Catching Identity Theft Signs in Your Credit Report

Identity theft is so rampant today that you need to take steps to secure your financial information. A good place to start is to check your credit report regularly; it's one of the first places where evidence of identity theft can become apparent.

Identity thieves can use your personal information to open a credit account, having the statements sent to a different address so that you never realize there's a problem - until you apply for credit and get turned down.

Consumers are advised to check their credit reports at least once a year, paying particular attention to any credit products or accounts that they may have not authorized or requested. If they suspect identity theft, consumers should contact their financial institutions and the credit reporting agency immediately.