Which of these statements best describes the reason identity theft is such a huge concern?

Which consequences can victims of identity theft face?

They may face denials of loans and mortgages, and be refused employment. They may also be unable to open a bank account, and may need to spend months or years attempting to resolve economic mistakes and issues. Identity theft can also have potentially life-threatening consequences.

What is the most common method used to steal your identity quizlet?

The most common way an identity thief can acquire information from a person is from stealing their purse or wallet and an identity thief may take a person's personal information from the internet.

Which of the following is an example of traditional identity theft?

"Traditional identity theft involves the use of entirely fabricated personal information or a combination of real and fabricated information to create a new identity. "An identity thief steals a victim's credit card and uses it to buy an expensive TV.

Who is a likely victim of identity theft quizlet?

Identity thieves target seniors because, compared to younger victims, seniors often have more available cash, check their credit reports less frequently, and are less aware of identity theft and other fraud.