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Article Title:
==============

Identity Theft: The New Threat to Your Credit

Article Description:
====================

When we think of thieves, images of burglars creeping into homes
and apartments come to mind.  However, there are new thieves that
can take much more than your money or possessions.  If your
personal information falls into the hands of an identity thief,
your credit and finances can be ruined.


Additional Article Information:
===============================

363 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-08-24 11:48:00

Written By:     Josh Pike
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]



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Identity Theft: The New Threat to Your Credit
Copyright © 2006 Accion USA
Written by: Josh Pike
Accion USA
http://www.accionusa.org/



When we think of thieves, images of burglars creeping into homes
and apartments come to mind.  However, there are new thieves that
can take much more than your money or possessions.  If your
personal information falls into the hands of an identity thief,
your credit and finances can be ruined.

Identity thieves use your name or personal information, such as
your Social Security number, driver's license number, credit
card information, or other financial account information without
your permission, frequently opening new credit accounts in their
victims' names. They apply for credit cards, make charges, and
leave the bills unpaid.  They set up telephone or utility service
and don't pay the bills. Some victims have found that identity
thieves have even applied for loans, apartments, and mortgages
under an identity other than their own.

Identity thieves are the sneakiest thieves out there, and it's
easier than you think for one to get your personal information. 
They may steal wallets, or take statements, pre-approved credit
offers, and tax information from your mail.  They'll even do
some dirty work and search your trash for personal data.  The
best protection against identity theft is caution: shred all
items that contain your personal information and account numbers,
and don't carry your social security card in your wallet.  Order
your credit report at least once a year to make sure no one is
using your identity to open accounts.

Stop an identity thief dead in his tracks by taking immediate
action.

1. Contact the three major credit bureaus.  Contact the fraud
departments of all of all three major credit departments to place
a fraud alert on your credit file.

2. Close accounts. Close the accounts that you know or believe
have been tampered with or opened fraudulently.

3. File a police report. Get a copy of the report to submit to
your creditors and others that may require proof of the crime.

4. File your complaint with the Federal Trade Commission (FTC).
The FTC maintains a database of identity theft cases used by law
enforcement agencies for investigations. Filing a complaint also
helps us learn more about identity theft, and will help others
who have been victimized as well.





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This article was written by Josh Pike at ACCION USA. 
ACCION USA (http://www.accionusa.org) provides business 
loans up to $25,000 to small business owners who need 
financing to expand their businesses.


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