takeover – When
an identity thief uses your personal information to convince
a financial institution to give him or her full control of your
of factual innocence – A legal document issued
by a court, stating that you’re innocent. You may need one
of these if you’ve been wrongfully arrested as a result
of identity theft.
of forgery – A
legal document that states that a certain signature is not yours,
but a forgery.
washing – A
method identity thieves use to commit check fraud. They dip a
check in acetone, which washes the ink off so they can write
it for a higher amount.
repair agency – A company that offers “cleanup” services
to remove accurate information from your credit report. Often
illegal and expensive, they are sometimes called credit clinics.
reporting agency (CRA) – Commonly known as credit
bureaus, they keep track of credit records, and issue credit reports
to those who have a legitimate reason for accessing your credit
stop (driver license stop) – A DL stop is a system that
puts a flag on your driver license in the Department of Motor Vehicle’s
database, to show that your license has been lost or stolen.
alert – A
fraud alert is put on your credit report at the CRAs if you become
an identity theft victim. It lets potential creditors know that
someone may be trying to obtain new credit in your name, so the
process will be very closely scrutinized.
purposes – Guidelines set out in the FCRA that
outline the allowable reasons for requesting a copy of a credit
report. One of those reasons is if you’re a victim of identity
credit card number – When all the digits of your
credit or debit card number, except for the last four or five,
are “x’d” out on a receipt or other document.
This is done to protect you from identity theft.
Victim’s statement – A
statement that is attached to your credit report when you think
you may be a victim of identity theft. It asks creditors to contact
you before opening any new credit accounts, or making any changes
to existing ones.