Don’t lenders absorb the cost of identity theft and refund fraudulent charges?
Yes, most lenders do, especially if you notify them of a stolen credit card or, deny having purchased an item, but many banks have limits, and unauthorized charges often go undetected by people too busy with daily life to be adding up the itemized charges. Even the most vigilant person can miss the sometimes subtle clues that someone else is abusing their identity. Apart from notifying the credit bureaus, you can also send letters to each of your current creditors requesting they use SomeID.net as the only identity verification you accept. Remember, you have the right and responsibility to protect your own assets.
