Q&A: What are the best ways to avoid identity fraud?

Posted On September 9, 2010 at 4:05 am in identity theft

Question by Jason L: What are the best ways to avoid identity fraud?
After some horror stories and seeing all the news reports on identity fraud I am wondering what your best tips and practices are in avoiding identity fraud.

Best answer:

Answer by Judy
Please note:
There is no cost to you if your identity is stolen.
These commericials are making a fortune by scaring people.
When you are victim, you simply report it and the charges will be removed.
The most money out of pocket a phone call, maybe some stamps.

If you are still worried, you can put a freeze on all your accounts.
You can do this by going to annualcreditreport.com
First you check all all reports (after printing them out).
Find the section to put a freeze on your reports – about 4 bucks per report.
When you need a loan, you will have to unfreeze by calling a number and entering a pin.
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