GRAND RAPIDS, MI- February 5, 2013- Some Hollywood movies portray identity theft as a comical occurrence. However, in reality being a victim of identity theft can have large financial consequences. It is extremely important to try to deter identity theft from happening, quickly spot it if it has happened, and take the appropriate steps to defend yourself. The Better Business Bureau Serving Western Michigan (BBB) offers tips on how to respond in the case that identity theft has taken place.
“Identity thieves are relentless in their pursuit of private information,” said Steve J. Bernas, president & CEO of the Better Business Bureau serving Chicago and Northern Illinois. “It is very important to be aware of all the different ways to defend yourself and to keep your identity safe. It is always easier to avoid a problem rather than fix it once it occurs.”
The BBB offers the following tips to keep your identity secure:
· Carry only the cards you need at the time. Minimize the identification information and the number of cards you carry in your wallet or purse. Do not carry your Social Security card unless you need it.
- Cut up old or expired credit cards. Be aware of inactive credit card and bank accounts. Check them periodically for suspicious activity.
- Choose your PIN wisely. For your ATM card, choose a Personal Identification Number (PIN) different from your address, telephone number, middle name, the last four digits of your Social Security number, your birth date or any other information that could be easily discovered by thieves.
- Social Security Number (SSN): Be careful about sharing your SSN. Ask why your number is needed, how it will be used and what will happen if you refuse. Do not carry your Social Security card with you on a daily basis. Leave it at home in a secure location.
- Mailbox: Place outgoing mail in a secure mailbox. If you do not have a locked mailbox, pick up incoming mail as soon as possible.
- Storage: Never store your private documents in unsecured locations, such as your car or office. At home, invest in a fireproof lock box or safe to store important documents.
- Shred Documents: Avoid storing documents that contain personal information you no longer need including: credit card applications, insurance forms, financial statements, health forms, and other billing statements. Shred all unnecessary documents that contain personal information; garbage cans are goldmines for identity thieves.
- Receipts and Bank Statements: Monitor bank and credit card statements for fraudulent activity. Know what dates your bills arrive. Late or missing bills can indicate your information has been compromised.
- Credit Report: Check your credit report annually. Under the Fair & Accurate Credit Transaction Act, consumers are entitled to a free annual credit report. The only authorized source is AnnualCreditReport.com 1-877-322-8228.
Visit BBB’s website for more consumer tips at www.bbb.org
As a private, non-profit organization, the purpose of the Better Business Bureau is to promote an ethical marketplace. BBBs help resolve buyer/seller complaints by means of conciliation, mediation and arbitration. BBBs also review advertising claims, online business practices and charitable organizations. BBBs develop and issue reviews on businesses and nonprofit organizations and encourage people to check out a company or charity before making a purchase or donation.