"How To Protect Your Identity ...
When Determined Thieves Want It."
 
by Roy Primm (The Shoppers Coach)
 
Many people lose
From the latest tricks criminals use
So dont neglect
To always protect
Your identity from being abused.
 

Identity theft is a serious crime that is growing each year. If you're a victim of identity theft, you may spend months, even years trying to repair a ruined credit history.

A seriously damaged credit report can destroy your chances of getting a new job, a bank loan, insurance or even an apartment.
 
It's even possible go to jail for a crime you didn't commit if someone else used your identity to break the law.
 
Many people face lawsuits in court as victims of identity theft, taking them many months and thousands of dollars to correct.

In the past many of the methods thieves used to steal your identity were beyond your control to guard against. For example, store clerks have used their position to pass along information to identity thieves.
 
There are measures you can take now that will make it harder for a thief to steal your identity. Use them to protect yourself.


I. Protect Your Credit Card Number When Making Purchases

After you make a purchase and the clerk swipes your card, what should you do?
 
When the clerk hands you the receipt to sign, make sure the receipt hides all but the last 4 digits of your credit card account number. Note: Usually they should have Xs in place of the first 12 digits).
 
Some terminals still print receipts that show all 16 digits of an account number, and may even include the expiration date as well. This is an identity theft waiting to happen.
 
Here's the solution:

After they swipe your card, you can by law hide the first 12 digits of your account number on the copy of the receipt the salesperson keeps. Use any marking pen to blot over the numbers.

When you go to a restaurant, it's especially important to make sure the first 12 digits of your credit card number doesn't show on your receipt. If they do mark over them yourself. Before handing back to the clerk.

You might be in the habit of signing it and then leaving the restaurant's copy on the table after your meal. An identity thief can easily steal the signed receipt before the waitperson comes back around to pick it up from the table. Don't take any chances.


II. Do You Need To Give Your Social Security Number?

Another important way that you can guard against identity theft is to avoid giving out your social security number unless you can't avoid it..

For example you usually need to share your social security number when you apply for credit or for a bank account.
 
But sometimes a store or an organization will want to use it as an ID number, simply to identify you within their data base.
 
This is a common practice even though the law says don't use social security numbers as ID numbers. Use your best judgment. There's usually an alternative if you ask.


III. Destroy Documents That Contain Sensitive Personal Information

Buy a paper shredder and use it to destroy documents you're throwing away which contain personal information such as credit card numbers, social security numbers, phone numbers and dates of birth. This is important to do both at home and at work.

Identity thieves will stoop to going through your trash to find valuable personal information that can help them gain credit in your name.


If The Worst Happens ...

If you do become a victim of identity theft, take the following steps immediately:

1. Contact your credit card companies, close your accounts and ask to have new cards issued to you.

2. Place a fraud alert on your file with any one of the three major credit bureaus. They automatically inform the other two credit bureaus.

3. File a police report. You may need it to show to creditors as proof of the crime.

4. File a complaint with the FTC, which keeps a database of identity theft cases used by law enforcement agencies for their investigations.

If you take the time to follow the these tips you'll make it harder for identity thieves to steal your most valuable asset - your identity.
 
Question or comments concerning this weeks newsletter
 
Identity Thieves Are Getting Smarter Everyday ...
Are You?
 
 
Next week I'll show you the 7 Biggest Credit Mistakes People Make. Some will surprise you. But they all will save you money and stress. Have a good week!