Which action will be least if you’ve been the victim of identity theft?

a

report the fraud to each credit bureau.

b

contact your bank and credit card companies.

c

withdraw your money from all accounts.

d

ordering your latest credit report.

The action that appeared to be the least helpful if you’ve been the victim of identity theft is ordering your latest credit report.

This implies the correct answer is D.

If you’ve been a victim of identity theft, then it is incumbent on you to report or contact one of the credit reporting companies and officially place a fraud alert on your credit report.

Identity theft is when an individual deliberately steals your information and make use of such information without your consent or permission. Identity theft has become a big business for fraudsters in the United States.  

In 2016, 15.4 million Americans were a victim of theft. Also one of the tops complains of consumers to the Federal trade commission is Identity theft.  

Identity theft can happen to an anyone regardless of how careful you are. However, there are major steps you can take if you are a victim of identity theft.

Some of the ways you can assist to stop an identity thief to further commit fraud using your details include

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KEYWORDS:

D is the correct option.

Ordering your latest credit report.

Further Explanation:

Identity theft:

Identity theft is stealing someones’ details or information and misusing the information. It is very common in the United States nowadays. People should be more careful about their information or personal details due to increasing identity frauds these days.

Orderingthe latest credit report will be least helpful if you are been a victim of identity theft.

Some of the major steps to be taken while assisting a stop to this identity theft by:

• Contact the cardholder company and placing a fraud report regarding identity theft.

• Placing a security block on the credit report.

• Cleaning up the account.

• Contact the bank and the company regarding the fraud of identity theft.

Justification for the correct and incorrect

A

Report the fraud to each credit bureau: This is an incorrect option.

This would be a good option to reportfor an individual of an identity theftfraud to each credit bureau.

B

Contact your bank and credit card companies: This is an incorrect option.

In the case of identity theft, the first step to be taken is to contact the bank and credit card companies.

C

Withdraw your money from all accounts: This is an incorrect option.

Withdrawal of the money from all the accounts is also a good option in case of identity theft.

D

Ordering your latest credit report: This is a correct option.

Ordering the latest credit report will be the least preferred option in case of identity theft.

The major step should be taken by an individual is to keep their information safe and if unfortunately, the identity theft have been recorded, credit report should be blocked first and it should be informed to the banks or the companies in order to rescue yourself.

Learn More:

1. Consumer protection law

2. Consumer protection law

3. Basic rights

Answer Details:

Grade: High School

Chapter: Business Studies

Subject: Consumer Rights

Keywords: Which action will be least helpful if you’ve been the victim of identity theft, report the fraud to each credit bureau, contact your bank and credit card companies, withdraw your money from all accounts, ordering your latest credit report.

answer; /// i believe the correct answer is first in, first out(fifo); //

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