5 Ways to Protect Yourself from Identity Theft Without Spending Money

There are many different ways your identity can be compromised. However, if you make the effort to protect yourself from theft, you won’t have to deal with the burden of righting the situation, and you won’t have to pay to have a third party agency to protect your identity. I had to learn all of these things the hard way, as I was a victim of this horrible crime. I learned a lot throughout this process, and I thought I would share it to benefit those who work too hard to have their security taken from them. Here’s what you can do to ensure you’re never caught up in the pure mess that is identity theft.

1. Routinely monitor your bank and credit statements

Thoroughly looking at your statements occasionally will help you determine if there any irregularities. It’s crucial to know that all of your transactions were made by you. Even if there’s a disputable charge for a small amount, you need to look into it.         

2. Verify mailing address with bank and credit companies

In order for your bank and credit card companies to track down fishy purchases, it would help them to know your address to make sure that everything is above board. If creditors know your address, they can contact you almost immediately after the faulty transaction is made.

3. Clear Logins and Passwords

It’s tempting to use autofill and have your web browser remember your passwords so you don’t have to. However, if your devices got into the wrong hands, you could risk all of your information being compromised, allowing someone to make unauthorized transactions at your expense, causing a lot of headaches.

4. Don’t disclose credit information

Do you ever get credit card offers in the mail? It’s because your information is accessible to creditors who want you to sign up for their cards. You can opt to not make this information available to them, which in turn protects your information better.

5. Shred your documents

You never know who will go looking through your stuff. Documents sent to your home that are thrown away can often contain vital information that would allow someone to assume your identity. Shredding your documents makes this easily preventable.

Again, if you make the effort, you can give yourself peace of mind knowing that your identity won’t be compromised. You don’t need to spend money to protect yourself, a lot of the power is in your hands.