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A Few Simple Ideas To Help Avoid Identity Theft...

By
Home Inspector with Pillar To Post

I have been finding info about avoiding Identity Theft in many different sources and I think these points do a great job of tightening up the laces so-to-speak to keep yourself out of trouble:

1.  Get your Credit Report.  A credit report can be obtained free, each calendar year, from all three credit bureaus (TransUnion, Equifax, and Experian) at http://www.annualcreditreport.com  By employing credit report requests every quarter will give a significant leg up on noticing suspicious activity with any of your accounts.  By law you are entitled to your own credit report (although not the FICO score, those sneaky companies) once per year at no charge to you.

2.  Only carry what you need.  When you go shopping, especially around holiday seasons, limit the credit cards you carry to only one or two.  

3.  Regularly refresh your pin codes.  This is critical because MANY of us tend to pick one pin for all of our cards, on top of that when was the last time you changed your pin?  I'm just as guilty as the rest but having a logical system of pin generation and trying to keep them "fresh" (no worries, only changing them once or twice a year is better than nothing!) will help you get complacent.  Also, you can strengthen passwords and pins by making them at least six to eight characters and mixing numbers, letters, and symbols.

4.  Stick with what you know and only use ATM machines that you are familiar with.  Believe it or not there are a healthy amount of fraudulent ATM machines out there that exist only to electronically "scrape" your card's data! 

5.  Protect your computer before shopping online or downloading software through the internet.  You should ensure you have SOME type of anti-virus software installed and make sure you keep the virus list up-to-date.  One outstanding anti-spyware program that I use can be checked out here: http://www.superantispyware.com/index.html

6.  Photocopy your credit cards and ID cards and keep the images in a SAFE place.  Most "if this card is stolen, call this number..." are printed ON the card.  If you loose it or the card is stolen you're up the creek without a paddle.  By taking images of all your cards you will have not only the numbers, security codes, but also the 800 number to your card's fraud department.

I hope this helps! 

Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
Hi Thomas,  Changing " pins " is a good idea.  This whole identity theft thing is amazing !
May 04, 2008 05:16 AM
Brian Schulman
Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA
Lancaster County PA RealEstate Expert 717-951-5552

Good post, Thomas.  I would add, if you shop online, be sure you see the "lock" icon or "https" as the start of the page URL, indicating a secure page.

Are there really fake ATM machines?  Do they actually dispense money?  If not, why are they not reported and shut down immediately?

May 04, 2008 05:29 AM
Clint Miller
Real Estate Pipeline, Inc. - Missoula, MT
I would also add to the list -- DO NOT RESPOND TO ANY EMAIL REQUESTING FINANCIAL OR PERSONAL INFORMATION, REGARDLESS OF WHO YOU THINK IT IS FROM.  Phishing emails are everywhere...be smart.  If you dont know the sender, dont open it.
May 04, 2008 05:42 AM
Richard Ives
Chicago, IL
Great post, Thomas.  Great tips.  Have a wonderful day!
May 05, 2008 02:30 AM
Kevin Corsa
H.I.S. Home Inspections (Summit, Stark Counties) - Canton, OH
H.I.S. Home Inspections, Stark & Summit County, OH Home Inspector

Great post!

Also, be careful at places where they have to take your card out of your sight to process it. I have had two friends who had overseas identity theft, because they went to a pizza shop where they took the card in the back room to "the card machine". Apparently they copy all the info off the card, and then sold it to overseas buyers in Turkey, where the cards were charged with thousands of dollars worth of merchandise.

It is a real nightmare when overseas thefy happens, because everything takes 2-3 times as long to verify and stop.

May 05, 2008 10:46 AM