Skip to content

Credit Absolute

How to Protect Yourself from Identity Theft

Protecting Against Identity TheftYou can’t ignore the dangers of identity theft in the digital age. Online management of financial resources has made consumers more vulnerable to hackers and imposters. According to a statement by the Insurance Information Institute, 16.7 million cases of identity theft were reported in 2017. These numbers are not going to decrease any time soon. 30% of US consumers experienced a data breach last year. The US government and consumers should work together to curb the rising crime of identity theft.

What is Modern Day ID Theft?

A data breach or identity theft is an illegal attempt to use someone else’s credentials for fraudulent activities. The US government recognizes identity theft as a Federal crime. Anyone found guilty of identity theft in the US could face jail time of 1-7 years. Identity theft has become a grave concern for consumers. The Consumer Sentinel Network maintains a record of consumer fraud and identity theft in the US. According to them, they received 3 million complaints in 2018 related to identity theft and fraud.

How does Identity Theft Work?

Thieves steal personal data from consumers through various tricks. These tricks range from acquiring bank statements from the mailbox to hacking and online scams. This information gives the thieves access to financial and social accounts of the victims. They use the compromised credentials to gain access to financial accounts.

What is The Use of Stolen Identities

Theives have the intention of using the breached information for fraudulent activities. Imposters use compromised data in the following events.

  • Opening of new financial accounts
  • Getting access to the existing financial accounts
  • Insurance fraud
  • Online shopping from victim’s account
  • Selling victim’s information in the Black Net
  • Using the victim’s identity in criminal activities

Protection from Identity Theft

Identity theft brings a string of interconnected losses and disappointments for victims and their families. It is better to take preventative measures beforehand to protect your data from identity thieves. Identity protection aims to add a series of complicated steps in getting personal information. Remember that identity thieves alway seek easy targets. Anything that does not play by their rules discourages them. You can strategically protect your data by taking these steps.

Use Strong and Different Passwords

Unprotected houses are always robbed first of their valuable items. Similarly, a computer or financial accounts without a strong password attracts identity thieves. A survey report by Experian states that 50% of total US citizens do not add password protection to their digital devices. Lack of password protection makes people an easy target for identity theft.

Moreover, do not make the mistake of using a single password for all of your social and financial accounts. Imposters are going to try their luck on each of your accounts. That is why using different passwords ensures safety to your accounts.

Maintain a Record of Your Financial Activities

Your bank accounts and e-wallets contain your wealth; leaving their activities unrecorded is not a wise move. It is a little difficult for anyone to remember all of their transactions. However, maintaining a record is essential for the protection of your data, and it doesn’t take a lot of time if maintained regularly.

Identity thieves do not make big moves initially. They make gradual advances to take over your financial accounts. A single suspicious transaction can give you a clue of possible theft of your identity.

Avoid Clicking on Malicious Links

Thieves lure their targets by sending them malicious links in emails and text messages.  Breached data gives the hackers control of most of your existing accounts. They can also order new services for them by using your name and money. Never enter your login or bank details to an insecure site. Doing so can make access to your information easy for hackers.

Never Give Away Sensitive Information About Your Financial Accounts On Phone Calls

A call from customer service asking for your PIN Code or social security number is an alarm bell. Nowadays, banks educate consumers to avoid giving login details to anyone on a call. A true representative of your financial institution will never ask sensitive information about your financial accounts.

Thieves seeking information pretend to be part of financial institutions. In the case of getting a suspicious call contact your financial institution and report the suspicious call.

Protect Your Documents with Personal Details

Do not leave hard copies of bank statements and credit card details in your mailbox because ID thieves do not spare your mailbox. For tackling mailbox theft, you can instruct your bank to send soft copies of your bank statements. Moreover, by using the option of particular instructions, you can also fix the delivery time of your documents. In short, never give a chance to the thieves to steal away your information.

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

« Previous Post

Can Identity Theft Affect Your Credit?

