Identity theft, also known as fraud or impersonation, is one of the fastest growing crimes in America. It affects more people than ever before, and it’s the target of many anti-fraud campaigns by all levels of government and private organizations. This article will give you some basic information on identity theft.
Identity theft occurs when a thief obtains information from you about yourself by using your personal information, credit card number, social security number, or bank account numbers. Usually, identity theft is the intentional use of another person’s identity to steal credit or other benefits from the person’s name, credit card number, or bank account. The thief then uses that information to open new credit accounts, obtain other personal services from you, or take out loans against the money you owe. Some examples of identity theft include:
If you are a victim of identity theft, there are a few things that you can do to protect yourself from becoming a victim of identity theft and make your life easier in the process. First, keep up to date with all of your financial and banking records, including bank statements, telephone bills, credit report copies, and credit reports, so that if you become the victim of a fraudulent act, you will be able to report it. It’s also important to check your credit reports for any mistakes and to dispute them.
You should also review your credit report for any errors that may exist. These errors could be anything from inaccurate loan applications to inaccuracies in how much you owe in unpaid bills. Identity theft can be prevented by taking steps to correct these issues quickly.
Next, you should never give away your credit cards or personal information over the phone, Internet, or in person. These types of personal financial transactions are not secure because they are open to anyone who has access to the Internet or telephone network, such as your boss, co-workers, or even children. So, never give out your credit card information over the phone or through an Internet site or other public venue. If you have your cards with you at the time, don’t give out this information unless you absolutely have to, or if there is an emergency.
If you have credit cards, make sure that you keep your balances low, especially if you carry more than one credit card. to pay for everyday purchases. When you pay your credit card bills on time, your balance goes down. The card companies need to be able to charge a minimum amount to you, so they can be sure that you are paying your bills on time.