Taking a Stand Against Identity Theft

The first and most important thing you can do toaway, even if the card has expired, and throw
become better prepared and protected againstthe tiny pieces into more than one trash bag so
identity theft is to lose the attitude that "it couldeven if one bag is found the card could not be
never happen to you". Identity theft is muchput back together.
more common than most people believe, and the- Report any stolen or lost credit cards
belief that it won't happen to you leaves youimmediately.
much more vulnerable than someone who actively- Destroy receipts, tax information, credit card
takes steps to protect themselves against theapplications, mortgage information or canceled
crime. Identity thieves are able to obtainchecks before throwing away- and keep such
information they need to assume someone else'sdocuments in files in a locked file cabinet inside
identity- often with little effort.your home. Don't rule out the possibility of the
Take Care to Protect Personal Informationbabysitter or housekeeper or guests taking
Do you shred information before you throw itpaperwork lying around your home.
away? The easiest way for identity thieves to- Keep a close eye on your credit reports and
gather information to assume your identity iscredit card statements to watch for anything out
through the paperwork you throw in the trash.of the ordinary, or transactions you know you
You may as well hand a thief your credit card,didn't make. Investigate anything suspicious
social security card and driver's license if you'reimmediately.
throwing out (without shredding) creditIf You Are a Victim of Identity Theft
applications, resumes, credit card and utility billVictims of identity theft often spend months or
statements.years trying to recover from the crime. Not only
Sometimes thieves will intercept your incoming ormay it cost victims money, but their credit score
outgoing mail by taking items from your mailbox.is going to be ruined and will take work and time
With enough information, perhaps gatheredto repair. While the three major credit bureaus do
through various bank statements or credit cardhave policies for fixing credit scores and reports
applications, the data can be pieced together by aafter identity theft crimes have occurred, it does
thief to use your name to apply for loans andtake a long time for the errors to be corrected
credit in your name. You may want to considerand repaired.
mailing documents from a post office mailboxBefore the report and score is corrected, the
rather than a personal mailbox- the little red flagvictim is going to have a difficult time obtaining
you put up on your box to signal your mail carrierany sort of financing (from credit cards to
that you have mail waiting for pick up is also astudent loans to car loans or mortgages). In some
signal for identity thieves of a potential victim!extreme cases, identity theft victims are even
Preventing Identity Theftarrested for crimes they didn't commit.
Other than shredding paperwork prior to throwingBeing a victim of identity theft interrupts your life.
it away, there are a few other methods you canIt is far easier to take appropriate steps to
use in order to protect yourself against identityprotect yourself than it is to repair your credit
theft:reports and credit score after your identity has
- Cut credit cards into tiny pieces before throwingbeen stolen.