Protect Yourself from Identity Theft

(What is Identity Theft and How to Avoid It)O.K., I’ll protect myself from identity theft; but first I have to know what it is. So, what exactly is identity (ID) theft?Succinctly put, it is the crime of obtaining your personal and / or financial information (i.e. name, address, Social Security number, credit card information, bank information, etc.) to assume your identity to either commit a criminal act, fraudulently secure credit or services, make purchases or secure money while impersonating you.Several Federal agencies in tracking the incidences of identity theft have found this crime to be on the rise and the fastest growing in the U.S. The following alarming statistics provide this information:More than 9 million new victims per year for two straight years Over 30 million identified new victims in past five years Is the top consumer complaint to the FTC five years in a rowHow is it possible that this incredible number of people fall victim to this crime? There are several avenues through which dumb criminals fraudulently obtain credit in your name, all of which you can do something to stop.Several years ago, many fell victim due to their disposal methods of personal papers and […]

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