Consumers Question ID Theft Accountability
Despite the multitude of cautionary tales, identity theft remains a real problem for millions of Americans, and government has been slow to react. Although consumers can take steps to protect themselves, victims argue that banks and businesses that extend credit should be more accountable. As the Kansas City Star reports, "experts say a major reason for the surge in identity theft is that
more businesses have made credit easier to get. The Internet makes purchases possible without a photo or even a signature. Many stores now offer instant credit." As a result, consumers are easy targets for identity theft, and they are left cleaning up the mess.
Costs of ID theft persist; Victims struggle to repair credit
The Kansas City Star, September 14, 2003