Next Post »

How Long Does Bankruptcy Affect Credit Scores | Average Bankruptcy Times

Schedule a No Cost Credit Review & Receive Our E-Book

Credit Absolute
4.8
Based on 117 reviews
powered by Google
Ulysses Martinez
Ulysses Martinez
21:06 05 Jun 20
Credit Absolate is helping me get my credit score up. They have done by far a fantastic job. I couldn't be more happy with the experience and the customer experience is phenomenal as if your part of the family. They make sure you understand your credit usage and the educational videos are very clear. They are changing my life around. Just being with them for 2 months I got my score from poor to fair and dropped of some accounts from my cresit report. I cant thank them enough. Truly a success story
Angel  Maldonado
Angel Maldonado
14:27 30 May 20
They are amazing! Not just Derk but the whole team is great. The videos they provide are so helpful. They just don't help you improve your credit score, they also teach you how to manage your credit score. If you have bad credit contact them 1st before you even start trying to fix your credit on your own!!!
Keith Russell
Keith Russell
23:40 29 May 20
Easy to work with. Very fact based and focus on teaching me how the credit scoring system really works. My credit score increased by 100 points. Best investment in my credit worthiness. Great customer service, this is the real deal.
Fanisha Vela
Fanisha Vela
16:05 05 May 20
This is a wonderful team to work with. They have made the process so easy and efficient. Results seen within the first round of action!
Brandon Dickinson
Brandon Dickinson
01:04 26 Mar 20
What an awesome team. They work hard and get things done. My credit has jumped amazingly and the coaching videos are very informative to every detail. Would recommend this company to anyone looking to better their credit.
Bre Udave
Bre Udave
22:59 04 Mar 20
this has been one of the best experiences i've had working with a company! i am very happy with my success thus far and everyone (especially Leslie) has been so helpful with everything! If you're looking to fix your credit, stop searching and use this company!!
Steven Lasseson
Steven Lasseson
14:51 28 Feb 20
I've tried a few other credit repair companies and Credit Absolute has provided the best service I've come across. In just over a year, they were able to get numerous items removed from my credit report. The process is simple, the staff is easy to work with, and the results are everything you'd hope for. If you are looking for help in your journey to financial freedom, do yourself a favor and give Credit Absolute a call.
Kade Deeyor
Kade Deeyor
21:51 19 Feb 20
Credit Absolute has been a huge help for me. Since the beginning I’ve seen an enormous increase in my credit score. Felicia and Leslie are especially helpful, concise, and very informative. They both always get back to me within minutes if I have any questions or concerns. I would highly recommend Credit Absolute to anyone seeking a better understanding of how Credit Scores actually work or if you’re looking to increase your scores.
Phuong Mai Pham
Phuong Mai Pham
17:56 13 Feb 20
Credit absolute has helped me tremendously over the past few months. My scores for all 3 credit bureaus have increased by 50+ points. I appreciate the education on credit. I am now much more knowledgeable and strategic about when I should and should not use my credit cards. I look forward to my progress as my goal is to purchase a home by the end of the year!
Doug Donaldson
Doug Donaldson
06:13 21 Dec 19
I noticed a few changes on my credit report that had lowered my score which concerned me and after looking at reviews online I decided to set an appointment with Derek at Credit Absolute. I was fully expecting to spend hundreds of dollars for his advice on what I should do to get it back up to where I had it. After consulting with him and looking in depth at my report, he gave me some tips and helped me understand how the 3 bureaus work and what I could do to increase my score. Best of all..... he didn't charge me a penny. Derek is an honest guy, running an honest business, and if you are looking to build your credit score then he is the guy to turn to. It was about a year ago that I met with him and my score is up over 90 points. 10/10 would recommend Derek at Credit Absolute!
Ashley Krolak
Ashley Krolak
21:58 25 Nov 19
Thank you to entire team at Credit Absolute! We have accomplished so much in a short amount of time. They have helped my whole family increase our scores. They are organized, helpful and get the job done all while teaching you helpful hints along the way. I highly recommend this company for any credit needs.
dan uyematsud
dan uyematsud
21:29 13 Nov 19
