Identity Theft

Your personal credit card information and other aspects of your identity are very valuable to fraudsters. Criminals will exploit all the means open to them to steal your identity and personal information and to use your details to open bank accounts, obtain credit cards, loans and even state benefits and driving licenses.

You’ve probably come to Cardchoices to compare credit cards, but if you are applying for or have current credit cards you should also be aware that identity theft is serious problem and that you should treat your personal credit card information with extreme care.

Here’s some alarming statistics:-

  • Incidents of identity theft increased by 32% in the UK in 2009
  • 47% of victims of identity theft have trouble obtaining loans or credit
  • 77% of household waste contains at least one piece of useful information to identity theft fraudsters

As well as protecting your credit card PIN, think about your credit card statements and what you do with them. What do you do with your household utility bills and bank statements once you’ve finished with them? If you want to throw them away, shred or destroy personal details whilst the paperwork is still in your possession.

Identity Criminals can also contact you pretending to be from a legitimate organisation and use small bits of information they may have obtained from your rubbish to convince you they are from your bank or utility company.

If you’re worried about identity theft, there’s a new service from a company called PrivacyGuard which monitors your key identity and credit card information and helps to defend the integrity of your identity. They can even provide you with a free copy of your credit report today.

If you are a victim of identity crime, they can also help to sort our your credit file and get you back on track with credit reference agencies with the minimum of fuss. They also provide the latest information and advice on preventing identity fraud.

If you feel that you’ve been the victim of identity fraud or you worried about your credit score you can contact the key credit reference agencies Equifax and Experian and they’ll help you to sort it out.

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