How to avoid IDENTITY THEFT ?
Identity theft occurs when your personal sensitive data is duplicated or stolen and someone becomes “You” and take control of your financial identity. The impact of the identity theft could be disastrous to the real owner.
DETECT identity theft
1. fraudulent or unexplained transaction on the credit card, especially on overseas transactions.
2. receiving calls or letters from debt collectors, or delivery of the merchandise you have never purchased.
3. sudden stop of mails especially your credit card or bank statements, as the identity thief could have “changed” the correspondence address.
4. being informed on the loan outstanding you have never borrowed, or being decline of the loan application because of the outstanding loan installments not settled.