The 8 Easiest (and No-Cost) Steps for a Scam-Free 2017

Identity theft is hard, but preventing it doesn’t have to be. Although some threats like data breaches are beyond your control, here are eight easy, no-cost ways to help scam-proof yourself in the New Year. Weed your wallet. Nearly half of all known-cause cases of identity theft start with a lost or stolen wallet. Reduce risk with some 2017 billfold cleaning by removing your Social Security card, cheat sheets noting PINs or passwords for bank cards or online accounts, blank …

How, Why and When to Get a Security Freeze

Placing a security freeze on your credit file has always been a smart move. But these days, it makes more sense than ever. That’s because identity thieves have switched tactics — focusing on opening new fraudulent credit accounts rather than exploiting existing ones. In its 2016 Identity Fraud Study, Javelin Strategy & Research reports that with the switch to chip-enabled cards, fraud involving new accounts more than doubled in 2015 from the previous year. Meanwhile, some 180 million personal records …

Preventing Child ID Theft With a Credit Freeze

No matter where you live, a credit freeze is a great way for you to prevent identity theft — particularly the opening of new credit cards, loans and service accounts in your name. But depending on where you live, a freeze isn’t easy to get for your offspring. Although legislation has been introduced, currently there are no federal laws concerning credit freezes for children, and only 23 states have passed laws requiring credit reporting bureaus to freeze a minor’s credit …

New Trends in Credit Card Fraud

Despite stability in the number of victims and losses last year, the ways that credit card fraud occurs have changed. With the switch to chip-enabled EMV cards in 2015, identity thieves are moving from cloning counterfeits of that existing plastic and, instead, are focusing on opening new fraudulent accounts with stolen Social Security numbers and other sensitive data. In its 2016 Identity Fraud Study, Javelin Strategy & Research reports that new-account fraud more than doubled in 2015 from the previous …

10 New Year’s Resolutions to Prevent Scams

Pledging to drop pounds might be the most popular New Year’s resolution, but consider adding these 10 simple steps to reduce your risk of scams in 2015 and beyond: Get your credit report – three times a year. Only about 1 in 6 Americans check their credit reports annually with each of the three credit bureaus, and 1 in 4 check with only one bureau, AARP has found. Bad move, since everyone is entitled to three freebies per 12 months at AnnualCreditReport.com. It’s …