Answer to Question 1
Answer: Students should list at least three of the following:
Place a fraud alert on credit reports and request copies of reports to review.
Close accounts that were misused or set up fraudulently.
Fill out dispute forms so the fraudulent debts won't be held against you.
File a police report to document the crime.
Visit the website of the Federal Trade Commission to learn more guidelines.
Answer to Question 2
Answer: Identity theft has grown with the rising use of credit cards, computers, and online banking. It is a problem because it is so widespread and has great economic and personal effects, including billions of dollars in monetary losses and damage to individual credit ratings. Medical account theft can affect a person's health care records and treatments.