FREE1SILVER1GOLD1plat2
FacebookMySpaceTwitterDiggDeliciousStumbleuponGoogle BookmarksRedditNewsvineTechnoratiLinkedinMixxRSS Feed
The producer of hip-hop music from Indiana AKA Maja 7th has released his official LP record “Get Familiar”

The producer of hip-hop music from Indiana AKA Maja 7th has released his official LP record “Get Familiar”

The producer of hip-hop music from Indiana known as Maja 7th has released his latest official LP...

EAE Management Group, QUE Records & Capitol Music Group Have Joined Forces to Create a New Age Digital Branding & Distribution Label

EAE Management Group, QUE Records & Capitol Music Group Have Joined Forces to Create a New Age Digital Branding & Distribution Label

EAE Management Group a division of The E-man's Angels Marketing Agency officially signed their...

New Version of Vibosoft Android SMS+Contacts Recovery - More Efficiently Recover Lost SMS & Contacts from Android Phones

Vibosoft Studio has recently unveiled the latest version of Vibosoft Android SMS+Contacts Recovery...

Donald Trump said that China’s ripoff of the United States is the biggest in history – The Donald is wrong

The biggest rip off in history is the SOCIAL SECURITY ACT of 1935! HERE IS ITS INHERENT INVESTMENT...

NIIT unveils Multi-Skill Training Centre under Pradhan Mantri Kaushal Vikas Yojana at Bhagalpur, Bihar

Pioneering learning and career solution for the youth in Bhagalpur   Bhagalpur, August 19,...

REVOLUTIONARY TRAVEL PORTAL LAUNCHES WITH WHOLESALE PRICES AND VIP SERVICE

A new approach to offering travel deals has been launched to help people elevate their happiness...

Marketing Agencies Can Offer Email Validation Services To Clients With Email YoYo

Email YoYo is seeking to work with individuals and businesses focused in contracting, development,...

Australian Songwriter Sam Joole New Album Out September 2nd 2015

Australian Songwriter Sam Joole New Album Out September 2nd 2015

Jooles latest album Shapeshifting goes live on iTunes, eMusic, Spotify and Amazon September 2nd...

Capital A List offering guestlists and table bookings at majority of VIP nightclubs in London from August

The London-based events company is now working with more clubs than ever to meet increasing client...

LIVALL's Bling Helmet is Going to Hit and Roll Cyclists Around the World

With a growing number of people choosing cycling as their way of exercising after work, an...

  • The producer of hip-hop music from Indiana AKA Maja 7th has released his official LP record “Get Familiar”

    The producer of hip-hop music from Indiana AKA Maja 7th has released his official LP record “Get...

    Monday, 31 August 2015 16:41
  • EAE Management Group, QUE Records & Capitol Music Group Have Joined Forces to Create a New Age Digital Branding & Distribution Label

    EAE Management Group, QUE Records & Capitol Music Group Have Joined Forces to Create a New Age...

    Monday, 31 August 2015 16:07
  • New Version of Vibosoft Android SMS+Contacts Recovery - More Efficiently Recover Lost SMS &...

    Saturday, 29 August 2015 12:38
  • Donald Trump said that China’s ripoff of the United States is the biggest in history – The Donald...

    Friday, 28 August 2015 15:32
  • NIIT unveils Multi-Skill Training Centre under Pradhan Mantri Kaushal Vikas Yojana at Bhagalpur,...

    Thursday, 27 August 2015 13:25
  • REVOLUTIONARY TRAVEL PORTAL LAUNCHES WITH WHOLESALE PRICES AND VIP SERVICE

    Monday, 24 August 2015 22:26
  • Marketing Agencies Can Offer Email Validation Services To Clients With Email YoYo

    Monday, 24 August 2015 16:27
  • Australian Songwriter Sam Joole New Album Out September 2nd 2015

    Australian Songwriter Sam Joole New Album Out September 2nd 2015

    Tuesday, 18 August 2015 10:33
  • Capital A List offering guestlists and table bookings at majority of VIP nightclubs in London from...

    Friday, 14 August 2015 13:37
  • LIVALL's Bling Helmet is Going to Hit and Roll Cyclists Around the World

    Friday, 14 August 2015 07:39

As fresh graduates descend from the ivory tower (bearing their unstained diplomas), many will eventually encounter “real world” interactions for the very first time, and they run the risk of being eaten alive out there. Identity-connected scams, dark schemes and credit status traps litter the way to financial success. And for many of those new graduates who confidently say, “It will never to me,” get ready for you bubble to burst.

