If your social security number has been stolen, there is a lot of damage that could be done by the thieves. This is why you need to know the steps that you have to take to limit and fix the damage. It is important to note that fixing all of the damage done can take time and will require a fair amount of effort on your part.
Place A Fraud Alert
One of the first steps that you have to take when your social security number has been frozen is to contact the credit reporting agencies. When you contact these agencies, you will be able to have an alert placed on your credit reports. These alerts will last for 90 days and can be renewed until the problem has been resolved.
The fraud alert will place stricter guidelines for the account when an application for credit or a loan is received. This will make it harder for credit and loans to be taken out by the thieves. Additionally, when this alert is on the account, the prospective lenders will have to call you and confirm that you are the one applying for credit.
Look For Mystery Accounts
When you place an alert on your credit report, you will generally be provided with a free credit report that you should take the time to look at. You need to work through the credit report line by line and look for any mystery accounts. These accounts will be ones that you know you did not open and will need to be resolved.
While looking at this report, you should get your bank statements and credit card statements for the last few months. A stolen social security number will provide access to your money and you need to look for unauthorized charges to your account. It is very important that you pay attention to accounts that you do not regularly use.
File A Report With The Federal Trade Commission
When your social security number has been stolen and fraudulently used, you will imagine that you should contact the Social Security Administration. However, the SSA states that you should contact the FTC and use the Identity Theft website to file a report. This should be done once you know a bit more about the extent of the damage which has been done.
Report The Theft To The Police
Reporting the incident to your local police department is also recommended. Any documentation that you have regarding the theft should be taken with you. It is important to note that some creditors will require you to file a police report when your social security number is stolen as proof of this happening.
Contact The Companies Where Fraud Occurred
You will need to contact the companies where fraudulent charges were made and accounts were opened. Most large companies and major banks will have a dedicated fraud department that you can contact. It is important that you also change all of your security information and login details for these companies. To know more visit the website at https://www.application-filing-service.com/socialsecuritycard/lost-and-replacement-social-security-cards/.