How to Avoid Being The Victim of a Fraud

No one is invincible to fraud, and if you're not careful, someone can get a hold of your personal information and steal your identity. Regrettably, some victims aren't aware of a problem until they're turned down for a loan due to credit issues. Rather than delay a loan process to clear your name, take steps now to protect your identity and avoid fraud.

Instructions

1

Run bill statements and other documents through a shredder. Anyone can easily obtain your credit card bills and bank statements if you toss them in the trash. Destroy items with a shredder before discarding.

2

Know the location of your wallet and credit cards at all times. If you don't plan on shopping with a credit card, leave the card at home to avoid someone stealing your wallet or getting a hold of your account number. Keep wallets and purses locked in a drawer while working, and don't leave personal belongings unattended.

3

Check your mail closely. If a credit card or bank statement doesn't arrive in the mail, pay extra attention to your account. Enroll in online bill pay to easily monitor account activity online. Report unauthorized use immediately. In many cases, your credit provider will require you to file a police report.

4

Shop online with care. Only buy from websites with a security logo -- usually a padlock -- to reduce the risk of hackers breaking into the site and swiping your information.

5

Keep credit card numbers private. Never give someone your personal information through email or over the telephone -- regardless of who they claim to represent.

6

Get your credit report yearly. Annual Credit Report lets every consumer review his personal report each year. Access all three reports free by visiting the company's website. Regular monitoring helps you detect fraud early and dispute unauthorized accounts.