Thanks to large-scale hacks such as the Equifax and Yahoo breaches, identity thieves have no shortage of information to use in their criminal pursuits. Is your information among them?
“Identity theft can trash your credit score because there’s the risk that somebody takes your name, your Social Security number, and your solid credit rating, goes out, applies for a bunch of credit, and then doesn’t repay any of it,” cautions Bankrate.com Senior Vice President and Chief Financial Analyst Greg McBride. “That can really just destroy what otherwise had been years of hard work on your part to build a solid credit rating.”
You may not be able to stop all identity theft methods, but you can take common-sense steps to protect your information and limit the likelihood of damage. In honor of Data Privacy Day (January 28), we present 15 preventative actions that you should take.
1. Check Your Accounts Regularly – Frequently review all credit and de…