Three types of loans are by far the most common in identity-theft cases:
♦ Student loans/student aid
♦ Car or boat loans
♦ Mortgages or other home loans
Here are some special considerations for each one.
Student Loans and Student Aid
An impostor may have applied for a student loan or student aid under your name and Social Security number. A bank, a private institution, or the government will have issued it, in which case you proceed as described previously.
Although some student-loan fraud is committed to get the available cash for purposes other than education, there have been cases in which impostors ...