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Credit Education > Identity Theft > Identity theft prevention – Protecting your identity from the outside world

Identity theft prevention – Protecting your identity from the outside world

By Janet Lacey
Published: Friday, April 27th, 2012

The identity theft has become a serious problem in the past few years. Those who don’t know how to properly use their credit cards are vulnerable to all sorts of problems because there are people with solid computer knowledge who can steal your pin codes and thus, your money. Make sure that nobody cashes in your identity by following a few prevention steps. Even though it sounds strange and almost impossible, there are ways in which the identity theft can be prevented, so it is a good idea to learn as much as possible about them.

One thing that you should learn is that you can never be too overprotective with the PIN numbers. A recent study showed that most identity thefts happen when people use the ATM. Some people don’t memorize their PIN numbers and have to write them down; they keep the paper in such a manner, so that the person behind them sees the numbers written down on it. This is more than enough for someone specialized in identity theft to take your identity. Other people memorize the PIN numbers, but they don’t pay attention towards what is happening behind them while they are using the ATM. Whenever you use the ATM, make sure that there is nobody too close behind you; if there is someone too close, politely ask the person to give you some privacy. If the person seems not to offer you the privacy you need, then move to another ATM.

Another way in which you can prevent the identity theft is by changing the passwords on a regular basis. Of course this might be confusing at the beginning, but you will get used to it after a while. The PIN number is just four digits, so it should not be a problem to memorize a new one every 6-7 months. If you receive an unsolicited call and you are asked to give your credit card number, you must refuse it! Never give your credit card number or your PIN number to someone who contacts you through phone. You shouldn’t give the PIN number not even to the employees of the bank you work with. It is extremely important to understand that anyone can contact you by phone, claiming to be a bank employee!

If you have credit card receipts or loan applications that in the end you gave up using, tear them in small pieces. Someone can take a loan application containing your information and make a loan on your behalf. This means that you would have to pay for the loan, even though you are not the one who took the money! There have been cases in which people threw away the loan applications and found out after a few months that they were facing financial problems because of unpaid credit bills. Proving the fact that you are not the person who took the loan is going to be difficult, so you would have to pay the monthly rates until you prove that you are just an identity theft victim!

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