Identity Theft Protection Myths
August 27, 2008
To the average unsuspecting person, identity theft is a crime waiting to happen without some form of protection. Financially its going to cost; money is lost from work because of time needed off as you attempt to right all the wrongs visiting the police, bank managers and loan companies plus all those phone calls to the credit bureaus and credit card companies. Then there is the time, it can take years to correct a credit score.
Many, if not all of these things are handled by experts for you if you have signed up with one of the identity theft protection companies such as Life Lock.
With someone like Life Lock helping you your reputation will soon be restored because they have experts who know exactly how to deal with the various agencies.
Below are a few of the myths doing the rounds about identity theft.
* Identity theft is committed by organized crime or con artists in North Africa using their computer.
You are much more likely to know the thief than it be a stranger.
* You can only ask for a fraud alert if you have proof of an identity theft crime or attempt.
Unfortunately the credit bureaus don’t like fraud alerts because of the extra work it causes them. People under Life Lock protection don’t have to worry about this as they take care of the applications and renewals for you.
* I’m not old enough to worry about identity theft and besides, it’s only senior citizens that are targeted by identity theft criminals.
Most identity theft victims are aged between 20 and 40.
* So what if someone does steal my identity? I don’t have to pay any credit card debts or bills a criminal ran up in my name.
You are liable if you do not report the crime in a timely manner.
* The best place for my social security card is tucked away in my purse or wallet.
A recent Sun Life Financial survey found that 40% of Americans questioned had their social security number with them in their purse or wallet. Why? When was the last time you needed it during a day out shopping?
* No one can access my credit report except unauthorized persons.
All that is required to access a person’s credit history is a name and address and their social security number.
Protect yourself from identity theft with a company like Life Lock and avoid many of the above situations
Tags: identity theft
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