Despite the efficient management of our finances, we sometimes tend to get strapped for cash, especially when unseen financial situations arise. For those with bad or no credit, small loans from banks or other conventional means may seem a little hard. That’s when car title loans come in. It’s a relatively reasonable way to get cash quickly, with no credit check and low income verification.
Getting car title loans these days has now become easier, with so many online companies offering lucrative deals and interest rates, choosing the right one is imperative. As car title loan applications made online can make you a potential victim of identity theft.
So how do you prevent this?
These simple guidelines should be practiced when applying for a car title loan online, and for any transaction you make online.
1.Prevent Phishing- Do not give out your Social Security number or banking information online or even through the telephone.
2.Password Change- Do change your online bank account passwords at least every 3 to 6 months.
3.Security Software- If you do a lot of online transactions, investing in a proper security software & virus checker will come in handy as it will have proper malware & firewall protection.
4.Multiple Authentication– Opt on using multi-authentication methods such as sending a transaction authorization code to your registered mobile number.
5.Email Clearance- Do not open or click on any links that come from suspicious emails. Better yet, add these suspicious email to your block sender list.
6.Share selectively- Make all your profiles private and only share details with people or profiles you trust.
7.Surf Securely- Security software now comes with browser security; telling you which sites are safe and which sites have suspicious security certificates .
8.Encrypt or shred data- Sending files online? Make sure you encrypt it. Your anti-virus or security software may have this option on it, so turn it on. If it’s on paper, shred it if your personal, medical, or financial information is on it.
9.Read bills, check your statements and credit report- Check to see if your report has any unfamiliar transactions, charges for things you did not buy or withdrawals you did not make.
Getting car title loans these days has now become easier, with so many online companies offering lucrative deals and interest rates, choosing the right one is imperative. As car title loan applications made online can make you a potential victim of identity theft.
So how do you prevent this?
These simple guidelines should be practiced when applying for a car title loan online, and for any transaction you make online.
1.Prevent Phishing- Do not give out your Social Security number or banking information online or even through the telephone.
2.Password Change- Do change your online bank account passwords at least every 3 to 6 months.
3.Security Software- If you do a lot of online transactions, investing in a proper security software & virus checker will come in handy as it will have proper malware & firewall protection.
4.Multiple Authentication– Opt on using multi-authentication methods such as sending a transaction authorization code to your registered mobile number.
5.Email Clearance- Do not open or click on any links that come from suspicious emails. Better yet, add these suspicious email to your block sender list.
6.Share selectively- Make all your profiles private and only share details with people or profiles you trust.
7.Surf Securely- Security software now comes with browser security; telling you which sites are safe and which sites have suspicious security certificates .
8.Encrypt or shred data- Sending files online? Make sure you encrypt it. Your anti-virus or security software may have this option on it, so turn it on. If it’s on paper, shred it if your personal, medical, or financial information is on it.
9.Read bills, check your statements and credit report- Check to see if your report has any unfamiliar transactions, charges for things you did not buy or withdrawals you did not make.
