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PRESS RELEASE


FTC to Examine Identity Theft Victimís Experience

A Survey of Consumers Who Were Victimized will be Conducted


 
Washington, D.C.-- (July 2, 2008) The Federal Trade Commission plans to study the experiences of identity theft victims by conducting a survey of consumers who contacted the FTC after they were victimized.

The proposed survey will examine the remedies available to victims under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Among other things, the FACT Act gave consumers the right to place fraud alerts on their credit files if they are, or suspect they may become, victims of identity theft; block information on their credit reports that resulted from identity theft; and obtain copies of their credit reports free of charge. The survey will seek information from identity theft victims who contacted the FTC between January 1 and May 30, 2008, and will inquire about their experiences when they contacted one or more credit reporting agencies and when they sought to use their FACT Act rights. The survey results will help guide the FTCís efforts to enforce the law and educate consumers and the consumer reporting industry about their rights and duties.

The study is being carried out pursuant to a recommendation by the Presidentís Identity Theft Task Force in its Strategic Plan. Information about the Task Force is available at www.idtheft.gov.

SOURCE: Federal Trade Commission

 
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