With identify theft on the rise, and even recent breaches in security on the IRS’ website, it is important now more than ever to safeguard your financial data. Lenders are required to provide their privacy policies, and give you an opportunity to opt out of certain practices. One area you can advise your creditors to leave you out of is in the selling of your data to other entities. While the practice is common, and is used for things like marketing new products or services, it can leave you exposed and vulnerable to ID theft. You might also be a victim of stolen identity when there is a privacy breach of mass proportions. We’ve all heard the stories about certain credit card companies experiencing breaches, and warning their customers of possible leaks in information. The best thing to do in these circumstances is to close your account, or request a new card with a different number.
Other things you can do to protect your financial data include:
● Check your mail daily, so offers for credit don’t sit in your mailbox for an extended period of time.
● Stop your mail from delivery when you go on long vacations, or ask a trusted friend or family member to retrieve your mail regularly.
● Shred documents that contain your personal information before throwing them in the trash.
● Don’t carry your social security card in your purse or wallet.
● Never provide personal information over the phone, unless you initiated the call.
A regular checkup of your credit report can be helpful in identifying possible privacy breaches, and help you to catch a problem early. The sooner you take action, the sooner you can avoid damage to your credit and finances. If you believe you’ve been the victim of a privacy breach, call us to find out what to do next.
We will review the facts of your case and develop a strategy specifically tailored for your needs. We offer an individualized approach and work with you to reach satisfactory results. Call a Plantation, Florida debt relief attorney today for more information.