Schwab Login

  • Home
  • About
    • GET STARTED:
      CONTACT US TODAY
      • Calendar
    • Team
    • Our Mission
    • What Matters Most
    • Community
      • Seattle Children’s Hospital
      • Mercer Island Schools Foundation
      • Mercer Island Chamber of Commerce
    • Glossary
  • Services
    • Retirement
    • Estate
    • Investment
    • Insurance
    • Money
    • Lifestyle
  • Onboarding
  • Calculators
  • Schwab Login
  • Financial Insights
Get Started
Schwab Login

  • Home
  • About
    • GET STARTED:
      CONTACT US TODAY
      • Calendar
    • Team
    • Our Mission
    • What Matters Most
    • Community
      • Seattle Children’s Hospital
      • Mercer Island Schools Foundation
      • Mercer Island Chamber of Commerce
    • Glossary
  • Services
    • Retirement
    • Estate
    • Investment
    • Insurance
    • Money
    • Lifestyle
  • Onboarding
  • Calculators
  • Schwab Login
  • Financial Insights
Get Started

  • Home
  • About
    • GET STARTED:
      CONTACT US TODAY
      • Calendar
    • Team
    • Our Mission
    • What Matters Most
    • Community
      • Seattle Children’s Hospital
      • Mercer Island Schools Foundation
      • Mercer Island Chamber of Commerce
    • Glossary
  • Services
    • Retirement
    • Estate
    • Investment
    • Insurance
    • Money
    • Lifestyle
  • Onboarding
  • Calculators
  • Schwab Login
  • Financial Insights

To Catch a Thief

  • Home
  • Blog
  • Lifestyle
  • To Catch a Thief
Fixed or Variable Mortgage, Which Should You Pick?
April 22, 2022
A House Divided
April 22, 2022
Published by Tyson Farmer on April 22, 2022
Categories
  • Lifestyle
  • Lifestyle-Articles
Tags
LIFESTYLEREAD TIME: 3 MIN
Many Americans have taken steps in recent years to protect their identity. According to one report, published in 2020, total dollars lost due to identity theft was $16.9 billion. If you haven’t taken measures to protect yourself, it may be a good idea to consider your options.1

Identity theft is a crime in which an individual illegally obtains and wrongfully uses another person’s personal information, such as a Social Security number, bank account number, or credit card number, generally, for financial gain. Once a thief has possession of your personal information, it may be used to obtain a loan, run up credit card debt, or commit other crimes.

Individuals can take four steps to help protect themselves against identity theft. These steps are represented by the acronym S.C.A.M.

S – Be STINGY when it comes to giving out your personal information. Make sure the person requesting the information is on a “need-to-know” basis. For example, someone who claims to be calling from your bank does not need to know your mother’s maiden name if it’s already on file with the bank.

C – CHECK your financial information periodically. If you get a hardcopy of your credit card and bank statements mailed to you, consider keeping these documents in a safe, secure location. Be skeptical if it appears the financial institution missed a month. Identity thieves may try to change the address on your accounts to keep their actions hidden from you for as long as possible.

A – From time to time, ASK for a copy of your credit report. This report shows bank and financial accounts in your name and may help provide evidence if someone has used your name to open another account. To obtain a report, contact any of the three major credit bureaus: Equifax, Experian, or Transunion.

M – MAINTAIN good records of your financial accounts and obligations. Experts recommend that you keep hardcopies or electronic versions of monthly bank and credit card statements. Easy access to this information may make it easier to dispute a transaction, especially if your signature has been forged.

Government agencies, credit card companies, and individuals have become smarter about protecting data and identifying perpetrators. But identity thieves consistently devise new strategies to obtain personal information.

Having your identity stolen may result in out-of-pocket financial loss, plus the additional cost of trying to restore your good name. Help protect yourself by using caution when sharing your personal information and keeping an eye out for warning signs.

The Age of Risk

Instances of identity theft are more frequent among individuals aged 60 to 69.

The Age of Wisdom

Chart Source: Federal Trade Commission, 2019

1. Javelin Strategy & Research, 2020

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2022 FMG Suite.

Share
0

    Have A Question About This Topic?



    Related posts

    Mortgage Services
    April 26, 2022

    Choosing a Mortgage


    Read more
    Consider 3 Things Before Driving Off the Lot
    April 26, 2022

    Consider These 3 Things Before Driving Off the Lot


    Read more
    Surprises Video Thumbnail
    April 26, 2022

    Surprises


    Read more

    Lorem ipsum dolor sit amet,
    consectetur adipiscing elit, sed
    do eiusmod tempor incididunt ut
    labore.

    About Us
    • Team
    • Our Mission
    • What Matters Most
    • Services
    • Useful Links
    • Articles
    • Presentations
    • Calculators
    • Videos
    Resource Center
    • Retirement
    • Estate
    • Investment
    • Insurance
    • Money
    • Lifestyle
    CONTACT INFORMATION

    [email protected]

    (206) 883-8342

    Mercer Island Office
    P.O. Box 158

    disclosure

    Check the background of your financial professional on FINRA's BrokerCheck.

    The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

    We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

    Copyright 2022 FMG Suite.

    Vega Financial LLC (”VF”) is a registered investment advisor offering advisory services in the state of WA and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The information on this site is not intended as tax, accounting or legal advice, as an offer or solicitation of an offer to buy or
    sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering.

    This information should not be relied upon as the sole factor in an investment making decision. Past performance is no indication of future results. Investment in securities involves significant risk and has the potential for partial or

    complete loss of funds invested. It should not be assumed that any recommendations made will be profitable
    or equal any performance noted on this site. The information on this site is provided “AS IS” and without warranties of any kind either express or implied. To the fullest extent permissible pursuant to applicable
    laws, Vega Financial disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability, non-infringement, and suitability for a particular purpose. (VF) does not warrant that the information on this site will be free from error. Your use of the information is at your sole risk. Under no circumstances shall (VF) be liable for any direct, indirect, special or consequential damages that result from the use of, or the inability to use, the information provided on this site, even if (VF) or a (VF) authorized representative

    has been advised of the possibility of such damages, information contained on this site should not be considered a solicitation to buy, an offer to sell, or a recommendation of any security in any jurisdiction where such offer, solicitation, or recommendation would be unlawful or unauthorized.

    © 2022 vega-financial.com. All rights reserved