Question: What steps should you take if you become a victim
What steps should you take if you become a victim of identity theft?
Answer to relevant QuestionsWhat are the advantages and disadvantages of using credit? 1. Should the Sampsons accept the increase in the limit on their credit card even if they do not anticipate using it? 2. Advise the Sampsons on steps that they can take to reduce their exposure to identity theft. Discuss some ways that charging large amounts on your credit cards might affect your overall financial planning. Discuss how credit cards offer incentives to use the cards. How else might credit card companies reward cardholders with excellent credit ratings? Troy has a credit card that charges 18% on outstanding balances and on cash advances. The closing date on the credit card is the first of each month. Last month Troy left a balance on his credit card of $ 200. This month ...
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