Have you ever checked your credit card and discovered suspicions activities? Did you ever wonder the possibility of this ever happening to you? The world is full of fraudulent characters who are experts in identity theft. It can happen to anyone, and it’s becoming more common each and every day. That’s why it’s important to protect yourself against identity theft.
3 Basic Ways to Protect Yourself Against Identity Theft
Whenever you feel like your information is exposed to hackers, consider placing a fraud alert as quickly as possible. This will include freezing your account. Therefore professional credit handlers like credit sesame offers you daily alerts on your credit performance.
There are many shops and you may not remember all you have gone to. Remembering any of them could be impossible. Or maybe you have visited several websites. Thieves can strike anytime from your history and use that information to harm your credit score.
This may happen when you least expect and when you think you are the safest. If you are not a regular user, you can be shocked to find huge changes on your credit card and your score.
You do not want such things to happen to you. The best way to handle it is to keep yourself safe. Here are a few ideas that can help you.
1) Keep your finances in check always
Staying vigilant against identity thief is very important. This means that you should keep a close eye on your financial records with regular checks. Staying alert will give you an idea of what to do whenever you recognize suspicious activities.
Your credit reports are not the only thing at risk. Your bank and credit card statements should be checked regularly as well. Financial institutions will be able to help you if you reach out in time. This will include sending a report to the credit reporting bureau to check your information.
There are three major bureaus that are more than ready to help you by providing copies of credit reports. You can do this as often as you want.
You can also keep track of your credit through other applications.
2) Credit monitoring service
If you don’t want to keep an eye on your credit yourself, credit monitoring services can do it for you. However, this is never a guarantee that your identity won’t be stolen. You can check credit sesame to receive such a service. You’ll receive daily alerts on your credit activities.
If there is any change on your credit, you will receive a notification. This will include suggestions on how to handle it in case it was not you.
3) Use fraud alerts
Once you notice that there is a problem, the very first and basic reaction is to place an alert. Those who suspect their private info may have been tampered with are offered this service free of charge.
You don’t even need to contact all credit bureau firms. Only one is enough and the other will get the alert. Once you have reported, lenders will be notified that you have been a victim whenever they pull your report.
How do you protect yourself from identity thief? Please share in the comment section below!
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.