You can reduce the chance a con artist can go on a spending spree with your
money or steal your identify by taking the following precautions:
- Give your Social Security number only when absolutely necessary. Ask to use
other types of identifiers when possible. If your state uses your SSN as your
driver's license number, ask to substitute another number.
- Sign credit/debit cards when they arrive. It's harder for thieves to forge your
- Carry only the cards you need. Extra cards increase your risk and your hassle
if your wallet is stolen.
- Keep your PIN numbers secret. Never write a PIN on a credit/debit card or on a
slip of paper kept with your card.
- Avoid obvious passwords. Avoid easy-to-find names and numbers like your birthday
and phone number.
- Store personal information in a safe place at home and at work.
- Don't give card numbers to strangers. Confirm whether a person represents a
company by calling the phone number on your account statement or in the
- Watch out for "shoulder surfers." Use your free hand to shield the keypad
when using pay phones and ATMs.
- Beware of blank spaces. Draw a line through blank spaces on credit slips.
Never sign a blank slip.
- Keep your receipts. Ask for carbons and incorrect charge slips as well.
- Destroy documents with account information. Stop thieves from finding
information in the trash by tearing up or shredding receipts, credit offers,
account statements, expired cards, etc.
- Protect your mail. Ask your local U.S. Postal Service to put your mail on
hold when you are traveling and can't pick it up.
- Make life difficult for hackers. Install firewalls and virus-detection software
on your home computers. If you have a high-speed Internet connection, unplug the
computer's cable or phone line when you aren't using it.
- Keep a record of your cards and accounts. List numbers, expiration dates and
contact information in case there is a problem.
- Pay attention to your billing cycles. A missing bill could mean a thief has
taken over your account.
- Promptly compare receipts with account statements. Watch for unauthorized
transactions. Shred receipts after verifying the charge on your monthly
- Check your credit report once a year. Check it more frequently if you suspect
someone has gotten access to your account information.
Despite these precautions, problems can still happen. If a card is missing or you suspect another problem, notify the company immediately. See Lost and Stolen Credit Cards and ATM/Debit cards.
If you become an ID theft victim, file a report with your local police. Keep a copy of the police report, which will make it easier to prove your case to creditors and retailers. Contact the credit-reporting bureaus and ask them to flag your account with a fraud alert, which asks merchants not to grant new credit without your approval.
To simplify the lengthy credit-repair process, the FTC now offers an
ID Theft Affidavit you can use (or call toll-free 1-877-ID-THEFT). All three credit bureaus and many major creditors have agreed to accept the affidavit. You can use this same web site to file a complaint with the FTC. [end box]
When dealing with ID theft, you can also get advice from the Identify Theft Resource Center.