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Correlation Between Being In Debt and Becoming An ID Theft Victim

Posted on Jun 12, 2007 by Michelle Pastor

Do you know that the more in debt you are, the more likely you are to become an identity theft victim.  That’s because when you’re in debt and sinking quickly, you are more likely to chase financing deals in a sometimes desperate attempt to get more credit.  Unfortunately, you are more likely to end up giving your information to an identity thief that is acting as a lender, just because he promises to grant you credit.

That’s reason enough to take control of your finances and seek help if you need it.  For free financial counseling help, check with your employee assistance program at work.  Another option is to call Consumer Credit Counseling Services for a debt management plan.