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BBB: Shred personal documents to prevent identity theft | Business

New IdentityTheft Scam

• Disruption of bills or other recurring mailings

• IRS notification of tax returns being filed in your name, when you haven’t yet filed

• Unfamiliar accounts or charges on your credit report

Identify theft remains one of the largest threats American consumers face. In 2020, there were 4.8 million identity and fraud reports received by the FTC, accounting for almost one-third of all complaints for the year. In Texas, more than 134,000 cases of identity theft were reported, placing the Lone Star state third in the nation behind California and Illinois. Protect your identity by controlling and shredding personal documents, such as:

• Bank account information

• Social Security information

• Credit card applications

Be sure to properly dispose of expired bank cards as well. BBB recommends cutting directly through card numbers instead of diagonally or horizontally across the card. If you are in doubt, keep cutting until the card is little more than a series of squares. It is not possible to shred personal information “too much.”

Source: on 2021-05-06 01:03:45

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