One of the fundamental concepts of Title Fraud is the collection of your personal information to commit an offence. However, you can do your part to prevent a thief from stealing both your info and your identity.
Here are the TOP 10 strategies that can help protect you from identity theft:
- Keep personal information secure and confidential on the Internet and on the phone, especially if you are uncertain of whom you are connecting with, how it will be used, and whether it will be shared with anyone other than your intended purpose.
- Always remember to only use secure trusted websites to send personal info over the Internet.
- Carry the least amount of info and identification in your wallet; never your social insurance card.
- Frequently check your credit report. You can request copies through Equifax or Transunion and they can be freely downloaded or sent in the mail to your home.
- Regularly check your financial, bank, and credit card statements for any suspicious activities or unknown charges.
- Inquire about having title insurance, as this can protect you against a variety of risks connected with real estate transactions.
- Make it a habit to check your mailbox frequently, even better – every day.
- Protect your financial and personal identification documents by shredding and destroying if you no longer need them. For example, always tear up unsolicited credit card applications, instead of just throwing them into the trashcan.
- When you do not receive your credit card, utility statements or mail on time, follow-up with your creditors.
- Make it a habit to follow-up with card companies, especially if you receive credit cards that you never applied for and/or if you applied for them but do not receive them.