Identity Theft
Protect and Prevent
Identity Theft. What Is It?
Occurs when someone wrongfully acquires and uses a consumer's personal identification, credit, or account information.
Social Security Number
Only give it out to trusted organizations and only give it when absolutely necessary.
Safeguard your wallet!
Only carry what you need when you go out, and do not carry:
- Social Security card
- Birth certificates
- Passport
Internet Safety
Only give out personal information when making a purchase. Only using credit cards when making purchases online.
What Credit Report Shows
It reveals how prompt you are in paying back loans, how much money you could borrow should you decide to go on a spending bender, and how many times you've applied for credit. What it does not reveal is your salary, business debts, and whether or not you're a generous tipper.
How To Raise Or Keep A High Credit Score
- Pay your bills on time.
- Keep balances low on credit cards and other "revolving credit."
- Apply for and open new credit accounts only as needed.
- Pay off debt rather than moving it around.