Wednesday, October 31, 2007

Top tips to beat the fraudsters

Despite increased awareness of identity theft, many people are still putting themselves at risk by throwing away private information without a second thought.

Research shows two thirds of the population are still failing to destroy confidential documents, with most homes not even owning a shredder.

Home Office figures show identity fraud costs the UK a whopping £1.7BILLION each year.

And it is not only bad news for the economy, it can have catastrophic consequences for victims as well.

Stealing your identity can mean the emptying of your bank account and the loss of your credit rating.

Once you have been black-listed for credit, it can take years to recover.

Many victims of fraud don't even know they have been targeted until it is too late. The best protection from ID fraud is to dispose of confidential details properly. The ideal way to do this is to shred papers before binning them.
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[Source: Google News Search Results for credit cards]

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