner-Financed Real Estate Deal (13)
This can be a great opportunity for the seller and it offers some tangible benefits to the buyer, such as much lower closing costs. If you find yourself with the opportunity to finance a house you want to sell, here are a couple of things to keep in mind.
Guaranteed Approval Credit Cards For Bad Credit (14)
After some time you will become eligible for normal credit cards and receive the benefits of good credit standing. Credit Card Application for Bad Credit Before applying for bad credit credit card you should be clear on the purpose of getting it.
Investment Property Mortgage Loan Ratios (15)
The debt ratio shows the lender how much money you have personally which is not already allocated to your living expenses each month. Most commercial lenders will not lend to you if your personal debt ratio is above 25%.
Determining Commercial Property Market Value (16)
By looking at as many properties as possible, you can start to get an idea of what different properties are selling for in your local area. This gives you some leverage to point out differences and better negotiate the price you are willing to pay.
Choosing Your Motorbike Insurance Policy (17)
The most sensible criteria to use are: (i) Price (obviously!) (ii) What benefits are included (iii) How they came across when you spoke to them? How experienced/professional did they come across and what sort of attitude did they have?
Commodity Trading - Trading Silver (18)
Visit www.123onlinetrading.com to find more great information about online commodity trading. Besides a large selection of free educational articles you can also find powerful books about online trading in general.
Forex Trading - Profit And Loss Calculations (19)
In other words, you made $170 on that trade. If you trade $100,000 in a currency pair with the US dollar the quote currency, a pip will be worth $10.
Forex Trading - To Avoid Failure In The Forex Market, Try These Tips (20)
Forex trading combines margin leverage and a low minimum investment amount; this can be ideal for small investors. However, in spite of its immense potential for profit, most forex traders lose their money within a year.
Newer Articles Highlighter:
Saving Money Can Be Enjoyable For Those In Texas (1)
Managing money might seem to be a chore to some, but achieving financial success demands on taking care of the details, including those that have to do with money. Pat Carpenter writes for Precedent Insurance Company.
Principles On How To Find A Good Credit Card (2)
Make an assessment regarding the future interest rates after the trial periods. It could be higher than what you expected and soon you will regret that it is much better if you get the credit card having no trial periods or whatever 0% APR offers.
How To Get Federal And Private Student Loan Forgiveness (3)
4. Peace Corp This is also an international option like the military, but without all of the weaponry. This could create up to 70% debt reduction and help you see the world through a different set of eyes.
A How To Guide For Selling Your Home Fast (4)
.. Take a close look at the lighting fixtures and also check to see if the ventilation and heating systems are functioning properly. .. Check out every door and window in your house.
Debt Consolidation Financing - The Pros And Cons Of Home Equity Loans (5)
One crucial exercise is to in reality calculate how much money you would be spending per month and over the life of the debt in one outcome versus the other, there are debt calculators readily available on-line to assist you achieve just that, often you'll have to weigh up whether you prefer to spend more dollars over the life of the debt as opposed to having a smaller monthly repayment with a higher total amount of interest, the better calculators / tools may assist you run by both strategies, changing amounts to help you weigh the pros and cons of using a home equity loan in your debt consolidation program.
Quick Sale Of Your Property Can Give You Quick Access To Cash (6)
You can Sell Your House Fast with absolutely no cost to you. www.asisnow.com will buy your home for cash Sell Your Home Fast Orlando or in 14 other major cities.
Self Employed? Health Insurance Options (7)
You can open a health care savings account to reduce the taxes. Put there some money each month and use them for medical emergencies. If finding health insurance as a self employed turns to be a hassle, try to find a group plan you can join.
Buying Real Estate The Smart Way (8)
Keywords: real estate, home, homes, buyers, Florida Do you know how to successfully navigate the current Florida real estate market? Do you know how to get the most for your money, and how to avoid unexpected costs?
Three Best Real Estate Marketing Tools In The World (9)
But list building is a slow process and typically doesn't result in quick sales. Instead, know that as you acquire names over a period of months, then years, you'll have long term prospects who'll come to trust you and your opinions and seek you out when they're ready to make real estate transactions.
Debt Consolidation Solution - Low Interest Credit Cards Are They Your Savoir Or The Enemy (10)
A reduced rate may indeed be a gain, notwithstanding lowering the rate doesn't always mean lowering the total amount, if you pay 8% on a debt of $10,000 for five years, you will pay more than paying 10% on $10,000 for two years, the cause of this is the compounding effect of interest, the total amount of interest paid in the first circumstance is $2165.60, the net interest rate overall is 21.656% when calculated as the percentage paid additionally to the principle, in the second circumstance, you pay only $1074.80 with a net interest rate of 10.748%.
Parents 'Unaware' Of Financial Pressures Of University (11)
Findings from the firm also showed that 78 per cent of student respondents viewed getting a degree as a "good investment" as it would allow them to get a better paid job.
Use Quality Photographs And MLS To Sell Your Home Fast (12)
However, you need to specifically ask for this information from your real estate agent. The MLS helps you get maximum exposure and this is what makes it valuable when trying to sell your home fast.
Loans Provided By Credit Unions (13)
They get this bargaining power through the large number of people that join the credit union each year. There is definitely power in numbers when financing a home mortgage loan through an online credit union.
How An Agent Can Help Sell Your Home Fast (14)
Advises you on the way you can represent your home aesthetically to the buyer so as to capitalize on its appeal. 4. Designs a custom made marketing plan for the sale of your home and promotes your home sale 24/7.
Retirement Benefits Do Not Fill Financial Need (15)
Persons who opt to retire before reaching full retirement age will be restricted to the amount of income they can earn before losing some of the Social Security retirement benefits to which they were qualified at the time of taking early retirement.
What Are Your Options To Pay For Your College Debt? (16)
Another step is a Pell Grant that is simply money given to you because you are in a financially low bracket. This can only work for a certain percent of people, and you have to be married and in your mid 20's or coming from a broke background.
Duties Your Asset Management Company Must Perform (17)
Let us look into the duties that an asset management company is supposed to perform: - The first and primary duty is to keep and maintain a record of all the physical assets of the client's company.
The Truth About Bad Credit Secured Loans (18)
Bad credit secured loans are the best way to raise funds for a borrower with an imperfect credit record if he wants a low interest rate and a good repayment term for the loan.
How To Select The Air Miles Credit Card You Need (19)
Also check to see if your air miles have an expiration date. Many of these will expire after a year or so, but on some cards your air miles do not ever expire.
The Art Of Hedging In Options Trading (20)
Subtract the cost of the call, $800 - $300 = $500. So that's your net profit (ignoring commissions and taxes). The difference between the exposure and the potential profit represents a kind of hedge.