Identity Theft - Prevention, Detection and Cure

On the average, an identity theft victim takes at leastbureaus. If you are going to request for your credit
600 hours cleaning off their identity. The 600 hoursreport every four months, then you can surely monitor
include going around town getting reports andyour credit all year long at four months interval.
affidavits to prove the theft, checking out the things4. Accounts Online - whenever your bank offers online
that have been compromised, and trying really hard toservices, you have to take advantage of this feature
get their identity back. Considering the average time,especially if it would allow you to view your accounts.
that should be a lot of time recovering from a crime ofYou need to login periodically or check your account
which you were the sole victim.regularly so you can be sure that there are no
Here's the bad news: no individual can protect his orunauthorized charges that have been made using your
herself from identity theft 100%, even if he or she isaccount. Do not write down or tell anyone your login
covered by an identity theft company. But don't let thatinformation. Keep them simple and easily recalled.
get you down, of course, the good news is that you5. Credit Monitoring - while credit monitoring can get
can significantly reduce the risk of getting victimized ifpretty expensive, it is one of the most effective ways
you act immediately as soon as you realize that yourof detecting identity theft. As compared to the cost of
personal information has been compromised.ordering your credit report a couple of times a year,
Here's what you can do:credit monitoring is way cheaper. Of course, you need
1. Fraud Alert - you should immediately contact one ofto shop around and check out the best prices.
the three credit bureaus to report a fraud alert. It6. Social Security number -- if put in the wrong hands,
typically lasts from 90 days up to 7 years. When athis can prove to be very fatal as far as your credit
fraud alert is set on your account, different businessreport is concerned. Whenever possible, do not carry
establishments are notified to take extra steps toyour social security card in your wallet. Do not even
confirm your identity when various actions are takenwrite it down.
on your credit7. Check Order - your checks are less likely to get
2. Credit Report Security Freeze - this is one stepstolen when they are personally picked up. Stolen
higher than a fraud alert because when this is placed,checks are another way for identity theft to take
a PIN or password will be required by establishmentsplace. Utilizing your routing and checking account
before anyone can check your credit report. Also,numbers, an identity thief can reproduce your checks
unlike a fraud alert, a fee needs to put a securityand use them to make his own purchases. So
freeze on your credit report.whenever you order checks, it is safer to pick them up
3. credit reports - all individuals are entitled to receivein the bank than having them mailed to you.
one credit report from each of the three credit