When it comes down to your financial future, there is nothing more important then protecting yourself from identity fraud. This is because is it your job and your job only to prevent identity theft in order to make sure that everything goes smoothly for you in the future. Identity fraud is nothing to take lightly as it can turn a persons world completely upside down in a matter of moments. There have been cases where credit cards, car loans, and even mortgage loans have been taken out in a persons name through identity fraud.
Sometimes the people doing the identity fraud can be caught and other times they are not. But the faster you notice something is wrong and take action, the better the chances will be that the thief gets caught. There is never a reason that you should not take action, even if you know the person who is using your credit. Never let the wrong doings of someone else cause you financial trouble. Your future is completely in your hands and that is why it is so important that you take identity fraud seriously.
Steps You Should Take
While it may seem like common sense, you should never release your social security number to anyone over the phone. Not only could the person on the other end be taking that information to use it for identity fraud, but also if you are on a cellular phone or a cordless, there could be hundreds of people listening to your social security number. Never keep your social security card in your wallet either as that is just the thing someone who is into identity fraud would love to see. Try to remember to watch your surroundings as well and never leave your wallet or purse out of sight so that it is not stolen from you.
Keep an eye out on your credit report so that you can quickly identify any changes on your report that you had nothing to do with. Identity fraud will first show signs on your credit report and it is these agencies that basically control your future and whether or not you will ever get credit or another job again. And that is another thing to consider, identity fraud cannot only affect your credit rating but it can control whether or not you get a job. This is because a lot of companies are now doing credit report searches on potential employees before hiring them.