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The identity theft victim's creditworthiness, and consequently the ability to make business loan payments in a timely manner, can be adversely affected. If the lending bank "deems itself insecure," the loan may be accelerated. What if the bank can no longer be sure whose credit or guarantee is one the line?

If your credit lines were suddenly called, would you have the cash to simply pay them off? What see more of identity theft that can result in this situation? The following examples are illustrative, not exhaustive.

Lost work time and earnings — according to the FTC, the average victim of identity theft spends hours in restoring his or her identity. Inability to get a clean audit and accurate credit report to support other financial needs, such as liquidity for a small business owned by the borrower; other lenders casino tropez iphone deem themselves insecure and cause a cross-default situation.

Adverse action by the IRS based read article employment being gained by casino tropez iphone individual using the business owner's name and Social Security number; casino tropez iphone, the other individual is a felon or otherwise unable to gain employment; the bogus W-2 is issued in the name of the victim, causing tax payment deficiencies.

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