Saturday, November 29, 2008

Identity Theft Tips

Since there are so many different ways for identity theft to occur, it is important to know identity theft tips that can apply to each specific case. While there are some general rules of thumb that can be applied to most situations, there might come a time when unique identity theft tips are needed. In these cases, having the knowledge before it happens can help to mitigate any damages that are received.

For instance, if you have lost your personal information or financial information, there are some specific identity theft tips you should consider. In the case of a lost or stolen financial instruments, you should report the potential identity theft as quickly as possible in order to make sure that you are not held responsible for the losses. Reporting the loss within two business days means that your losses are limited only to $50. If you report the loss between two and 60 days, you could lose up to $500.

Identity theft tips for debt collection include alerting the company that you are not responsible for the debt. Include documentation to this fact. This documentation could include a police report or notarized affidavit stating that you have been a victim of identity theft. You can also request that the company stop contacting you relating to the debt.

Applying identity theft tips is also important if you plan to take out student loans. In the case that someone has gained a student loan in your name, you can contact the school or the loan institution to alert them of the load. You should also report the identity theft to the United States Department of Education.

If you are looking for more identity theft tips and ideas, you will want to check out the Federal government's identity theft site. Knowing these identity theft tips can help to you restore your identity as quickly and painlessly as possible.
Al James has a passion for writing about issues regarding consumer protection. Do you ever ask yourself How Can I Protect Myself From "Identity Theft"? It's not as difficult as you may think when you apply the proper "Identity Theft Tips".