Comment Re:These hacks wouldn't matter... (Score 1) 181
Perhaps you don't understand how easy credit is to get in the United States.
In my 20s I had income of under $13k, but credit lines totaling $110k. My mother in her 70s and income under $10k got a $15k line on a credit card.
Now imagine the damage an identity thief would do to a person making under $20k, by simply getting 4x cards $5k apiece. Or imagine the long term con, where initially the thief pays off the debt to build better credit so they can steal larger amounts.
In my 20s I had income of under $13k, but credit lines totaling $110k. My mother in her 70s and income under $10k got a $15k line on a credit card.
Now imagine the damage an identity thief would do to a person making under $20k, by simply getting 4x cards $5k apiece. Or imagine the long term con, where initially the thief pays off the debt to build better credit so they can steal larger amounts.