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Identity theft cannot be
completely prevented. However, there are
some preventive steps that one can take to
lower the chances of becoming a victim.
- Do not carry any
identification or card in your wallet or
purse that has your social security
number printed on it. Yes, this means do
not carry your social security card,
Medicare card, and health insurance
cards. See What?s in your wallet?a
social security
number.
- Minimize the number
of credit cards that you carry. The more
you carry the greater the risk that you
will be a victim of existing account
fraud should your wallet or purse be
lost or stolen. The more cards you carry
the greater the potential financial
damage and complexity of your case.
- Shred all documents
that contain your name, social security
number, date of birth, or account
numbers before you discard them. Check
that junk mail doesn?t contain your
personal information, and if it does,
shred it first, especially those
preapproved credit card offers and
credit card checks. Every household
should own an inexpensive paper
shredder?make sure it is the crosscut or
confetti variety. Strip shredders don?t
?cut-it!? If you have many documents
such as tax returns, pay stubs, old
bills, etc. find a ?shred fest? in your
area where you can shred bulk documents
for free.
- Protect your outgoing
and incoming mail. Outgoing mail, which
can be stolen, often contains your
account numbers and other sensitive
information. It is best to deposit your
outgoing mail inside of your local post
office so there is no chance for it to
be stolen from your residential mailbox
or from U.S. Post Boxes. Never leave
your outgoing or incoming mail
unattended. For example, don?t put your
mail in the outgoing mail bin at work
where everyone has access to it. Monitor
your mail?a missing monthly credit card
or bank statement may be a clue that
mail has been stolen and your personal
information contained in the mail is
being misused.
- Monitor what is
inside of your mail too. Do you see
unexplainable charges or items on your
credit card, bank and medical
statements? If so, it may be a clue that
someone is misusing your identity or
account numbers.
Watch for signs of identity theft: late or
missing bills, receiving credit cards that you
didn't apply for, being denied credit or offered
less favorable terms for no apparent reason, or
getting contacted by debt collectors or others
about purchases you didn't make.
It's important to protect your personal
information, and to take certain steps
quickly to minimize the potential damage
from identity theft if your information is
accidentally disclosed or deliberately
stolen:
Close compromised credit card accounts
immediately.
If someone steals your social security number (SSN),
contact one of the three nationwide consumer
reporting agencies and place an initial fraud
alert on your credit reports.
Equifax: 1-800-525-6285;
www.equifax.com;
P.O. Box 740241, Atlanta, GA 30374-0241
Experian: 1-888-EXPERIAN (397-3742);
www.experian.com;
P.O. Box 2002, Allen, TX 75013
TransUnion: 1-800-680-7289;
www.transunion.com;
Fraud Victim Assistance Division, P.O. Box 6790,
Fullerton, CA 92834-6790
- Monitor your credit report. Keep in mind that
fraudulent activity may not show up right away.
- Consult with your financial institution about
handling the effects on bank or brokerage
accounts.
- Contact relevant government agencies to cancel
and replace any stolen drivers licenses or other
identification documents, and to flag your file.
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