Preventing Identity Theft From Ruining Your Life

 


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Identity theft is a worldwide problem that continues to widen its scope every passing month. Billions of dollars are lost every year to criminals who obtain and reuse confidential consumer information to their advantage and to your peril. You can prevent identity theft by following several simple tips as suggested by law enforcement and consumer rights experts. Read on and I'll inform you of the ways that you can lessen your risk of becoming a victim of identity theft.

In the US, identity theft typically begins with the accessing of your social security number by a third party. This party has no right to your number, but they manage to get through a variety of means. These means can include via the internet, through a phone conversation, paper found in the trash, even voluntarily by you as you share that information with a party you think should know that number.

In most cases, no one needs to know your social security number. Certain government agencies and your employer, but beyond that this information should not be shared unless, of course, you apply for credit.

Your social security number alone is usually not enough to cause a problem. Sharing your phone number, home address, the correct spelling of your name, your mother's maiden name, can all increase the likelihood that you will be scammed.

Most cases of identity theft are thought to occur online. However, this is simply not true. Most cases rear up through a phone conversation or via paperwork you threw out instead of shredding. On the internet identity theft can occur when consumers shop via sites that are unsecured or if they answer fake email from someone they think is a legitimate company representative.

In all cases, never give your confidential information out to anyone. The IRS will not contact you via email as they know scammers will attempt to use intimidation to get you to give up important information about yourself. When in doubt, simply don't. Why put yourself in a precarious position?

Finally, order your free copies of your annual report from the three credit reporting bureaus as least once per year. If identity theft is occurring, you will find that information out via the unauthorized opening of accounts in your name. These accounts will show up on your credit report where you can dispute them, have them closed, and have your identity restored before things get totally out of hand.

Jeff is the owner of Homeowner Loan Guide one of the Uk’s leading secured loan quote providers. If you are searching for that low rate on a secured loan then visit our site today for a free no obligation quote. We provide great rates that compate to leading lenders like Abey National

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