| How identity theft occurs
Identity theft occurs in a variety of ways for example; in the course
of a busy day, you may write a cheque at the grocery shop, charge theatre
tickets, rent a car, post your tax returns, change service providers for
your cell phone, or apply for a credit card. Chances are you don't give
these everyday transactions a second thought. But an identity thief does.
Identity theft is a serious crime. People whose identities have been
stolen can spend months or years and thousands of dollars cleaning up
the mess the thieves have made of a good name and credit record. In the
meantime, victims of identity theft may lose job opportunities, be refused
loans for housing or cars, and even get arrested for crimes they didn't
commit.
Despite your best efforts to manage the flow of your personal information
or to keep it to yourself, skilled identity thieves may use a variety
of methods to gain access to your data.
How identity thieves get your personal information:
They may get information from businesses or other institutions by:
stealing records or information while they're on the job
bribing an employee who has access to these records
hacking these records
conning information out of employees
They may steal your mail, including bank and credit card statements,
credit card offers, new cheque books or tax information.
They may rummage through your rubbish bins, the rubbish bins of businesses,
or even public rubbish dumps.
They may steal your credit or debit card numbers by capturing the information
in a data storage device in a practice known as "skimming."
They may swipe your card for an actual purchase, or attach the device
to an ATM machine where you may enter or swipe your card.
They may steal your wallet or purse.
They may complete a "change of address form" to divert your
mail to another location.
They may steal personal information they find in your home.
They may steal personal information from you through email or phone by
posing as legitimate companies and claiming that you have a problem with
your account.
How identity thieves use your personal information:
They may call your credit card issuer to change the billing address on
your credit card account. The imposter then runs up charges on your account.
Because your bills are being sent to a different address, it may be some
time before you realise there's a problem.
They may open new credit card accounts in your name.
When they use the credit cards and don't pay the bills, the overdue accounts
are reported on your credit report.
They may establish phone or wireless service in your name.
They may open a bank account in your name and write bad cheques on that
account.
They may issue counterfeit cheques, credit cards or debit cards, or authorize
electronic transfers in your name, and drain your bank account.
They may buy a car by taking out a car loan in your name.
They may get identification such as a driver's license issued with their
picture, in your name.
They may get a job or file fraudulent tax returns in your name.
About the author
John Mussi is the founder of Direct Online Loans who help UK homeowners
find the best available loans via the www.directonlineloans.co.uk
website. |
|
» Controlling
the price changes in futures markets
The lock-limit is one way that the markets can be controlled.
» How
much will price changes effect stock trading?
Price elasticity is an economics term that refers to
the way that price changes of stock can affect the demand for that
stock.
» Large
volume trading in steps
Program trading is a term that is also used in at least
two different (though similar) meanings.
» How
many stock options are available?
Open interests are not a feature of all stock market trades.
In fact, open interests are calculated based on options and futures
trades.
» Protect
your portfolio from large losses
If you are worried about the stock market, then you
might want to consider portfolio insurances.
» Insure
your investment without limiting returns
Are you looking for a way to trade on the stock market
without having to deal with all of the risks?
» Regional
funds explained
Increase your portfolio diversity with funds from other
regions.
» What
is a derivative?
Invest in commodities without buying the commodities themselves.
» What
is an option?
An option is an agreement that a commodity or stock
will be available for purchase at a set date.
» Should
I always pay a commission when buying mutual funds
There are three main types of mutual funds when it comes
to commissions.
» Find
the lowest risk investment portfolio
If you're trying to find a good investment portfolio,
then you may want to look at the Treynor measure.
» The
difference between PAX World Funds and The World Funds
The first type is purchased through the company PAX,
and these funds focus on socially responsible companies.
» The
Alpha factor explained
A new method of differentiating between different investments.
» How
good is your planned investment
A company prospectus is a legal document that has been
filed by the company that you might be thinking about investing
in.
» How
do I find the best investment advisor?
If you're looking for the best investment advisor for
you, you should make sure that you pay attention to the type of investments
that that advisor usually recommends.
» How
to find the best full-service stockbroker - ask questions
Before you decide who you should choose for your full-service
stockbroker, make sure that this is the best option for you financially.
» Investing
in commodities
Investing in commodities is not too hard to do - the
real problem comes in when you are trying to decide which commodities
you should invest in, and when it is better to buy or sell a particular
product.
» Don't
wait to get your retirement payments!
If you're looking for an annuity, there are a variety
of different annuities to choose from.
» Multisector
bond funds explained
If you are looking to invest in bonds, but you are not
sure that you want to deal with making all of the purchases on
your own, bond funds might be the right option for you.
» Private
annuity explained
The biggest difference between a regular annuity and
a private annuity is that private annuities take place between
two individuals, instead of between an individual and an insurance
company.
» Avoid
estate taxes with a life insurance trust
If you're looking for another way to insure yourself with
a life insurance policy that will avoid any taxes after your death,
then you should look into getting a life insurance trust.
» What
is a Section 1035 policy exchange?
Don't lose insurance money when you change policies.
» Who
should consider annually renewable term life insurances?
If you're looking for a good insurance policy, then
you should probably take a good look at your financial situation,
and at what you can count on being your situation in the future.
» Death
benefit only plan explained
If you need life insurance, but you are not able to afford
the regular price for life insurance, then you might want to look
into a death benefit only plan.
» How
to save money on your homeowner's insurance
In the case of homeowner's insurance, the most common
way to reduce the amount of money that you will be paying each
month is to increase your deductible.
|
|
|
Please visit Sitetube.com
and learn how to profit from your website.
|
|
|
