Credit repair can solve identity theft problems

Technological innovations have opened the door to many convenient ways for consumers to make payments. However, some of these same advancements have led to new cases of identity theft and credit repair needs.

Identity theft can lead many to seek credit score help, as credit card thieves often use a consumer's information to make thousands of dollars worth of unauthorized purchases.

According to recent reports, criminals can now purchase the necessary equipment to forge a credit card for as little as $500 to $1,000. In addition, many stolen credit card identities are available for less than $20 on the Internet, The New York Daily News reports.

"The purchasing of the equipment needed is readily available and not that difficult to learn how to do," Manhattan District Attorney Cy Vance told the report. "You don't need to buy it from a black market."

However, consumers who wish to protect their finances can check their credit reports frequently for signs of theft. Those who find an unauthorized purchase should quickly contact a credit lawyer, as he or she can help clear up this fraudulent information.