Identity Theft Facts Are Shocking

Many people are affected by identity theft every day, and these victims suffer for some time after thieves steal their identity. The increase in this crime makes it important that everyone learns the important identity theft facts so they can avoid becoming a victim in the future. Once people realize how these criminals work these identity theft facts should help protect them from these awful thieves.

People sometimes become victims of identity theft when they write a check, when they order something on line and when they rent a car. Ordinary activities may place people in jeopardy, and those who are familiar with the identity theft facts advise that everyone should be aware of their surroundings. People can take this and other measures to protect themselves.

People must continue to do these routine actions, but they must take appropriate steps when doing some of these routine actions to protect themselves. The Federal Trade Commission collects identity theft facts and passes these facts to the public. This agency is most responsible for combating this crime so the identity theft facts collected is extensive.

Identity Theft Facts can Provide Some Protection

People who work in centers that provide identity theft facts have determined what precautions people might take to avoid identity theft. These identity theft facts help from time to time so everyone should pay attention to these identity theft facts and they should follow the advice when possible.

Every person should know that these thieves can take the needed information from one’s pocket or from one’s computer. Information should be in a secure place so workers or roommates do not have access to personal information. People should have a shredder so the information put into the trash cannot be taken by people looking for something to steal. Some of these thieves get their information from the garbage.

There are so many identity theft facts that are important for individuals. These are important facts for those who have been victims as well as those who need to protect themselves to avoid being a victim. Every person should monitor their bank accounts and their credit reports.

Accounts and reports could show signs that someone has stolen your identity. Any unauthorized withdrawal or expenditure may be a mistake by the bank, but these could also be signs that someone has stolen your identity. People should be careful of any transactions that they make via the internet. Accounts should have passwords and a customer should never give their password to anyone.

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Disturbing Facts About Identity Theft

As I researched a series of articles about identity theft, I came across a lot of statistics.  The shudder down my spine grew colder and more intense with every number.

Did you know that only 20 percent of identity theft involves credit card fraud?  It’s true, according to the latest statistics available from the Federal Trade Commission.  Identity thieves use stolen information in countless ways.  Without giving the bad guys any ideas, let’s just say that they can mess up your entire life, not just your credit.

Furthermore, only 11 percent of identity theft is committed by high-tech methods, and 48 percent is committed by someone known to the victim.  This means that the receptionist at your dentist’s office or a hotel clerk is the one who is most likely to steal your identity, not the zit-faced hacker in the Ukraine.  Even if you shred every document, never lose your wallet, and never touch a computer, you can be victimized.  Unless you plan on physically looking over everyone’s shoulders all the time, you had better find another way to protect yourself.  

Why bother worrying about it?  Because identity theft is an easy crime to commit, and it is being committed more and more often, rising from 2007 to 2008 alone by 22 percent. In fact, the incidence of identity theft has risen steadily for the past decade.  With the economy mired in the doldrums, this trend will surely continue.  

Why is identity theft increasing?  Desperate people who wouldn’t otherwise turn to crime see it as almost a “victimless crime” since fraud protection laws now place most of the financial burden on banks.  These people get to work quickly once they have your information.

Here is another fact about identity theft:  The damage happens fast (usually beginning within one week of the information being acquired, according to the FTC), but it takes many aggravating hours (over 70 on average) to undo if it can be done at all.  Some people do not find out that they have been victimized until years later when the IRS audits them for income attributed to their Social Security number but not claimed on thier taxes.  Other people find out that the thief has committed other crimes and used thier stolen identity when caught.  Imagine learning that you’ve been arrested for burglary in another state!

The key to avoiding all this is to remember the adage, “Prevention is the best medicine.”  Identity theft is like a disease in the sense that preventing it is preferable to treatment.  In the event that you get the disease, early diagnosis and treatment are the best way to beat it.  

Which brings us to the good news:  Tools have been developed to help people protect themselves, and these are becoming better and less expensive all the time.  If you have anything to lose, the facts say you should look into them. 

Get more facts and identity theft protection tools!

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Facts Every Woman Should Understand Regarding Money

Riverside, CA (PRWEB) May 09, 2014

Springboard Nonprofit Consumer Credit Management, Inc. (“Springboard”) is celebrating Mother’s Day by delivering attention to women’s special financial requirements plus equipping them with tools to greater know plus manage their financial future. In recognizing the great historical achievements of ladies, Springboard is encouraging all females to review their financial objectives plus establish a program to accomplish them.

