Living in a country that uses credit all the time can be very difficult. You know that you're a consumer that aims to retain that financial credibility every time you go through a transaction. But in this day and age, it seems that you're always at risk of losing everything you have every single time you use your credit card or bring your wallet with you.

It's like living in a jungle that has blood-thirsty predators lurking in each corner. Identity thieves are the vicious criminals that always stalk your every move. They always hope you'll be able to miss a step and fall into their hands. Identity fraud is a crime that doesn't choose its victims. Those affected by ssn identity theft could be living or dead, even a child or the elderly. It doesn't matter as long as you have an SSN.

If things happen beyond your control and you lose your social security card, always keep your guard up because id theft with the use of your SS card could definitely happen to you. You should immediately report your lost social security card. This is the best way to keep identity thieves from doing more damage to your financial reputation.

How Your SSN Makes Identity Theft Successful

Everyone has a social security card. It is known as the key to your world because it has every bit of information that you need to have a credit card account, a loan, a mortgage and health insurance, among other things.

The moment an identity thief makes use of your SSN, your credit record and even your police record will be affected. Anything can be done with your SSN which they can use to get your full personal information. There are many examples that depict ways how your SSN can be used to steal from you.

One example is getting Medicare assistance. Anyone could simply assume your identity with the information they stole from you and have their medical checkups and medications covered. This could be very devastating for the real owners of the Medicare assistance.

Another example would be applying for loans such as personal loans, car loans and home loans. If it just happens that you have good credit, the identity thief's loan application would be approved. Of course, the thief won't pay for that every month€"you will.

Credit card accounts could also be opened under your name. Purchases could be made through your name and you will be paying for them. If you don't refute the unauthorized purchases, your credit report will be damaged for a very long time.

The worst case would be that the identity thief does something illegal and presents your SSN number and name upon arrest. Your clean police record will then be tarnished.

Many people delve into identity fraud just to make it financially. Dead people could be victims. Their social security numbers could easily be purchased for as low as $10. Children's SSNs are being used by their own parents just to apply for loans and new credit. Identity thieves have also learned how to reroute the SS benefits of the disabled and the elderly to their debit cards and established bank accounts.