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Preventing Identity Theft

What is Identity Theft? It is the theft of
your personal information, such as social- Give your Social Security number only when
security number, driver's license number,absolutely necessary, and ask to use other
credit card and bank account numbers,types of identifiers. If your state uses your
mother's maiden name, and more, with theSocial Security number as your driver's
intent to obtain credit and credit cards fromlicense number, ask to substitute another
banks and retailers, steal money from thenumber. Do the same if your health insurance
victim's existing accounts, apply for loans,company uses your Social Security number as
establish accounts with utility companies,your  policy  number.
rent an apartment, file bankruptcy or obtain
a  job  using  the  victim's  name.At  Work;
Did you know that in some states Identity- Ask about information security procedures
Theft is not even against the law? The victimin your workplace or at businesses, doctor's
has to prove their innocence. This shocksoffices or other institutions that collect
most Identity Theft Victims, as it should. Ityour personally identifying information. Find
shocks me. Law Enforcement and Credit Cardout who has access to your personal
Services should be there to help, but in manyinformation and verify that it is handled
cases  they  don't.securely. Ask about the disposal procedures
for those records as well. Find out if your
Being prepared, just in case someone stealsinformation will be shared with anyone else.
your identity is a must. It may beIf so, ask how your information can be kept
inconvenient, but unless you want to go outconfidential. Keep your purse or wallet in a
and try to use your credit card one day, justsafe place at work; do the same with copies
to find that someone else has been using yourof administrative forms that have your
identity to make purchases and your card issensitive  personal  information.
no longer accepted, then you need to take
steps to prevent your identity from beingOnline;
stolen. It can take years to clear this up if
it happens to you, so a little prevention now- If you do financial transactions over the
is  the  answer.Internet, read their privacy and or security
statements. You want to know who they share
Facts  about  Identity  Theft;your personal information with. You want to
know they use a "secure server" for
- It is considered by law enforcement to betransactions. You want to know how they store
an absolute epidemic, the fastest growingyour personal information. If you don't like
crime  in  the  United  States  at this time.what you hear, don't do your business at that
website.  There  are  always  alternatives.
- For the criminal, identity theft is a
relatively low-risk, high-reward endeavor.- Use PayPal. You can transfer a limited
Credit card issuers often don't prosecutenumber of funds into your paypal account and
thieves who are apprehended. Why? The firmsuse it to buy merchandise online instead of
figure it's not cost efficient. They canyour  credit  card.
afford to write off a certain amount of fraud
as  a  cost  of  doing  business.- Don't give out personal information on the
phone, through the mail, or on the Internet
- Recently criminals have been using theunless you've initiated the contact or are
victim's identity to commit crimes rangingsure  you  know  who  you're  dealing  with.
form traffic infractions to felonies. How
would you like to find out you are wanted for- Before you share any personal information,
a crime you know nothing about? It hasconfirm that you are dealing with a
happened.legitimate organization. Check an
organization's website by typing its URL in
- All that is needed is your social securitythe address line, rather than cutting and
number, your birth date and other identifyingpasting it. Be cautious when responding to
information such as your address and phonepromotions. Identity thieves may create phony
number and whatever else they can find outpromotional offers to get you to give them
about you. With this information, and a falseyour  personal  information.
driver's license with their own picture, they
can  begin  the  crime.Going  Out;
- If you wait until it happens to you, it's a- Carry only the identification information
nightmare. You won't know until you areand the credit and debit cards that you'll
denied credit or a creditor contacts youactually need when you go out. Don't carry
about  a  charge  you  know  nothing  about.your social security card with you unless you
expect  to  need  it.
How  do  I  prevent  Identity  Theft?
Should  I  buy  identity  theft  insurance?
At  Home;
Some companies offer insurance or similar
- If you have roommates, employ outside help,products that claim to give you protection
or are having work done in your home, makeagainst the costs associated with resolving
sure your personal information is not readilyan identity theft case. Be aware that most
available  to  them.creditors will only deal with you to resolve
problems, so the insurance company in most
- Deposit your outgoing mail in post officecases will not be able to reduce that burden.
collection boxes or at your local postAs with any product or service, make sure you
office, rather than in an unsecured mailbox.understand what you're getting before you
Promptly remove mail from your mailbox. Ifbuy. If you decide to buy an identity theft
you're planning to be away from home andinsurance product, check out the company with
can't pick up your mail, call the U.S. Postalyour local Better Business Bureau, consumer
Service at 1-800-275-8777 to request aprotection agency and state Attorney General
vacation hold. The Postal Service will holdto  see  if they have any complaints on file.
your mail at your local post office until you
can  pick  it  up  or are home to receive it.Conclusion: Be smart. If someone is asking
for your personal information, anyone,
- Tear or shred your charge receipts, copiesincluding friends, acquaintances, companies,
of credit applications, insurance forms,stores, websites, or anyone else, ask
physician statements, checks and bankquestions. Find out why they need this
statements, expired charge cards that you'reinformation, what they are going to do with
discarding, and credit offers you get in theit, how long do they keep it stored, who they
mail. To opt out of receiving offers ofshare it with, and how can you be sure it is
credit in the mail, call: 1-888-5-OPTOUTgoing to be kept secure.
(1-888-567-8688).



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