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According to the Federal Trade Commission's (FTC) most recent report on credit fraud, over 10 million Americans are victimized by credit fraud and identity theft EVERY year. That's more than 1 out of every 20 adults in the country!
When your personal information falls into the wrong hands and is used fraudulently, you may not find out about it for months or even longer. In fact, most victims don't realize their identities were stolen until they try to obtain a loan or credit card, or worse when the debt collectors begin calling. According to the same FTC report over one third of all victims of identity theft reported experiencing serious problems in addition to out-of-pocket monetary losses including being harassed by collection agents, being denied new credit, being unable to use existing credit cards, being unable to obtain loans, having their utilities cut off, being subject to a criminal investigation or civil suit, having difficulties accessing their bank accounts, or even being arrested! It doesn't end there: Victims of identity theft report spending up to 55 hours fixing the problems caused by the theft of their identity. Can you really afford to not protect yourself?