What do identity thieves do with the information they steal?

Stealing your personal information is every identity thief’s objective, and for the goal of financial gain at your loss. Thieves steal personal information from wallets, purses, and computers, or through the Internet in a variety of ways (but ways that can be stopped with safe computing). read more

To avoid being caught (or even noticed, really) identity thieves need only distribute their fraud across many merchants and ensure that no single merchant is defrauded by more than a few hundred dollars. Finally, if an identity thief has enough information to open a credit card in your name, then can and will do exactly that. read more