Motley Fool: Ten Tips To Prevent Financial Chaos!

October 17th, 2006

As it is National Identity Fraud Prevention Week (check out the Stop ID Fraud website), I thought I’d take the opportunity to warn you about this financial scam.

Your personal information is surprisingly easy to steal and can be worth thousands of pounds to a thief. Armed with personal and financial data, a fraudster can apply for credit in your name, spend a fortune, and then disappear. Alas, you only find out months later when your application for a credit card or personal loan is turned down — or when debt collectors and bailiffs start appearing at your door!…

Continue reading this article at the Motley Fool

Categories: Aggregator, Credit, Credit Cards, Debt, Loans

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