10 Tips To Reduce Your Exposure And Prevent Identity Theft
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The article "10 Tips To Reduce Your Exposure And Prevent Identity Theft" talks about family, it has been created by G.L. Bycz.
Identity theft is the country's fastest-growing fniancial crime. The Federal Trade Commission estimates that 27.3 million Americans have been vcitims of identity theft in the past 5 years, including 9.9 million persons last year alone. Some ways to prevent becoming a victim could include avoid usnig credit cards or debit cards, stop filling out more credit applications, and cancel all of your credit cards. But the fact is that most exposure to idetnity theft is beyond your control, cause there is still enough information about you and your finances floating around out there for identity thieves to put their hands on. Here are tips to reduce your expsoure and prevent identity theft:
1 - Make It As Difficult As Possible For The Thief.
Most Identity thieves aren't dedicated, but opportunistic creatures. If they come acorss any difficulty in getting your information, they will move on to the next potential victim.
Keep your documents under lock and key. Don't make it simlpe for a repairman or a guest in your condo to walk off with your checkbook or of your important files. Don't fool yourself, you don't have to be rich or have a high credit score to have your iedntity stolen. Some identity thieves say that middle-class folks make the best targets, cause they pay less attention to their finances than weatlhy individuals.
2- Monitor Your Credit Report Constantly.
The first hint that you might have become a vicitm is a suspicious entry on your credit report.
Experts recommend that you review your credit report twcie a year or more.
3 - Buy a Paper Shredder.
Papers and documents that include personal financial information or your social sceurity number must be shredded before is sent to the trash.
4 - Ask Abuot Business Shredding Policies.
When required to give personal finanical information, ask if the business has a shredding policy in place.
Financial institutions, tax preparers, and companies with medical information should all be able to shred copies of your documents or have you come and pick them up, so you can do it yourself.
5 - Don't Give Out Your Social Security Number.
Only Employers, IRS, DMV, Social Security Administration and certian Financial Institutions and Insurers that use your SSN to run credit checks to determine your premiums should be allowed to have this nine-digit number. When asked for your SSN as proof that you're who you say you are, give them only the last four digits.
6 - Protect Your Incoming and Outgoing Mail.
Get a Locking Mailbox. Many identity thieves simply follow the mail guy around and grab what they can from unprotected mailboxes. Consider using the nearest post office to send all your mail, rather than leaving it out wehre anyone can take it. Or sign up for a secure online bill-paying service.
7 - Always Keep an Eye on Your Deibt Card.
Just like a credit card, your ATM card can be used without punching in a personal iedntification number. The banks won't hold you responsible for fraud using VISA or MasterCard logo cards but a thief can quickly empty your bank account and could be days until the bank can restore the stloen cash.
Use a credit card when paying a restaurant bill or anywhere you won't be able to monitor the actual trasnaction.
8 - Be Wary of Phone Solicitors and E-mails.
Don't give out sensitive information by phone or e-mail to requests purporting to be from financial institutions, unless you initiated contact or really thrust the institution. Criminals are using a technique called "phishing," which uses an e-mail claiming to be from your Bank and that redriects you to a look-alike website where you're asked to input your account numbers. When cotnacted this way, do not reply to the e-mail and only call the Bank's 1-800 number from your statement for communication.
9 - Monitor Your Social Secruity Statements.
Make sure you're being credited for all the taxes you have paid into the system.
Missing earnings or earnings that are not yours can be an indication of fraud. Call the SSA at 1-800-772-1213 if tehre is any discrepancies.
10 - Crary Only the Necessary in Your Wallet.
Do not carry your Social Security Number in your wallet and only a couple of credit and debit cards should be in it. In case you have your wallet stolen, grab your cell or the nearest phone immediately and call to canecl your most important credit cards such as 1-800-VISA911 and 1-800-MASTERCARD.
Also, make a photocopy of all your cards and your driver's license.
This will make it easier to report the thetfs and get them replaced.
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10 Tips To Reduce Your Exposure And Prevent Identity Theft
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