Identity theft is a serious problem affecting more people every day. That’s why learning how to prevent it is so important. Knowing how to prevent identity theft makes your identity more secure. Preventing theft starts with managing your personal information carefully and sensibly. We recommend 7simple precautions to keep your personal information safe:
Data breaches are the new normal and it’s likely to get worse as hackers get smarter. Every year millions of records are compromised. “That means everyone in this country should assume that their personal information has already been compromised,” said Robert Sicilano, identify theft expert at BestIDTheftCompanys.com.
Here's a little good news if you are unemployed and worried about foreclosure and you have an FHA loan.
Fannie Mae has extended a program for 1 more year that might help you avoid foreclosure, if you qualify. With this program you could skip your mortage payment for six months or maybe even as long as 1 year.
According to the Department of Housing and Urban Development:
The U.S. has a cumulative revolving debt of more than $850 billion, according to the Federal Reserve. A whopping 98% of that figure is comprised of credit card debt -- with 54 million households in arrears for an average balance of $15,788.1