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Article: Stolen identity: it can ruin your credit. And that's just the beginning. (includes related information sources)
- Article from:
- U.S. News & World Report
- Article date:
- June 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 All rights reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When Jessica Grant and her husband went to the bank in December to refinance their home, they thought it would be routine. After all, the couple, who live in Sun Prairie, Wis., were refinancing with their existing mortgage lender, and they prided themselves on their credit history. So it was quite a shock when the bank officer turned them down, pointing to their credit report, which listed numerous accounts in arrears.
It turns out that a woman in Texas had applied for credit 19 times using Grant's name and Social Security number. In all, she had made purchases total- ing $60,000, leaving a trail of unpaid debt that Grant is desperately trying to prove is not hers: a ...