According to data recorded by the Identity Theft Resource Center in 2006 about 28 people in the United States became victims of identity theft every minute.
Once a person realizes they’ve become a victim and reports identity theft, it can take years to recover from the blow. Because of someone else’s criminal activity, the victim could find themselves with increased insurance costs, difficulty finding a job, being pursued by collection agencies – all of these even after it’s been proven that you were a victim of identity theft.
The FTC reports that it takes an average of 4 hours to clear your name from identity theft. In 10% of cases, victims report spending upwards of 55 hours! These identity theft statistics speak for themselves. With a little information on identity theft you can go a long way towards protecting yourself against identity theft.
