All and all, illegal immigrants are bad for United States of America. A considerable number of Illegals prey on “black market” social security numbers to get a job, cellular phone and some credit cards.
According to the Immigration Reform Law Institute from 2012 to 2016 there were “39 million instances where names and Social Security numbers on W-2 tax forms did not match the corresponding Social Security records.”
The ethnic community that is the most impacted by stolen identity from illegal immigrants is the Hispanic American Community itself. A good example is an Cuban American client of mine: My Cuban American client is a hard working small business owner, his identity was stolen by an illegal immigrant. The credit report derogatories on his credit report were a small credit card line, credit card charge off, a collection account for a credit card and three cellular phone collection accounts that were applied to his credit report without his knowledge. My hard working Cuban American business owner was an easy target because of his common Hispanic first name and common Hispanic surname. After reviewing his credit, my client enrolled in a credit freeze and purchased a monthly subscription for credit monitoring immediately.
Other Ethnic Communities
Illegal immigrants also impact other ethnic communities that are American citizens or legal permanent resident aliens with ethnic first or last names or both. Another example: A client of mine has a Greek descent last name, his identity was stolen by an illegal immigrant. Again, a cellular phone and one credit card.
Sophisticated Theft vs Illegal Immigrant Identity Theft
A sophisticated identity theft would cost the consumer more derogatory credit reporting than just two or three items that were charged off or in collection. A sophisticated identity theft usually does not involve collection charge offs for a cellular phone. Past due cellular phone collections and small credit cards balances that were charged off are typical indicators of credit identity theft executed by an illegal immigrant.
Other Targeted Groups
Children and teenagers are known to be well targets by illegal immigrants. In the black market sale of social security numbers, children and teenagers are unaware their social security numbers are used for employment , credit card defaults and other consumer lending defaults. Once more, a credit freeze is suffice for your child or teenager until they reach the age of 18.
Ask yourself this question: If considerable amount of illegals are breaking the law when entering this country, what makes you think majority of them will follow the common laws and regulations of the United States of America? Not saying all illegals are criminals, there are bad apples in every category.
For more information on how we can help you with your identity theft or personal credit in Florida, South Florida and Southwest Florida please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.