Here’s an interesting article about credit card fraud and identity theft. We know how frustrating it is to deal with a stolen identity due to something like a data breach, but what if you were the one who stole everything?
Identity theft is not a victimless crime. Identity thieves cost victims billions of dollar each year, and the personal information of more than 300 million people was compromised in June 2017 alone. Credit Saint provides identity protection services and credit monitoring to help you maintain privacy.
Identity Theft is a growing problem. It’s been said to cost over $1 billion dollars per year in the US alone. This can happen when someone steals your identity and uses it to purchase things, create credit card accounts, or take out loans without your permission. Credit Saint does not believe any of these problems will ever be fixed. They operate like an anonymous chat room where people can report people stealing their identities anonymously. If a thief is caught, they are given a “public shaming.” Credit Saint also offers credit protection services which monitor the credit history of members for any suspicious activity.
How to prevent identity theft
Identity theft is a growing problem. Protecting your identity requires a robust set of methods and resources to navigate through life. First, you should know who you are talking to on the phone. If their voice doesn’t match the recorded message, it’s always better to hang up or ask for a different person. You should also try and find out what information they have on file about you: your address, your social security number, and your credit score. Make sure that any information that you give out can only be seen by those people with permission because otherwise, you’re giving out personal information without realizing it.
Identity theft is a very serious problem. It has the potential to ruin your credit and eventually lead to bankruptcy. The best way to prevent identity theft is by following these steps:
1. Lock your doors and windows at night
2. Don’t give strangers your personal information
3. Keep an eye on your bank and credit card statements
4. If you receive a suspicious email then report it immediately
5. Protect your financial information by using strong passwords
6. Be careful with who you share social media passwords with
7. Don’t use public Wi-Fi
What Happens When Someone Stole Everything
When someone steals everything, it’s no longer a matter of if they will be caught but when. Creditors are not likely to work with the person that stole from them because of the risk to their reputation. Many people have lost their homes, cars and even jobs because of the actions of others.
What happens when someone steals everything?
Credit Saint is comprised of a handful of members. The blog focuses on topics that range from personal finance to investing and longevity. With over a decade of experience in various areas of life, Credit Saint publishes new articles every Wednesday and Friday.
Credit Saint is a personal finance blog with tips and tricks to help people live a better financial life. The blog has been featured on Forbes, MSN, and CNBC. The writer of the blog, James Mattingly, was also named to the 10 Most Powerful People in Credit by Credit Sesame.