Identity Theft Increases During Busy Shopping Times

Identity theft continues to be one of the fastestare also others. For example, using your identity
growing crimes of this century, and is thought toto get health care coverage or social security
also be the largest and fastest growing whitebenefits is something gaining more visibility as time
collar crime in the US. It becomes increasinglygoes on. This puts an additional strain on the
easy for identity thieves to get enough of youralready skyrocketing costs of health insurance,
personal information to steal your identityand could also affect your health records at your
especially during busy shopping times of the year.doctor's office since those records are no longer
The easiest way for a thief to steal your identityaccurate if they are actually treating someone
used to be via dumpster diving, an activity whereelse for an ailment that you do not have.
the thieves would sift through people's trash toIdentity theft can cause extreme situations, so do
get their personal information. Just think aboutnot think for a minute that while it might be an
how often you get a pre approved credit cardinconvenience, it is not the end of the world.
offer in the mail. If you have decent credit, youConsider a case a few years ago where a
probably get multiple such offers each and everyteacher whose identity had been compromised
week. Or what about those bank statementswas charged with prostitution. Although it took
from 5 years ago, or perhaps your credit cardmonths to resolve and the teacher was
statements after you have paid the bill? Mosteventually cleared of the bogus charge, the school
people simply throw them in the trash withoutdistrict finally just let the teacher go because it
even ripping them up, which makes them primewas far more trouble than it was worth to
property for these dumpster divers. It does notcontinue fighting against the charge, which is
take a rocket scientist to piece even a ripped upsomething people will remember and really
statement back together so they have enoughwonder about as time goes on.
information to steal your identity.The cost to the victim can be enormous. On
For virtually ANYTHING that you discard into theaverage, an identity theft case costs the victim
trash that has your personal information on it,more than $92,000 in financial loss, the thief has
invest in a paper shredder. These are readilywritten more than 70 checks in the victim's name,
available at just about any office supply store forand has opened about 8 credit card accounts in
about $35, and the amount of potential grief thisthe victim's name. Be aware that if you do not
could save you is far more than the purchasediscover the theft within 60 days of the
price of the paper shredder.transaction date, some credit card companies will
Many people think of identity theft as beingstill hold you responsible for the charges.
financially related, where the thieves use yourBe careful with your personal information, since
identity to get money or buy products using yourbecoming a victim of identity theft can take
good credit reputation. While this is certainly themonths and even years to straighten out.
most common benefit for identity thieves, there