We always hear of the saying” knowledge is power”. In whatever problem or predicament we experience, this saying actually resonates with much relevance. Being aware of the issue you’re facing provides you a good foothold as you try to devise solutions to address it. When speaking about identity theft, the same principle applies. We always hear of identity theft cases in the media, and we are always bombarded with tips on how what to do when we experience as well as ways of how to prevent it. However, before we can even prevent it, we’d have to understand identity theft facts first and how it could affect us.
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Identity theft is a widespread crime against consumers, one that leads to loss of funds, damaged credit, and financial instability. This crime occurs when someone steals identifying information from you, such as your driver’s license, passport, Social Security card, green card, or similar document. This information can be stolen from you while going on with your daily activities, such as shopping at a grocery store with your wallet, paying your bills online, or throwing out your garbage. It is important to be aware of how id thieves can access your information, so that you can protect yourself from becoming a potential victim.
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