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You're browsing: Archived News » 2006 HSBC, Identity Theft » Article Title: Half of Identity Theft Involves Credit Cards

Here at Household - HSBC Watch we receive many complaints about HSBC which cause people to worry about identity theft. HSBC NV or HSBC RS on their credit reports cause problems, as well as HSBC’s marketing tactic which tells people their “application” cannot be approved when in fact there was no application. Here are the figures released by the government, concerning identity theft:

WASHINGTON Apr 2, 2006 - An estimated 3.6 million U.S. households or about three out of every 100 reported being victims of identity theft, according to a government study that counted misuse of someone else’s cell phone, credit card or personal information.

Of the 3.6 million victimized households, the study said, an estimated 1.7 million discovered unauthorized use of credit cards during the six-month period. That is about 48 percent of households reporting identity theft crimes and 1.5 percent of all U.S. households.

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