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Identity Theft Survey Report 2003 - Credit bureaus contacted.


· Among Identity Theft victims, 22% said they contacted at least one Credit bureau. Of those who contacted a Credit bureau, 25% contacted a single Credit Reporting agency, 12% contacted two, and 57% contacted three or more agencies. (The remaining 5% said they did not know how many Credit bureaus they contacted.)
 
· Victims were most likely to contact a Credit bureau when a loss of $5,000 or greater was involved (48% contacted one or more Credit bureaus) or where there were four or more distinct misuses of the victim’s personal information (47%).
 
· 37% of those who experienced “New Accounts & Other Frauds” Identity Theft contacted at least one Credit bureau. However, just 13% of those who had only existing credit cards misused contacted a Credit bureau.
 
· The greater the values associated with the case of Identity Theft, the more likely the victim was to contact a Credit bureau. In cases involving losses of less than $1,000, 15% made contact, compared to 21% in thefts involving $1,000 - $5,000, and 48% when the amount lost was $5,000 or greater.
 
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Basic rights under The Fair Credit Reporting Act
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Credit Scoring and the Lending Industry
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