Identity theft is a growing concern in our digital age. Criminals can steal your sensitive information and use it to impersonate you, often leading to financial loss and damage to your credit. At O1ne Mortgage, we understand the importance of protecting your personal information. Here are some essential tips to help you detect and prevent identity theft, and how we can assist you with your mortgage service needs.

Signs of Identity Theft

By recognizing the signs of identity theft early, you can take action before significant damage occurs. Here are ten telltale signs to watch for:

1. Unrecognized Bank or Credit Card Transactions

Unauthorized transactions on your bank or credit card accounts can indicate that criminals are using your information. Regularly review your transactions to spot suspicious activity and contact your bank’s fraud department immediately if you notice anything unusual.

2. Unfamiliar Inquiries on Your Credit Report

Unfamiliar inquiries on your credit report could mean that someone has applied for credit in your name. Check your credit reports regularly and dispute any unauthorized inquiries.

3. Unexpected Bills or Statements

If you receive bills or statements for accounts you never opened, it could be a sign of identity theft. Contact the company or institution immediately to report the fraud.

4. Missing Mail

If your regular bills or statements stop arriving, it could indicate an account takeover. Follow up with the relevant company to investigate and secure your accounts.

5. Sudden Drop in Credit Score

A sudden drop in your credit score with no discernible cause could be a sign of credit fraud. Investigate the source immediately to protect your credit.

6. Denied Credit Applications

If your credit applications are denied despite a solid credit history, it could be due to fraudulent activity. Check your credit report and follow up on any unauthorized accounts or activities.

7. Rejected Tax Return

If your tax return is rejected, it could be a sign of tax fraud. Contact the IRS and complete Form 14039, Identity Theft Affidavit, to report the identity theft.

8. Debt Collectors Contacting You

If debt collectors contact you about debts you don’t owe, it could be another sign of identity theft. Investigate the nature of the debt and check your credit reports for unauthorized activity.

9. Unusual Activity on Your Social Security Account

Set up a free account with the Social Security Administration and check your Social Security Statement regularly to ensure no one is collecting your benefits without permission.

10. Data Breach Involvement

If your data is involved in a breach, take immediate steps to secure your accounts. Change passwords, enable multifactor authentication, and monitor your credit reports closely.

How Identity Thieves Get Your Information

Identity thieves use various tactics to gain access to your information, including:

• Data breaches
• Phishing
• Physical theft
• Social media
• Shoulder surfing

How to Report Identity Theft

If you suspect identity theft, follow these steps:

1. Report suspected identity theft to the Federal Trade Commission (FTC) at IdentityTheft.gov.
2. Notify your bank, credit card company, or other financial institutions immediately.
3. Place a fraud alert or security freeze on your credit reports with the three national credit bureaus (Experian, TransUnion, and Equifax).

Contact O1ne Mortgage for Your Mortgage Service Needs

At O1ne Mortgage, we prioritize your financial security. If you need assistance with mortgage services, don’t hesitate to contact us at 213-732-3074. Our team of experts is here to help you navigate the complexities of mortgages and protect your financial well-being.