Identify theft is a big problem. This article from a fellow Alliance of Cambridge Advisors member provides some great hints to help you safeguard your identity.
According to a Javelin Strategy & Research report, 11.6 million adults in the United States had their identities stolen last year. Some of these crimes are relatively minor, such as the unauthorized use of a credit card number. In other cases, the perpetrators have used stolen identities to rent a home or buy a new car. Here are some practical steps you should take to protect yourself and your family.
● Safeguard your Social Security number. This is the best step you can take to prevent the most serious forms of identity fraud. Take your Social Security card out of your wallet or purse. Never give out your Social Security number to anyone who calls, emails or texts requesting personal information. In general, your bank, insurance company, doctor’s office or anywhere else you have an existing relationship will not call you for personal information. If a business you have an established relationship with calls requesting personal information, politely hang up, look up its contact information independently and call the business back. You might even prefer to visit the nearest local office and handle it in person.