Consumer Car Buying Advice Blog

Following the advice from the Federal Trade Commission could help you avoid a number of issues during a problem credit auto loan

Identity Theft

Even as you’re rebuilding your credit with a bad credit auto loan there’s always the chance the process could be set back if your identity is stolen.

We understand this issue because for the last decades Auto Credit Express has been helping credit-challenged applicants find a dealer that engages in bad credit car sales. To help them further, our website also makes sense of subjects from tote the note auto loans and income requirements to today’s topic, avoiding identity theft.

Reducing the risk of identity theft

At Auto Credit Express, we’re very concerned about protecting the identity of no credit auto loans applicants. For example, our application is SSL encrypted. But as an individual, what can you do to ensure that your personal information is secure?

According to the Federal Trade Commission, there are a number of things that can be done to minimize the risk of someone stealing your identity:

1.    Protect your social security number – Don’t carry your social security card with you. If a health insurer or your state driver’s license bureau uses your SSN for an identifier, request that they use another number. While your social security number is needed for tax and credit check purposes by employers and businesses, if your are asked to furnish it for any other reason, ask why and how it will be used, how they will protect your information and what will happen if you don’t give it to them.
2.    Be careful with your trash and mail – shred any credit-related documents, including offers of credit from credit card companies. Deposit mail containing sensitive information directly in collection boxes or at the post office. When going on vacation, have the post office hold your mail.
3.    Be cautious when using the internet – use only trusted sites and never submit your personal information over a non-encrypted connection.
4.    Use strong passwords – use a combination of letters (upper and lower case) and numbers as well as symbols. Never use your name, birth date or a portion of your SSN or consecutive letter/number combinations.
5.    Verify sources – never give information over the phone, through the mail or over the internet without first knowing exactly who you are dealing with.
6.    Safeguard your purse and wallet – only carry the information that you need and the credit cards that you need.
7.    Keep all your personal information in a safe place – In addition, ask those business that have access to your information how it will be handled, stored and the methods of disposal once it’s no longer needed.

As we see it

When it comes to protecting your personal information, you can never be too careful. Be cautious about sharing your information. Many businesses may only use your SSN for general record keeping – not a good idea. You should also verify the legitimacy of an organization before you share any information with them.

One more thing: Auto Credit Express specializes in placing applicants that have bad auto credit with dealers that can offer them their best chance at getting approved for a bad credit car.

So if you’re ready to begin rebuilding your car credit, you can begin now by filling out our online car loans bad credit application.

Tags: Bad Credit, bad credit auto loans, identity theft

This entry was posted and is filed under Auto Loans, Bad Credit, Credit Repair. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.