When you make the difficult decision to enter the United States armed forces, the last thing you anticipate is returning to discover that your credit score has been decimated. Unfortunately, members of the armed forces are prone to being victims of identity theft. As such, the following blog explores what you should know about these matters, including why this is and the steps you can take to protect your information while serving the country. In addition, you’ll learn the importance of working with a California identity theft victim lawyer to help you navigate these difficult matters to fight for the best possible outcome for your circumstances.
Why Are Military Members At Risk of Identity Theft?
Unfortunately, despite the fact that many are willing to make the ultimate sacrifice and serve their country are often taken advantage of by thieves.
One of the most prominent reasons that members of the military are susceptible to identity theft is that they are often overseas or otherwise unable to check their credit for extended periods of time. This means someone can continue using the personal information of another for their own personal gain without being discovered, allowing them the opportunity to open a considerable number of accounts or make many purchases. As such, by the time the servicemember is able to check their credit report or score
Another common reason that many of those serving are at an increased risk of identity theft is that often, many of these individuals are relocated. As such, when they navigate the process of moving, like setting up utilities or finding new insurance carriers, this places them at a higher risk of sensitive information being breached or leaked.
What Can I Do to Protect My Information?
If you are a member of the military, it’s imperative to understand the resources that are available to help protect your credit while serving.
One of the most important tools available is military active duty alerts. This is an alert that will appear on your credit report to prospective creditors that you are an active duty service member, and to take additional steps to confirm your identity. In general, you’ll find that these alerts will last for one full year, though you can renew the alert for the duration of your deployment. In addition, this allows you to refrain from receiving prescreened credit offers for up to two years, unless you specifically request to keep receiving them.
However, you should note that you are also eligible for free credit monitoring as provided by the three major credit bureaus. This will alert you to any changes to your credit file, thus allowing you to act quickly if you have been impacted by identity theft.
As you can see, identity theft can be incredibly impactful. That is why our firm is committed to helping you receive the best possible outcome for your circumstances. At Loker Law, APC, our team will explore all potential solutions to help you fight for the best possible outcome. Just as you have fought for our country, our firm will fight for you. Contact us today to learn more.
