The Essential Guide to Prevent Identity Theft
Posted by under General on May 9th, 2008.Interestingly such numbers do not suggest that the majority of Americans are doing something to protect themselves from identity theft. In fact, in the FTC survey, only 25 percent of the respondents discovered they were victims of identity theft through monitoring their accounts, while another 11 percent discovered using some sort of a credit monitoring and protection service. Most of the victims had the learn the painful and unpleasant way of being called by a debt collector or receiving a bad debt bill, Others may only discovered the problem when they are applying for a job, credit cards, or state benefits. In view of all these facts, stop identity theft is easy as ABC. All you need is prevention. As the saying goes, 'Prevention is better than cure'. You can ask the three major credit bureaus to set fraud alerts on your information. When you do this, if someone else tries to open an new account or raise existing credit cards limit, you will be contacted and have the opportunity to verify that action to be taken. However you have to make the request every 3 months as the fraud alert only lasts for 90 days.