Thursday, March 13, 2014

3 advantages of a 90-day fraud alert

Last week I came home to a notice from the police department stuck on my apartment door about reported mail theft in my immediate area. Because I've been waiting for a W-2 document to arrive, the news was unsettling.

I'd heard stories about mail theft before, but never really thought anything of it. I've always lived in places with locked mailboxes and never hesitated to put sensitive documents through the mail, figuring that was more secure than emailing them.

Nobody really thinks about snail mail anymore, right?

I've now realized that I've been rather naïve about all the ways my financial information could be stolen.

The notice explained that two incident reports have been filed and outlined several steps individuals can take to protect themselves if they think sensitive information might be compromised. One of the suggestions was to place a fraud alert on your credit.