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Keeping Your Credit History in Good StandingEverybody knows how important it is to keep credit history in good standing. Thiscan be achieved by controlling your spending, promptly submitting payments andkeeping up with your credit card bills. However, despite your best efforts, it ispossible that your credit history be affected or even damaged by fraudulent actsand violations. Today, many cases of fraud and identity theft have been reported from all over theworld. The strategies used in committing crimes related to identity theft are many.In fact, according to the Federal Bureau of Investigation (FBI), identity theft is one of the fastest high-rated crimes not just in US but across the globe.Identity theft is the crime of stealing someone else’s identity or personalinformation. The obtained information is then used to execute illegal activities ortransactions. Thus, the real owner of that identity is the one who is directly affectedby all fraudulent activities made on his name. Your credit history can be damaged in just a short time without your slightestawareness. Everyone can easily be a victim of identity theft. Thus, the best way toprotect yourself is to know their strategies and be vigilant about your actions at alltimes. Here are the things you can do to keep your credit history in good standing:* Safeguard your account details and other important information. Don’t justwrite your account number, credit card number or PIN on any piece of paper thatcan easily get misplaced. Make sure it’s written on a planner or a notebook that iskept hidden in a safe place.* Don’t bring all your identification cards and credit cards with you. Keeping allthese valuable cards in your wallet puts you at great risk in case your wallet getsstolen. If you’re not going to use your cards, leave them in a safe storage. If you lostyour wallet or your student credit card or any Identification card, report it to yourbank at once.* Destroy all your past bills, ATM receipts, old credit cards, expired identificationcards or any thing that has your personal identification or important numbers on it.See to it that you don’t just throw them in the garbage bin without shredding eachcard or paper to smallest pieces.* Never give out personal information such as your social security number orcredit card number to anyone over the phone. Remember, banks, financialinstitutions and legitimate companies never obtain confidential information throughtelephone. This principle also applies to E-mails and online applications. Don’t fill
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