Newsletter 08/15

Protecting yourself from Identity Theft

After the 2017 data breach with Equifax one of the top three credit reporting agencies in the nation, the need to protect yourself from identity theft is higher than ever. is  Hackers can access your names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They may even steal credit card numbers or dispute documents with personal identifying information.

Below are some steps to protect yourself from identity theft:

Passwords Be creative with your passwords and include numbers or special characters to spice it up. Also be sure use different passwords for different accounts. Data thieves are counting on the fact that you use the same password for your accounts that way they can have full access to your assets.

Monitor your existing credit card and bank accounts closely A common sign of  theft is suspicious activity on your accounts. You may even decide to put a credit freeze or a fraud alert on your files.

Protect your documents and personal information. It is important to be careful with your documents and what personal information you share. When getting rid of personal papers or old credit cards make sure to dispose of them properly through a shredder.

Continue checking your credit score. It doesn’t hurt to keep track of your score and doing so makes it much easier for you to notice any changes with your credit health. Drastic changes due to fraudulent activity  can damper your approval odds on loans or payments.