Military personnel targeted for identity theft -, GA News Weather & Sports

Military personnel targeted for identity theft

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Young military men and women are becoming more common targets of consumer fraud and identity theft.

Military officials say service personnel are often convinced to take out unnecessary loans or open multiple credit accounts.

Having bills and accounts open in so many places because of relocation can cause people to be vulnerable to identity theft, which is often difficult to recover from.

Anybody that has had their identity stolen [knows] it can take a long time to get everything straightened out," says Carey Snipes, a Personal Financial Program Manager. "To prove to credit reporting agencies, as well as to the lender, that you're not the one that took out the loan in the first place, that in and of itself is a very distracting thing to have going on. It's very emotional."

Experts say we should all protect ourselves by checking our credit scores regularly, keeping up with accounts, and using credit sparingly.

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