3.To avoid being a victim of identity theft, it is recommended that you “SCAM” – what does this stand for? 4. Explain what one part of “SCAM” means. 5. What groups do you need to contact when you find you’re the victim of identity theft or fraud? [Hint- there are 7specific bureaus/organizations + 2 more generic companies and institutions]
6.Why was Joe Tremba confused when he received a collection letter about a past due credit card account? 7.What does it mean to be assigned to a collections agency? [Look up online]It means you have a late payment and they want to collect from you . 8. How has this identity theft affected Joe’s life? 9. What does it mean to “opt out” of credit card offers that arrive in the mail? [Look this up online]
10. How many people are victims of identity theft each year? 11.What is the average amount stolen according to the Javelin Identity Fraud Survey Report in 2010? 12. When must suspicious credit activity be reported so creditors can efficiently track fraudulent purchases? 13. What are the 3 big things you must look for when reviewing your credit report?
14.What steps should be taken when you are the victim of identity theft? 15. What is a fraud alert with the FTC?