Have you ever heard of an "honest" thief? If there is such a person, he got about $50,000 using somebody else's information. But, the twist here -- the perpetrator is making payments.
It's not your typical identity theft complaint. But it shows that what you don't know can be devastating.
Jarry Wilson was house hunting and denied a mortgage loan when the bank checked his credit and found several open accounts.
Jarry read his credit report in disbelief and says he's a victim of identity theft. He says someone used his name and credit to go to college.
"This is my name, Jarry Wilson, but who's doing it? I didn't take this loan out," he said.
His credit report lists several student loans as far back as 2009. That's when the first payment was made. There's a $12,700 and $6,000 student loan, all showing payment deferred...and others with a current status and consistent history of paying on time.
The scariest part of being a fraud victim, Jarry says, is waiting for the other shoe to drop.
"They're paying now, but if they stop, that's it. My credit is shot. $52,000 ain't no joke," Jarry said.
The widower and father of two makes a living as a bus driver. The high debt is stopping him from buying a home until the inaccuracies are corrected.
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