“Our financial legacy is frequently determined by the decisions you create now,” mentioned Melinda Opperman, Springboard’s senior vice president. “As you enjoy the moms this month, today is an great time for ladies to look at their financial objectives plus have an honest conversation regarding their active financial state,” mentioned Opperman.

Springboard encourages females all year lengthy to take control of their financial future by becoming educated about significant income issues. To aid girls reach their objectives, the agency provides a series of financial literacy workshops entitled, P.E.A.R.L.S, that stands for Preserving, Earning plus Acquiring Real Life Skills. The workshops are geared towards women plus cover significant subjects like learning credit reports plus scores, utilizing credit carefully plus avoiding predatory lending treatments.

“As ladies outlive guys inside virtually each society, it is very significant which ladies be educated plus establish a habit of creating informed financial decisions,” mentioned Opperman.

In recognition of Mother’s Day, Springboard has the following pearls of wisdom:

1.    Women that have a created program are more probably to accomplish their objective. Putting a financial program inside composing is effective. Something magical occurs whenever a objective is created down. The mind begins functioning about solutions as well as the individual becomes emotionally committed.

2.    Women whom have a savings program inside area save over girls whom don’t. Research shows which folks with a savings program inside area save about twice because much because those without program.

3.    Women tend to have lower retirement program balances. Women frequently spend longer away within the staff raising kids or looking after aging parents. Women are equally more probably to function inside part-time jobs which don’t qualify for a retirement program. As a outcome, females tend to make lower than males plus have lower retirement program balances plus pension advantages. Springboard encourages girls to create retirement planning a goal by placing revenue away sooner thus which investments can have longer to develop.

4.    Women are surprisingly probably to be entirely responsible for financial choice generating at certain point inside their lives. Women have a longer existence expectancy than guys plus many wedded girls usually probably outlive their spouses. For this cause, females should understand how to manage their finances particularly throughout the years which they could discover themselves living alone.

5.    Women require different types of insurance at different occasions inside their existence. Nobody would like to be over-insured or under-insured, causing an unpleasant surprise whenever generating a claim. Make an appointment with a trusted adviser to confirm the coverage which is required plus affordable. Avoid obtaining insurance which is unwanted. Inquire regarding methods to lower costs, plus ask regarding any discounts for loyalty, superior driving as well as the bundling of several polices. Be certain plus comparison store.

6.    Women are more probably to be victims of identity scam than males. According to a research by the fraud-tracking fast Javelin Strategy & Research, girls are 26 % more probably than guys to become the victims of identity theft. Identity theft prevention is an significant aspect of total individual financial literacy. Springboard’s Identity Theft Awareness booklet is accessible for free download at the agency’s online understanding center.    

7.    Women account for 85 % of all brand purchases. According to analysis, ladies carry out almost all of the buying needs for the family. Distinguishing the difference between wants plus requires is key to living in the budget which involves saving for a rainy day.

8.    Women must usually keep an up-to-date copy of their credit report. Much of one’s financial future depends found on the contents of their credit report. Consumers are authorized 1 free report from every of the 3 main bureaus when each twelve months. All 3 reports can be obtained at when, that is a wise decision when a main buy is found on the horizon. Requests can equally be staggered, that is a superior method to check for identity theft. Credit reports can be utilized at http://www.annualcreditreport.com.

For info found on the upcoming P.E.A.R.L.S. workshop series, please contact Springboard at: 800-449-9818 or see their site at Springboard.org.

About Springboard Nonprofit Consumer Credit Management, Inc.

SPRINGBOARD® Nonprofit Consumer Credit Management is a 501(c)(3) nonprofit individual financial knowledge plus guidance company founded inside 1974 with all the mission of improving the financial well-being of people plus families. Springboard is a HUD-approved housing guidance agency along with a associate of the National Foundation for Credit Counseling plus Association of Independent Consumer Credit Counseling Agencies. Springboard has individual financial knowledge plus assistance inside credit guidance, housing guidance, debt plus funds administration, pre-bankruptcy guidance plus debtor knowledge by educational programs plus confidential training. Springboard is certified by the Council about Accreditation, signifying the greatest practices for agency governance, fiscal integrity, counselor certification plus service delivery policies. Counseling is accessible by phone nationwide or in-person at workplace places inside California, Arizona, Nevada, New Mexico, Texas, Massachusetts, South Carolina, Florida plus Maryland. For more info about Springboard, please call 800-449-9818 or see their website at Springboard.org.

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