10 June 2005
Britons have been advised to manage their credit cards and credit files more effectively in order to reduce the risk of falling victim to identity fraud.
According to research by online credit report and ID fraud alert provider MyCallcredit, in excess of 30 million people in the UK hold an average of 2.3 personal credit and charge cards but more than a third of these cards are not used and not needed.
MyCallcredit director Alison Nicholson, said: "This means more than 10 million Britons may have credit facilities registered in their names which are open to theft by an ID fraudster who would be able to run up bills without the victim's knowledge.
"Cutting up a credit or charge card just isn't good enough, you need to inform the lender that you no longer want the facility to prevent your ID and credit file being stolen by a fraudster."
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