Ways to Protect Your Debit Card From Identity Theft

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Written on 6:01 PM by zorayda

The problem of identity theft and credit card fraud is an undeniable fact in our society today. In the United States alone, millions of consumers fall victim to ID theft and fraud each year, and the number of victims continue to increase with the passing of time. With the introduction of credit cards that functions as debit cards, cases of ID theft have also grown more than ever.

Why are debit card users a favorite target of identity thieves? Why are prepaid debit cards susceptible to credit fraud? Why should you pay close to attention on how you use your debit card? How can you safeguard your personal information especially when using debit cards and credit cards? Here are some tips to help you protect yourself from the unnecessary heartache and trouble that ID theft can bring.

1. Always be on the alert. Usually, people who become victims of ID theft are caught unaware or have been caught letting their guards down. If you own a debit card or a credit card, you need to especially alert at all times. Never give any of your card information to any person or company without making sure that they can be trusted. Don’t be tempted to purchase from unknown sellers particularly over the web just because they offer lower prices on their products. It’s better to buy only from a reputable merchant with a reliable track record in selling.

2. Don’t carry all your credit cards and debit cards in your wallet. Obviously, such a practice puts you more at risk in case your wallet gets stolen or misplaced. It is best to carry only one card in your wallet and keep the others in a safe storage.

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Protect Yourself from Identity Theft

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Written on 7:00 AM by zorayda


Each year, an estimated 10 million Americans are expected to become victims of crimes related to fraud and identity theft. Most often, consumers are not even aware that they had already become a victim of ID theft until their creditors start notifying them about their unpaid debts.

Students are also prone to identity theft and fraud because many young people are careless when it comes to handling their student credit cards. Sometimes students leave their credit cards in dorms where others can easily steal them or copy their account numbers. Some even tend to write down their account numbers and PIN numbers in sheets of paper that can easily get misplaced or stolen.

Whether you’re a student or an adult, what are the steps you can take to protect yourself from identity theft? Consider the following advice and remember to put them into practice:

Don’t throw credit card receipts and billing statements in trash. Be aware that identity thieves also rummage through trash bins in search of precious bank account information. Be sure to shred your bills into very small pieces before throwing them in the trash.

Use your ATM discreetly. When withdrawing cash from your ATM, watch out for people who may be watching behind your back, trying to seize your account numbers or PIN.

Keep your credit card in sight at all times. When paying with your credit cards, don’t let it out of your sight even for just a few moments. Identity thieves may use small “skimming” devices that can copy the important details of your credit card without making it obvious.

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Written on 3:40 PM by zorayda

How to Prevent Identity Theft
Identity theft is the fastest growing crime in America today. More than 9.9 million Americans were the victim of many types of identity theft scams in 2004, which ended up costing them almost $5 billion. Most identity theft victims suffered sever financial damage and even financial ruin because they thought identity theft would not happen to them. No matter what your current financial state is like, where you live, or what your spending habits are, you are a target for identity theft. The truth is that everyone is at risk for identity theft, but fortunately there are things you can do to prevent identity theft from happening to you. Read more>>>>

Simple Steps You Can Take To Stop Identity Theft

According to statistics from 2006, identity theft happens to more than eight million people a year. As a result, there are a slew of companies offering services to prevent it. There ARE measures that the average person can take though that will help prevent identity fraud. This includes protecting your privacy,and your personal information, shredding mail and financial documents, and monitoring your credit diligently. You might also consider purchasing identity theft insurance. It won't stop it from happening, but it will prevent scammers from taking over your savings and ruining your credit. Read more>>>>

Things You’ll Need:

  • Knowledge
  • Awareness
  • Shredder
  • Caution

Tips & Warnings

  • Sign up to Receive Free Credit Alerts From Equifax. Please click on the link posted below to read my article 'How to Receive Free Credit Alerts From Equifax'
  • Monitor all your bank and credit accounts by single login by signing up for 'My portfolio' services. Many banks offer such services through their online banking. Please read my article 'How to Access Multiple Bank and Credit Accountidens by Single Login' below.
  • If you have a WAMU bad credit card you would be able to track your FICO credit scores on a monthly basis for free. Please click on the link below to read my article 'How to get a Free Monthly Credit Scores'

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