What To Do If Your Social Security Number is Stolen

by / June 3, 2014 video 9 Comments

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Lynette Khalfani, also known as The Money Coach, is a personal finance expert, television and radio personality, and author.  She has appeared on The Oprah Winfrey Show, Dr. Phil, and The Tyra Banks Show.  Khalfani-Cox is also an award winning financial news journalist who has been featured in The Wall Street Journal, Washington Post, USA Today, and The New York Times.

She has also appeared as a guest commentator on CNN, FOX Business Network and MSNBC.  Much of her advice comes from her real world experiences, one of which was being able to eliminate $100,000 worth of credit card debt in three years time.  The book she wrote about this experience Zero Debt: The Ultimate Guide to Financial Freedom became a New York Times best seller.

She has also written five other finance books for adults and co-authored a money-management book for young people.  Khalfani also reaches young people by teaching underprivileged teens financial literacy through the New York city based non profit WorldofMoney.org,

In the following video, Khalfani-Cox addresses the issue of identity theft, specifically what to do when one’s social security number is stolen.  Identity theft affects thousands of people every year and generates billions of dollars for thieves.  The ever increasing amount of data that is stored online makes even more people vulnerable. Experts estimate that once a person’s identity is stolen, a victim spends around 330 hours resolving the problem.  The time and effort needed to resolve identity theft once it occurs can be overwhelming and intimidating.

Figuring out what to do first can seem like a daunting task, but Khalfani-Cox directly addresses the steps that need to be taken to minimize damage and begin to quickly and effectively deal with the situation.  To learn more, check out the video below.

Read more on this topic and many others on her blog http://askthemoneycoach.com/2011/04/l…

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