The Federal Trade Commission estimates that
victims of identity theft spend an average of 175 hours trying to clear their names.
Credit Force estimates that
victims of identity theft spend up to 600 hours or more struggling to retain their stolen identities.
Not exact matches
While some
identity theft victims can resolve their problems quickly, others
spend hundreds
of dollars and many days repairing damage to their good name and credit record.
Statistics show that the typical
victim of identity theft will
spend 30 hours and $ 500 clearing their name and credit.
According to the Federal Trade Commission, the average
victim spends less than $ 1,500 to recover from
identity theft so it important to do the math and determine if your insurance premium plus deductible is a good value as well as provides the type
of protection that you need for your credit and
identity.
According to The Privacy Rights Clearinghouse, it is estimated that
victims spend on the average the equivalent
of 22 work days trying to correct the damage from
identity theft, so this may or may not be
of benefit to you, depending on what your hourly / daily wage is.