College students are a growing target for identity theft. It takes the average college student 130 days to detect identity theft on their accounts! College students also end up PAYING FIVE TIMES MORE than other groups when they are hacked!! Check out the Better Business Bureau tips below and GET COVERAGE today!!! FreedomID Direct offers comprehensive coverage as low as $5.99 per month!! Don't ruin your credit before you've finished your degree!! Be smart, be ready!!!
They're young, upwardly-mobile, but still have a lot to learn. So is it any wonder that college students are a favorite target of identity thieves?
But NewsChannel 5 On Your Side finds there are a few simple tips that co-eds can use so they don't get fleeced before they get that sheepskin.
"I'm not very good with money, I just don't think of it," said Kaleigh Raynaud, a sophmore at St. Louis University.
Unsuspecting, unaware and blissfully ignorant. That describes the attitude of some college students when it comes to identity theft.
"I'd probably fall for something if it was good enough," said Gareth Greenwell, a sophmore.
But if they're sheltered now, it won't last forever. Bad credit is hard to lose.
"It could jeopardize the job you get, it could jeopardize how a bank will treat you if you apply for a loan. it's like a permanent record," said Katherine Stein, a local student.
According to experts, it takes the average college student 130 days to detect any identity theft on their accounts. They also lose five times as much money as other age groups that experience identity theft
The better business bureau has some easy ways to reduce your risk of identity theft in college.
First, don't leave important documents in your dorm or school mailbox
"Someone could steal your keys, anyone could get into your dorm," said Stein.
And think twice before lending your credit card to a friend.
"You never really know what they're going to buy. They're my friends, but they could always say 'Oh, I accidentally used the wrong card,'" said Greenwell.
Making it even more important for college students to check their bank statements for suspicious activity.
"I think I just trust the bank to notify me, which probably isn't good," said Raynaud.
"I do that at least once or twice a week," said Athena Murong, a junior.
We found the best step to take is one a lot of students don't bother with until they're out of school: checking their credit report. Often because many believe their credit rating won't change if they're not paying bills.
"I don't have credit right now, I don't have a credit card or pay rent," said Greenwell.
"Ten years from now, when you have no money, no identity, you don't know what to do. Prepare yourself by being careful, even if it's a hassle now. it will save you a lot in the end, the little pieces you do now," said Stein.
The Federal Trade Commission received close to 50,000 identity fraud reports involving people aged 20-29.
The BBB also had the following tips:
PJ Randhawa, KDSK.com