Smothers65 asked:
I asked a question about closing accounts for credit score reasons and have been educated on that topic. My next question is if you have open accounts that you don’t use or if you have many open, does it raise your chances for identity theft? Also how do they get your information?
I asked a question about closing accounts for credit score reasons and have been educated on that topic. My next question is if you have open accounts that you don’t use or if you have many open, does it raise your chances for identity theft? Also how do they get your information?
{ 4 comments… read them below or add one }
No. I do not believe this increases your chances of being a victim of identity theft.
Good question.
think about this for a minute – the more often you give out your personal information, the more at risk you are!! Doesn’t take much thought to figure that out. Your information can be gotten off computers, untrustworthy employees, poor record keeping and disposing of records, usually on your part, however sometimes on the credit company or bank’s part. My reccomendation, keep accounts open as long as possible and shred every document. There are many other precautions to take, most owners and renters insurance provide identity theft insurance (to a certain degree) now and free information on how to protect yourself.
The more times you cross a busy highway on foot increases the odds of you getting hit by a car. If you don’t need to cross the highway you stand a better chance of not being transported to ER by ambulance.
So If you don’t need the account close it there is nothing to be stold.
1st ? : Yes the more info floating about the better fishing.
2nd?: The 2nd is for the people that take your life, theres no way I would tell you how to rip off people.