Comment Are the financial institutions really at fault? (Score 2, Insightful) 533
First, credit card fraud or theft is not the same thing as identity theft, (even though the credit card banks have tried to spin it that way.)
True identity theft is when somebody opens new accounts using your identity, obtained using surreptitious means.
Now having said that, isn't the fault really with the credit issuers for making it too simple for credit to be obtained fraudulently? Why should it fall back on the poor, unsuspecting consumer, when the credit issuers are really to blame?
