Identity theft is something that has affected millions of people and has someone assuming their entire identity. It is a serious problem that can ruin your reputation, finances, and even credit score if you are unlucky enough to be a victim. The truth is that your identity may not have been stolen yet, but it is possible that you know someone who has suffered these types of crimes. As with any problem, it is better to take precautions to stay protected than to try to fix the situation when it has already happened. And luckily, with identity theft, there are simple things that can help keep you protected.
1. Carry only what you need in your wallet or purse. Most of the people tend to keep all the valuable items in their wallets and purses. While it may be a convenience, you risk a lot in case you end up losing your wallet. Avoid carrying important items like social security cards and your security numbers in your purse and instead keep them safe at home. It also helps not to carry all of your credit cards and never carry the PIN numbers of any credit card or ATM you have.
2. Shred all documents with confidential information before disposing of them.. Paperwork and financial documents should not be left lying around or disposed of perfectly. This is because many identity thieves use them to steal your personal information. If you don’t have control over disposal like in an office, make sure to use the paper shredder to keep your data protected. Documents to dispose of very carefully include bills and bills, tax forms, credit card applications, and loan applications.
3. Keep an eye on your credit scores and report. This is one of the best ways to receive warnings that your identity may have been stolen. New credit cards and loan accounts that you didn’t open, as well as addresses and names, multiple credit inquiries from companies you’re not associated with are all clues that you may have become a victim. You can get free credit reports from the relevant credit bureaus and just as easily monitor credit scores to identify anything suspicious and take action before the situation worsens.
4. Choose strong passwords and usernames for your online accounts.. It’s something most people don’t pay attention to, but it can go a long way toward keeping your identity safe. In fact, it is advisable that you avoid using the same password and username for all the online accounts you have. Changing passwords regularly and choosing strong ones every time also helps make it harder for thieves to crack and access your accounts.
5. Review bank statements and credit card statements.. Identity thieves are often after your finances, and therefore keeping a close eye on your statements can help you handle a situation before major damage occurs. Even though professional thieves can easily open new accounts and have statements mailed elsewhere, it is still a measure that can protect you from petty theft.