If identity theft occurs, which is NOT one of the three steps to follow?

Prepare for the Fincert Certified Personal Financial Counselor (CPFC) Exam with flashcards and multiple-choice questions. Each question is complemented by hints and explanations. Get exam-ready today!

When identity theft occurs, it is crucial to take immediate action to address the situation effectively. The steps usually recommended include deterring the theft, detecting any unauthorized activity, and defending against further issues.

Ignoring identity theft is not an appropriate response and can lead to further financial harm and complications. Acting promptly is vital to mitigate any adverse effects from the theft, including unauthorized transactions or compromised personal information. Thus, ignoring the situation does not align with the proactive and preventive actions one should take when faced with identity theft. Therefore, recognizing that ignoring the problem is not a viable step highlights the importance of addressing identity theft through appropriate measures.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy