If you have at least a fraud watch on your credit which means creditors are supposed to call you on the number they have listed before they open new accounts, t

If you have at least a fraud watch on your credit which means creditors are supposed to call you on the number they have listed before they open new accounts, then the money is arguably worth protecting more. But if you think it's tough to convince the bank with which you have an existing relationship that you didn't make some withdrawals, imagine trying to convince a bank you've never heard of that you didn't actually approve a loan for 3 Cadillac Escalade Platinums which neither you nor the bank realize are currently in a shipping container on their way to Abu Dabi. (Nothing against Abu Dabi— I just picked a random place not under US jurisdiction where plenty of people have Escalade Platinum money.)