Identity theft can cause wide-ranging long-term financial problems. Don't become a victim - protect yourself using these common-sense suggestions.

How to protect yourself from identity theft:
1. Be cautious about disclosing personal information and account numbers over the phone, by mail, or on the Internet - be sure that you are dealing with a reputable company.
2. Carry only the ID and credit cards you need to have with you to help prevent loss or theft - file others in a safe place at home.
3. When you receive a new card, sign and activate it immediately.
More suggestions...

What to do if you become a victim of identity theft:
1. Immediately contact the fraud division of the three credit reporting agencies to let them know you have been a victim of identity theft.
2. File a report with your local police department. Keep a copy in case your creditors need proof of the crime.
3. Contact each creditor who has allowed a fraudulent account and close these accounts. Follow up in writing.
4. If an identity thief has accessed your bank accounts, checking account or ATM card, close the accounts immediately.
More suggestions...

For more information on protecting yourself from identity theft and what to do if you've become a victim of identity theft, read Identity Theft - Don't become a victim in our tutorial section.