Monday, June 24, 2019

5 Easy Precautions You Can Take Against Identity Theft



Did you know that on average, victims of identity theft spend at least 600 hours trying to clear their name? In addition to repairing the financial damage that’s been done, victims also have to prove that they are who they say they are. How unnerving is that?

As horrible as it sounds, there is a bright side to identity theft. Although you can’t be 100 percent sure it will never happen to you, there are things you can to protect yourself.


Monitor Online Accounts


If your bank offers online banking, sign up for it. Frequently log in to make sure you have no unauthorized transactions. Also, make sure to keep your login information safe. Never write it down or save it in your phone. also, never enable automatic logins.


Order Annual Credit Reports


You’re eligible for a free credit report from all three major bureaus. However, there are also apps that allow you to check your credit as often as you like. Credit Karma gives you instant access to your credit report for free. 




Sign up and check your report once a month for anything that looks out of the ordinary. You’d be surprised how many unauthorized accounts slip through the cracks.

Memorize Your Social Security Number


If someone gets a hold of your social security number, your credit can be destroyed in an instant. Play it safe and memorize your social security number. Make sure you contact a criminal defense group if your identity is indeed stolen. 


 Furthermore, make sure to be mindful of your surroundings when giving your social security number to customer service representatives.

Opt Out of Pre-Approved Credit Card Offers


You know those pre-approved credit card offers you get in the mail from time to time? Do not accept them. Tear them into pieces and throw them away. Thieves are notorious for using these kinds of offers to obtain other people’s credit card information. You can also opt out them to ensure you never get the offers again.

No matter how vigilant you are, there’s always the risk of identity theft. Even a disgruntled waiter can snap a photo of your credit card and go on a shopping spree. Play it safe and stay on top of your finances and purchases. 


If something doesn’t look right or you don’t remember giving that aforementioned waiter a tip, act upon it. The sooner you identify an issue, the sooner you can rectify it.


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