Information violations and the identity-theft crimes that arise from them have become realities in life, next only to death and taxes. But there are a few things you can undertake to improve your protection against them, identify the problems and reduce the effects in case the inevitable happens. However, if you believe a compromise to your identity or credit will never cause you to incur a good amount of money, you will be surprised to realize the emotional turmoil and endless moments of annoyance spent regretting things which are non-refundable.

New grads must bear this in mind: Your personal identity and credit are significantly precious assets. And whereas it might be quite early in the game to seriously consider your investment portfolio, you now have a built-in two investment-grade portfolios that you ought to manage well: your identity portfolio and your credit portfolio.

Take a look at a few general rules in the game that will aid you to protect your identity that, if you observe them, could make it easier for you to succeed.

1. Credit Cards

If you are newbie to the world of credit cards, you tend to make some beginner’s errors that may lead to identity risk.

First, be wary as to where you divulge your credit card data. Consider yourself as your worst enemy when it concerns credit card scams if you fail to observe proper security steps when sharing your credit card information over the websites, to companies and even to friends. And while scammers have a way of stealing your account numbers, taking extra care if you live with roommates will protect you in a big way.

Make sure to check your account statements as often as you can, even daily, for unauthorized withdrawals or purchases. If anyone steals your debit or credit card number and goes out to spend like a king, and you fail to discover it early enough to prevent more damage, you could find yourself back to zero.

Keep track of your credit report and note how your credit standing moves. This will allow you ascertain that all the accounts listed there belong to you. Usually, the first sign that says you have fallen victim to a new account fraud arises from these reports. Being aware lets you face and deal with the issue way before a collection firm asks for money you did not spent. Check your credit reports without being charged yearly from all three credit reporting agencies through this site: AnnualCreditReport.com. Likewise, you can check two of your credit scores for free with a Credit.com account  –  in case you observe an unexpected reduction in your credit scores, check your reports for any issues, including fraudulent accounts.

2. Utilities

What about utilities? You phone a customer service agent who gets your name, address and phone number, and when your bill comes on the last day of the month, you pay accordingly. Sounds so simple, even a child could do it — which is exactly the problem. Identity thieves are so good at stealing electricity in your name, and since it is that easy for anyone to set up an account using your name, you may not be aware of it until you receive a notice from a collection agency for unpaid utilities bills and your credit status falls.

Here is what you need to do: Take extra time assessing your bills and immediately check on any doubtful items, pay your bills on time always, (think of enrolling in a direct debit plan), safeguard your personally identifiable data (which means protecting your Social Security number from everyone except the select few who have to know it), and keep in mind that monitoring your scores and your reports often can warn you of any issue soon enough. One could never be too paranoid when it comes to monitoring nowadays.

3. Applying for Jobs

Many fresh graduates are not aware that a significant number of firms and institutions will check credit reports (not credit scores) prior to offering anyone a job. They are required to obtain a permission from you (often in writing) before looking at your reports and most of them will ask for your Social Security number, a primary asset in your identity portfolio, for them to do so.

Obviously, you have to be sure the employer is authorized, and if you feel uneasy about divulging your Social Security number to a potential employer, conduct a little research before you give it. Many job scammers will take your SSN upfront, before they even interview you.

4. Filing Your Taxes

For a few new graduates, taxes have never entered their vocabulary or their limited world. It may be that their parents filed taxes for them, or they have never worked at a job to make it necessary.

If you are new at dealing with taxes, be aware of this: Not every person who offers to assist you will be trustworthy. Thieves abound everywhere, so take a careful look before getting an accountant or a tax-preparation service provider. Tax-connection identitytheft is one more reason why you must check who has access to your personally identifiable data. If a scammer files a tax return in your name before you do, you will spend six months or more waiting for the IRS to rectify the error and give you a refund.

Last Word on Identity Protection

In the realm of personal finance, many kinds of fraudulent people will try to take advantage of you, snatch your personally identifiable data and possibly decimate your credit. They revel in feasting over fresh-graduate meat. Not surprising as most new graduates still have a clean credit record and may not know the possible harm that identity thieves waiting at a dark corner can do. But if you carefully manage and attentively check your identity portfolio, it will be a real asset and not a liability.

Contact Information
Author: David HuntingtonEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Share It!

Featured

Webutation

ff

Members

We have 76 guests and no members online