Avoiding ID Theft and Credit Fraud

Article excerpted from the new book, “How to Dothe phone unless you initiate the call and you know to
Space Age Work with a Stone Age Brain” TMwhom you are talking. Never carry your social security
copyright 2004, all rights reserved, by Eve Abbott, thenumber in your wallet.
Organizer ExtraordinaireYou don't have to give your SSN to businesses that
Each year billions of dollars in credit fraud isrequest it, although they do have the right to refuse
perpetrated on unsuspecting citizens. With so muchservice. Only government agency, and employment or
personal information publicly available (or easilytax related inquiries must be answered.
available to someone with medium computing skills) it isReduce the number of pre-approved offers you get
essential to develop good habits to prevent yourby requesting these credit bureaus remove your name
information from falling into criminal hands. It is possiblefrom their lists: TRW (800) 353-0809, Equifax (800)
for someone to create an entire identity (get driver's219-1251 and TransUnion (800) 241-2858.
license, etc.) based on just a few pieces of information.Once a year carefully check out your free credit
I know of an employee who sustained an on-the-jobreport from Experian (800) 682-7654 and free Social
injury then applied for disability. He was shocked whenSecurity file (800) 772-1213. If you are denied credit
they turned him down. According to Workmen'sbased on your report, the issuing credit bureau must
Compensation records he had been collecting disabilityprovide you with a free copy upon request - even if
for the last year and a half. Someone had gotten theirthey usually charge for it.
hands on enough information to drain his account!Do not give out confidential information on e-mail or do
It can take years and thousands of dollars to correctfinancial transactions on the Internet unless it's secure
an identity theft, credit fraud or a simple key entryand encoded. (Look for the SSL reference)
error by a clerk at a Credit Bureau. It takes minutes forCheck guarantee and check verification agencies
you to do these simple tips:must provide the same protection as credit bureaus,
Destroy all pre-approved credit offers you get in thesuch as access to your report and correction of
mail before you discard them. Otherwise, someoneerrors. If your check is refused, get the agency name.
can fill out a new address and get credit in your name.For assistance in re-establishing good credit and
Use a paper-shredder for all documents with yourcorrecting errors, the non-profit Consumer Credit
financial or legal information included. Sign all your creditCounseling Service may be able to help you. To find
cards with 'Please ask for photo ID' instead of yourthe office nearest you call
signature.(800) 388-2227.
Never give out your SSN or credit card information on