| We're all worried about identity theft and how it might | | | | This has two advantages for your safety: it removes |
| affect us. It seems like even an IRS audit isn't as | | | | the ability for thieves to access your full credit profile |
| devastating as identity theft could be. Luckily, it's not | | | | and it stops your receiving of "pre-approved" credit |
| that difficult to protect your identity if you're vigilant and | | | | applications in the mail. Both of these are big conduits |
| a little bit careful. Here are some steps to prevent | | | | for credit fraud and identity theft, so closing them |
| identity theft to get you started down the road to | | | | down is important. |
| safety. Contrary to popular opinion, most identity theft | | | | Another of the good steps to prevent identity theft is |
| actually takes place offline, in the real world. The | | | | to get a Post Office box or the equivalent. These |
| Internet only accounts for about 11% of all identity | | | | locked, secure mailboxes will keep your incoming mail |
| thefts in the U.S. Most thefts are credit card thefts | | | | safe from theft. A popular way for identity thieves to |
| followed by banking accounts such as checking or | | | | get information is to steal mail, especially bills and credit |
| savings. | | | | statements. Having a locked, secure box prevents this. |
| The first thing you need to do when taking steps to | | | | Have your bills, checks, and other information-containing |
| prevent identity theft is to limit the number of credit and | | | | mail sent to this secure box. |
| debit cards you carry. Most people aren't aware that | | | | On the reverse side of that coin, when you send out |
| credit cards are actually much better protected than | | | | your bill payments and other identifiers, don't use |
| debit cards are in the event of theft. With a credit | | | | non-secure mailboxes to post them. Put this mail in the |
| card, you are only liable, by law, for $50. With a debit | | | | locked, blue Post Office boxes on the curb or take |
| card, you could stand to lose everything in your | | | | them directly to the Post Office to mail. The box in |
| account. | | | | front of your house or the outbox at your work is |
| Limiting the number of cards you carry makes you | | | | probably not safe. |
| less of a target and lowers the amount you stand to | | | | Last but not least, when shopping or doing business |
| lose if you are robbed, mugged, or have your pocket | | | | online that involves your personal information or credit |
| picked. The fewer cards you have with you, the less | | | | card numbers, make sure that the people you're doing |
| they can steal. It's as simple as that. One step further | | | | business with are legitimate. Look at the address bar in |
| is to make sure you don't have records of PIN or | | | | your browser, before you enter that credit card |
| other identifiers with you as well. | | | | number on the screen, and make sure that the URL |
| The next thing you should consider doing is freezing or | | | | (address) begins with "https." That "s" means "secure." |
| locking your credit profiles at the credit bureaus. The | | | | Then look down at the bottom right hand corner of |
| three bureaus are required, by law, to allow customers | | | | your browser (off the Web page). There should be a |
| to freeze their accounts so that no new credit can be | | | | closed padlock symbol. |
| added without express permission and no companies | | | | That icon means that your browser is securely |
| can look into a credit profile without permission. This | | | | connected to the website in question. This is an SSL or |
| makes it so that only you and those you currently | | | | Secure Socket Link. Not to get too complicated, but |
| have credit relationships (banks, credit cards, mortgage | | | | that means that a strong, 128-bit encryption algorithm |
| lender, etc.) can access your profile. Even then, only | | | | has been established between the website and your |
| you can access it to do anything other than update | | | | browser. These two indicators show you that you're |
| records (mark payments received, amounts owed, | | | | on a site that's verified themselves and their |
| etc.). | | | | commitment to privacy. |