Identity Theft

And how to prevent it

Identity Theft Definition

Identity theft happens whens someone illegally acquire someones passwords and financial information and using it to their then using it to gain money and purchase items.

How to Protect Yourself Against Identity Theft

Protect Your Social Security Number

Never give out your social security number to someone you don't trust completely, and only give it to organizations that have to proven to be trustworthy.

Check a Sources Credibility before Sharing Information

Never give out your personal information over the phone, email, or the internet without first validating how trustworthy the person/place/organization you're giving it to is.

Check Credit Reports

Check your credit reports at least once a year for mistakes and errors.

Where to Keep Personal and Financial Information

Never carry your social security number, passport or birth certificate in your wallet or purse. When sopping or banking online, always use a secure website. This can be indicated by an "https" or a lock next to the websites URL. When you go to an ATM always make sure that there is a lot of people around, so that someone is less likely to try and steal your money. You should also always put your money and ATM card away immediately after getting it. With ATM receipts you should always shred them as soon as possible. Always keep your credit card on you. Never leave it laying somewhere, even if it is in your car.

Credit Reports

A credit report includes your name, address, social security number, date of birth, and employment information. They also have all of your accounts, what type they are, when they were opened and the account balance. There is also a section that has a list of everyone who has had access to your credit report, for example places you've got loans from. If you've ever gone into bankruptcy, had a foreclosure, or been sued, those are also included on your credit report.

Raising and Keeping a High Credit Score

Some tips to raise your credit and keep it raised are keep your balances on your credit cards low, paying off debit instead of just changing it around, keep unused credit cards open, and don't open many new credit cards that you don't need.