Top 9 Identity Theft Prevention Tips To Protect Your Finances

If you aren’t actively following identity theft prevention tips and taking precautions, your finances and credit can be flipped upside down in a matter of minutes.

But don’t worry, with these tips, you can be protected in advance and slow down identity thieves before it becomes a big mess. 

A Few Identity Theft Statistics

-  40% of takeovers happen within 24 hours of a criminal’s access to a victim’s account. - 10% of Americans have been a victim of identity fraud.

Identity Theft Prevention Tips

Here are some ways to prevent identity theft online and also quickly catch or stop if your information gets compromised. 

Thanks to Credit Karma, you can monitor your info for free and check in as much as you want. 

1. Monitor Your Credit Diligently 

Review your bank statements often, check in and see the latest activity, and look for any weird payments or money transfers. 

2. Review Your Financial Accounts Often

3. Add Fraud Alerts or Freeze Your Credit 

If you want to be even more protected or you already were a victim of identity theft, I’d highly recommend freezing your credit with three credit bureaus. 

Swipe up now for more  financial tips!