Identity theft continues to gain attention, with one recent mention coming from Web-based personal finance advisors The Motley Fool, www.fool.com.
In a July column, Motley Fool contributing writer Selena Maranjian advises readers to take precautions when managing credit card accounts in particular.
Among her tips to readers are to keep photocopied records of credit cards (front and back) on file in case one’s wallet is lost or stolen. This way, credit card companies can be contacted right away to halt activity on the accounts.
Additional recommendations include making periodic credit report checks to look for signs of unauthorized activity; keeping one’s Social Security Number off of checks and forms of identification; and making sure to shred pre-addressed credit card solicitations that arrive as junk mail.