First, your social security number isn't magic, but if you know how, when, an where to use another person`s number, you`ll be able to take their identity, and single handedly destroy someone`s life. Private detective Randy Barnhart tells how simple it can be to obtain a line of credit in someone else's name, if you know how to do it. If someone has access to your social security number, all they need to do is write a single page credit application using the SSN that they`d stolen and hand it to a cashier that`s at least 18 years of age. The cashier puts the SSN into the system and a line of credit is issued. Given your credit rating, the line of credit can be anywhere from $1000 to $100,000. Most of the time the cashier will give them a temporary shopping pass with a limited amount they can use right away. If they have access to more than one identity, the thief can open multiple accounts, maximizing the credit line. …show more content…
It's not something retailers like to do though, as they make a large profit from providing people with a credit lin. That is one of many possible problems that may occur from identity theft, but much more can occur. Your identity is useful to many different people for a variety of reasons. You may be targeted because an illegal immigrant wants legal employment or health care. Paying attention to your credit report doesn`t cut it. You have to keep a close eye on everything little detail if you want to stay safe from identity