Seniors, Scams, and Identity Theft

The Federal Trade Commission has reportedyou can continue to get free reports until the
identity theft as the top consumer complaint,errors are corrected. All three credit reporting
affecting millions of Americans each year. Seniorsagencies are required to give you a free report if
are particularly vulnerable, and identity theftyou have been denied credit, or you suspect
affecting seniors rose 200% between 2000 andfraud on your account. To get a free copy of
2001. Seniors are appealing targets because theyyour report, go to You can also request your
generally have higher credit lines, home equity,credit report by phone. Call 1-877-322-8228 to
and more savings than young people. Seniors arerequest your credit reports by phone. Your
also easy targets for e-mail fraud, and charityreports will be mailed to you.
fraud. Internet scams will often instruct a seniorYou can contact all three credit reporting agencies
to access their bank account online in order todirectly. The contact numbers for the three credit
"correct an error". Most of the time, seniors willreporting agencies are:
be asked to click on a link inside the e-mail, andEquifax (800) 525-6285
they will be taken to a site that looks like theirExperian (888) 397-3742
bank's or credit card's own site. They will beTrans Union (800) 680-7289)
asked for pin numbers, account numbers and3. Protect your mail. Do not leave mail in your box
personal information. After that, the identity thiefovernight. Get a locking mailbox from your local
gains access to their accounts, open new credithardware store. They are relatively expensive,
cards, and steal funds.and well worth the investment. Deposit mail in US
Never release this type of information over thepost offices, or US mailboxes. Do not leave mail
internet, unless you are absolutely sure that youout for your postman to pick up, especially if your
are on the correct website. The best way to bemail contains personal checks!
sure is to log into a website directly, or call your4. Shred all important documents. Use a paper
bank's customer service department. Most banksshredder to destroy all important financial
and credit cards have a 24-hour toll-free numberdocuments. Identity thieves often use trash bins
for customer service and identity theft victims. Ifto "troll" for personal information. This technique is
you suspect identity theft, immediately contactcalled "dumpster diving", and is one of the most
your bank and credit cards companies. Cancelcommon methods that thieves use to steal
everything-if you are wrong, then you mayfinancial information.
experience a little inconvenience while you wait for5. Never give personal information over the phone
your new credit cards to arrive. If you are right,unless you initiated the phone call. A common
and identity theft has occurred, you can savescam is for a thief to call you, and claim to be
yourself thousands of dollars and lots ofcalling from your doctor's office. They ask to
headaches if you act quickly."confirm" your insurance information, and social
Seniors are instructed to carry Medicare cards atsecurity number, which most people supply
all times. Their Medicare cards, in turn, have socialwithout thinking. Don't become a victim of this
security numbers printed plainly on the front. Ifscam! Call your doctor's office directly, and ask
possible, always leave social security cards andthem if they require the information. If the call
Medicare cards at home. If you are going to awas fraudulent, contact your insurer, and the
new doctor, take it with you, and then return itpolice.
to a safe place when you come home.If you are still a victim of identity theft, don't
If a business requests your social security numberpanic. Go to your local police station, and file a
without a legitimate reason, refuse to give it.police report. Your bank and credit cards cannot
Health care providers, the social securitymake you legally responsible for crimes
administration, and the IRS are a few of thecommitted in your name by an identity thief.
organizations that have a legitimate reason forContact the credit reporting agencies, and place a
requesting your social security number. Smallfraud alert on your account. If creditors begin
businesses, such as your veterinarian, handyman,calling, tell them that you are the victim of identity
or grocery store clerk should not ask for yourtheft, and that you request to be contacted in
social security number.writing. That way, you can respond with a copy
5 Easy Tips to Help Protect Your Identityof the police report and a letter. DO NOT PAY
1. Print checks with as little information as possible.CREDITORS FOR FRAUDULENT CHARGES! Many
Use only your first initial, last name, and address.collection agencies purposely intimidate and bully
If you have a business address, use it in lieu ofidentity theft victims. This is sad, but true. After
your home address. That way, if your checks areconsulting multiple identity theft victims, I am
ever stolen, your home address is protected. Thisconstantly shocked by how many are also victims
is especially important for female seniors, whoof creditor abuse. If you become a victim of
may live alone. Do not print your phone numbercreditor harassment, report the credit card
or social security number on your checks.company or creditor to the Federal Trade
2. Get a copy of your credit report every year.Commission.
It's free, and if you find errors on your report,