THE REAL CREDIT TALK SHOW

Episode 10 — Identity Theft and Credit Fraud: What Actually Happens and What to Do

Hosted by Tiana Mayers (Lady T)

Identity theft is one of the most misunderstood issues in consumer credit. Many people assume it only happens when someone steals a credit card or hacks a bank account. In reality, identity theft can impact credit reports, loan applications, collections, employment screenings, tax filings, and even medical records. Fraudsters may use stolen personal information to open accounts, obtain loans, access existing accounts, or create synthetic identities using a combination of real and fake information.

In this episode, we break down what identity theft and credit fraud actually are, how they happen, and what warning signs consumers should never ignore. We discuss the different types of fra ...