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Financial Identity Theft
Financial identity theft is when thieves use stolen credit to make fraudulent purchases. Thieves also use stolen bank account numbers, debit card numbers, or other personal and financial information to wipe out accounts, take out loans and/or get credit cards.
You can seek assistance from your financial institutions and top identity theft protection services to prevent such occurrences. You will be able to track credit card purchases routinely and receive notifications of potential suspicious purchases. You can monitor your financial accounts and access various safeguards for increased security.