How can identity protection be accomplished in order to prevent identity theft? How can one stop identity theft? Is it possible to avoid identity theft as this crime continues to pace all fraud crimes? Yes. This article will provide guideance for consumer privacy with an emphasis on financial privacy for the purpose of protecing privacy-specifically with identity theft prevention as the privacy living objective.
Consumer privacy is essential to prevent identity theft and a high-level financial privacy plan is key to protect identity and empower one and his/her family to escape id theft.
Once one’s financial privacy has been established, id theft risk will be reduced substantially. Imagine the confusion an identity theft criminal will experience when he finds no money or assets under his target’s name. In order to make an identity theft fraud crime next to impossible to commit, one needs to have the aforementioned financial privay plan in place before the identity thief attempts to strike and make you and yours an identity theft victim.
In order to avoid identity theft, bank secrecy and personal privacy principles are necessary, and some of the key concepts include:
Credit Card Privacy: Freeze credit bureau files and avoid using credit cards for routine purchases. Use credit lines and cards for major purchases. Request account number changes from the issuing financial institution when you believe it to be necessary for personal privacy protection.
Banking Privacy: Once can obtain banking secrecy when the Ultimate Bank Secrecy Account is used as per the information and resources in my new book Privacy Crisis Banking. Banking privacy can be increased when checks are cashed without using a Social Security number.
Home Privacy: You can learn to create an Invisible Home Mortgage to make the source of funds used to purchase a home unknown. Fraudsters will be unable to find your home address when they tap into government databanks that contain home owners’ names and home addresses. Likewise, the viewing of credit reports will be of no help as the funds used to buy the house will not lead to the home purchased with the “invisible mortgage.”
Comprehensive personal and business privacy is fully explained in my e-book, Privacy Crisis: Identity Theft Prevention Plan and Guide to Anonymous Living.
My new book, Privacy Crisis Banking: Bank Secrecy Plan & Resource Guide to Protect Identity, Money, and Property provides information and resources for financial privacy and banking secrecy plans. This book is available as a hardcover or as an e-book.
Buy the books at:
Grant Hall, Author
James Clark King, LLC, Publisher