Think you'd know if you've been the victim of identity fraud? A new study says many students don't.
Of all demographics, students indicated the least amount of concern about fraud happening. Yet, this group is more likely than any other group to experience significant effects due to fraud. Students are also the least likely to detect identity fraud themselves. Instead, a debt collector or lender has to break the news.
What is Identity Theft?
Identity Theft is the fastest growing crime in America. Identity theft occurs when someone uses your personal information, such as name, social security number, or date of birth to make purchases, withdraw cash, set up accounts and services, and secure loans in your name without your approval.
How Can They Get Your Personal Information?
Thieves can obtain personal information from many sources, such as lost or stolen credit cards, social security card, checkbook, or health insurance card.