<prompt> Human: I guess it was building up to this. Over the past few months I was getting random mail that I opened up a saving account at some bank like CapitalOne360. Id call and let them know I didnt open it and they would shut it down. I asked one lady from one of the banks what good is someone opening up a savings account in my name as you have to put money into it to use it. Her response was it could be used by the bad guys to move money around. I went ahead and put a fraud alert on my credit report just in case. Fast forward to this week when I get a got a letter in the mail from Golden Valley Lending that Ive defaulted on a short term loan. I call them to dispute and theyve connected me to their fraud department. Apparently someone took a 1000 loan in my name. Do those places even require a credit check? What are other things I can do to prevent this from happening?  <response>: Do those places even require a credit check? No, that would defeat the purpose of locking people who cant pay into 500 annual interest loan terms. 