Identity theft could prove quite costly to the victims in terms of both money and time. Even though a majority of the credit card issuers follow zero fraud liability rules, consumers could potentially end up spending dozens of hours and hundreds of dollars tackling identity theft. As per, a small or negligible percentage of identity theft cases involved any fictitious identities. Most of these cyber criminals assumed the real person’s identity after successfully accessing his name, address, date of birth, and even bank details. It is understood that over 85 percent of identity theft frauds were performed online. Remember early detection is always the right step for combatting identity theft. You must detect identity theft at the earliest possible and take remedial action at once to rule out any further damage. So let us explore some of the common tell-tale signs of identity theft. 

Mistakes on Your Credit Card or Bank Statements

Identity thieves are becoming smarter by the day. They are surely becoming nimble. They have started stealing crucial information in multiple ways. You must keep track of your accounts online regularly and always carefully note if there are any modifications, errors, or changes. Petty changes would be taking place before major ones follow. Any perceptible change could prove to be a warning signal that worse things are in store. As soon as, you notice any suspicious charges, you must at once get in touch with your credit card company or your bank seeking immediate remedial steps. Opt for a free trialof the software.

Creditors Start Harassing You

If you start getting calls regarding unpaid bills about which you seem to have no idea or issues with certain credit accounts, you have never opened, you must at once realize that identity fraud has taken place. This is the best possible time to examine your credit report and it pays to scrutinize practically your account statements.

Suspicious Bills from Unlikely Sources

You might receive a statement against a credit card that has your name on it, but you are sure you didn’t sign up for it. In this or an analogous situation, the first thing to do is to contact customer support for the issuing authority. Inform them that this is not a card you opened and that you suspect identity theft. Another thing you should check is your credit report in case it brings up any other cases of fraud.


We live in an age when identity theft is more varied and more common than ever- it really could happen to everyone. The worst part is that it could go on undetected for months on end and have severe consequences on your accounts and credit history. One way to mitigate these negative effects is to check your credit at regular intervals and inform the authorities if something looks amiss. As new threats keep coming up and the methods employed by hackers get more sophisticated, you need to stay on top of your digital security game and ensure that once your defenses are up, you go on the offensive if you are being targeted. Further, you should coordinate with the companies and credit bureaus that might have issued the accounts in your name so that they can get a clear narrative and fix your credit situation post-haste.