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What are the effects of identity theft?

identity theft
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What are the effects of identity theft?

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The impact of identity theft can be far-reaching and long-lasting. Victims of identity theft can spend countless hours contacting creditors and other companies to erase fraudulent information in their credit files. However, even after the crime has been discovered and reported, identity thieves can construct such a tangled web of lies and deceit that it may take a victim years to completely wipe out all traces of the fraud.

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