I don’t know if you saw the big credit card fraud ring that took over 40 million credit card #’s from stores like Sports Authority, TJ Maxx, and Barnes & Noble.  It is believed to be the largest identity theft case ever.  Here is the story in case you haven’t seen it : http://www.msnbc.msn.com/id/26055902/

Since identity theft and stolen credit card numbers and becoming more common I have a couple of precautions that I think can be helpful:

– Be cautious using your Debit Card.  If you use it, and there is fraud, it may be harder to clean up than a regular credit card that you pay in full every month.

-Check you account on-line everyday if you can.  But don’t do it from a Wi-Fi spot that might not be as secure.

-Know your liability if there is fraud on your account.  Get to know the time frames of advising that there has been fraud and your limits of liability.

-And of course, check your credit report.  You may even want to check your children’s as thieves do steal children’s identity.

You can’t always prevent it, but you can be on top of it.

Have a “Safe” Day!

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