Be Careful What you Throw Away

Everyone at one time or another has either jokednumber on the memo line of your check. Only put
about or heard a joke about "Dumpster Diving."the last 4 digits, that's all that is required, the
Usually it refers to someone scavenging for foodcompany knows the rest of the numbers. It's
or behind a store to see what they have thrownjust a precautionary move on your part.
out. And everyone has heard of someone finding· Destroy your cancelled check when it is
something of real value in the trash. Personallyreturned from the bank. Most banks don't return
I've seen someone on the Antique Road Showcancelled checks anymore, there was a time they
showing off a painting they found this way, onlydid and if you bank with one of those who still do
to be told it's worth some extraordinary amountits best to shred them as a precaution. This will
of money.prevent anyone from knowing your bank account
This article is not about that kind of buriednumber.
treasure but another kind that most people haveMonthly Checking Account Statements
been guilty of throwing out; the most personalThe account information on your monthly
things that contain information about you - that instatement can be used to print counterfeit
the wrong hands can cause you an awfulchecks to drain your account. Identity theft is so
headache, otherwise known as Identity Theft.common that a smart thief can make an identity
>b>Identity theft is the fastest growing crimecard with your name and address and their
wave in the United States according to the FBIpicture and use that to open a bank account and
and the US Postal Service. The US Postal Servicewrite bad checks on the account. Because your
says on their site that identity theft from stealingname is the one on the check it will appear that
mail from your mailbox is not a big problem but ityou are the one writing the check. You may not
does happen. So if you have something to mailfind out about it until you try to write a check at
that contains your SS number or a credit card billthe grocery store and are told that they won't
that has your number on it, they recommendaccept your check.
that you take it to the Post Office and put it in aStores use a check-guarantee company to get
secure box.reports on checks that a bank sends back
Following is a list of items that should NEVER bestamped NSF. This service helps merchants
thrown away! Instead shred them, or better yet -identify customers who are passing bad checks
if your office is like the one I work in, thereand minimize their losses.
should be a trash bin dedicated to sensitiveThe check-guarantee companies also protect the
material that is taken away and shredded eachcustomer. When you notify the bank of stolen
month - take your sensitive items there andchecks they alert retailers for you.
throw them away.Utility Bills
Monthly Credit Card StatementsOne of the things a "dumpster diving thief" will
You are probably thinking, why would anyone golook for is the bottom portion of your utility bills
through someone's stinky garbage? It's what theythat says "Retain for your records". This part of
find if they go through enough garbage thatthe bill will have your name, address and account
keeps them coming back. If they find yournumber. Utility bills, telephone water, garbage and
personal information that is legible enough to read,electric bills are used as proof of an address when
that's reason enough. If they get lucky enough toopening a bank account. The identity thief can put
find your credit card statement that will giveall these to good use. Be sure to shred them
them enough information to re-invent you forbefore discarding them.
their own usage or sell it to someone else.Cell Phone Bills
One credit card statement is worth more thanA cell phone bill can be used the same way as a
gold. With this information they can buy anythingutility bill for opening a bank account. The bottom
they desire. And best of all, they will never haveportion has your name and address plus your cell
to pay for it. In most states, you are notphone number. Most people discard these after
responsible for fraudulent charges to your cardpaying the amount owed but should shred them.
provided you report it immediately when youIn the wrong hands they can cause a lot of
receive your receipt.headaches.
Before you discard your statements here someRemember: If you don't shred, it isn't dead! If you
tips to protect your credit from thieves.are careful not to leave anything lying around you
· When you write your checks for paymentcan't be hurt. Everybody is vulnerable.
to the CC company don't write the full account