Hopefully, youâ€™ll never be ensnared by the heinous crime of identity theft. If you are the victim of identity theft, however, act immediately.
Alert the credit bureaus so they can put a notice in your credit files. Notify your local police department, so that you have a record of the contact the Federal Trade Commission (877-ID-THEFT or www.ftc.gov), and seek help from the Identity Theft Resource Center (858-693-7935 or www.idtheftresource.org) in San Diego.
â€śAsk The Money Coachâ€ť is a syndicated column written by personal finance expert Lynnette Khalfani-Cox, co-founder of the free financial advice blog, AskTheMoneyCoach.com. Follow Lynnette on Twitter at @themoneycoach.