Simply the BEST!!!!!!! Derick, Felicia and Becky are extremely good at their job. They work very hard to teach one how to improve their credit as they work very hard on their end to build your credit. I am very pleased as I see my credit score increasing in a short period of time. Thank you again, Dan U
nestor victore
nestor victore
22:14 04 Nov 19
You guys have done an amazing job, I'm very happy with my score has improved over 100 points. I'm happy with you guys services and help, thanks.
Tina Abbott
Tina Abbott
02:07 01 Nov 19
My experience with Credit Absolute has been nothing but wonderful! The entire staff are very knowledgeable and understanding. Felica is the one of the nicest people.
Christopher Moore
Christopher Moore
15:10 03 Oct 19
Communication with Derick and the team couldn't be better. I spoke directly to Derick and he was upfront, honest and didn't waste time. I would certainly recommend Credit Absolute to anyone who is looking into credit repair. They'll give you an honest overview of where you are and what they can do to help you reach your goals!
David Burgess
David Burgess
19:02 20 Aug 19
Derick and his team have been extremely helpful and informative throughout this entire process. I would recommend to anyone who wants/needs to repair credit quickly! Worth more than the money without question!
steve moore
steve moore
23:32 16 Aug 19
Derick and his team were awesome! I would highly recommend their services if you are looking to refurbish your credit score!!! +A all around for his team and the willingness to help me out !
Zacary Roberts
Zacary Roberts
03:00 26 Jul 19
Felicia helped me out so much, the company is professional l, but they treat you like your their only client. They are thorough and honest and my credit score has gone up remarkably ever since I started working with them. Thank you so much!
Chris Gunn
Chris Gunn
18:50 25 Jul 19
Good folks. Money well spent. Their service works! I finally got my credit straightened out to where I could buy a home because of them.
Christy Russell
Christy Russell
15:37 25 Jul 19
This company provides a great service! Friendly staff, plain-spoken, direct, no nonsense. They really make you feel like they care. Simple and straight-forward approach. They analyze your credit report and quickly make a plan to step-by-step repair any flags. I highly recommend their program.
Christian Wunder
Christian Wunder
19:35 18 Jul 19
They have been great to work with. Going on 3 months now and my score has taken a huge jump. I've had items removed from my credit and every month we go over our strategy to maximize the improvements. Highly recommend :)
Baron Adelmann
Baron Adelmann
21:59 26 Oct 17
Derick and his team have helped me tremendously! He explains the process of improving your credit and does all of the work for you! My credit score has improved drastically and I know that I couldn't have done it without the help of Credit Absolute. Because of them, my business has continued to thrive in a way I never thought possible. Thank you Derick and the Credit Absolute Team!
Gabriela Lovelace
Gabriela Lovelace
23:17 30 Jun 17
I want to thank the wonderful team of Credit Absolute for all the work they did in help me clean my credit! They have teach me how to keep my credit clean and how to make it grow! I will be their customer for life and I recommend to anyone who needs help with their credit! Credit Absolute you are awesome!!!!
Sho Sho Smith
Sho Sho Smith
22:31 16 Feb 17
Derek just made my day when I thought my credit was being compromised due to a balance on my late husband's credit card. He checked it out my credit health and assured me that I lost no points and the balance was forgiven. Great news! He gave me pointers on how to get my credit score even higher to put me into the premium level and coached me on getting back on my feet, credit-wise, after my husband's death. A great experience!
Vanity Hernandez
Vanity Hernandez
20:15 19 Jul 16
I was referred to Derick when my credit score dropped 3 points as I was in the process of trying to get a mortgage loan. Derick gave me GREAT advise and also helped confirm all the credit myths I have overheard on how to improve your credit score. Not only did he give me advise, he not once tried to have me hire him like others usually do. Derick was genuine and that's hard to come across with business. :)
Ian Farruggio
Ian Farruggio
19:29 05 Jul 16
Derek was completely professional and offered helpful suggestions to help me improve my credit. He was honest, in that his services were really not needed and helped to point me in the right direction free of charge. If you have any questions regarding your credit, this is the only place to go!!!
Next Reviews