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Wednesday, February 18, 2009

5 Tips to Help Make Your Identity Safe

By Harvey Warmuth

As you live your daily life, you need to be aware of the steps that you can take to not become identity thefts next victim. There are several common sense steps that you can take to minimize the risk to your identity. Only you truly care about the security of your personal information, so make sure you do what you can to ensure its safety.

Below are five tips that you should consider following if you want to make sure that your identity is safe. After all, it is up to you to make sure that your information remains secure.

1. Mail security: The mail that you receive can be full of information that an identity theft needs to assume your identity. From credit card applications to bank statements, your mail is full of information that can be used to assume your identity. Try to limit the amount of mail with personal information you receive by getting banking statements online and opting out of credit card applications.

2. Debit card issues: You might want to think twice when you use your debit card as a credit card. Because the money is taken out of your savings or checking account immediately, someone can very easily drain your account before you know what is going on. Use a real credit card instead because you will be better protected.

3. Writing checks: Do you still pay with checks? Do you understand that your checking account number and routing number is clearly printed on every check that you write. This information is very easily used to draw money directly out of your account without you knowing about it, so you really should stop writing checks.

4. Virtual credit card number: Many financial institutions are offering their clients a one-time use, virtual credit card number. Because these credit cards can only be used one-time, they are basically useless if they were to fall in the hands of a criminal.

5. Personal information kit: You need to keep track of all of your account numbers associated with all of your bank accounts. You also need to make copies of important documents including your social security card and passport. You will need this information should you ever become a victim of identity theft, so now is the time to organize your financial life.

The above tips are designed to help keep your identity from being stolen. It is also a great idea to make use of an identity theft protection plan offered by a reputable company. While you can try as hard as possible to not become a victim of identity theft, it is nice to know someone else is looking out for you as well.

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