The 2017 Identity Fraud Study identified $16 billion was stolen from 15.4 Million U.S. consumers. The number of victims of identity theft grows each year. This is not meant to scare you, but prepare you. There are good habits you can adopt to reduce your risk.
Identity theft among senior citizens particularly, increases year after year because the culprits find this demographic to be especially vulnerable. The trusting nature of seniors, along with their preference for paper statements over e-statements, makes them a more likely target.
There are numerous things you can do to prevent identity theft:
Restoring your identity on your own can be time-consuming and stressful. Many times, people give up in frustration and later find out the credit damage and fraudulent bills follow them for many years to come. Use the credit monitoring that is free in online banking with Caro to help watch for fluctuations.
Click the link above to continue or CANCEL