Saturday, August 05, 2006

Identity theft - how hard is it really to stop ?

Just listened to a report on Identity theft in the UK. I have a solution - but it seems almost too simple.

The major long term draw back of being a victim of such a crime seems to be damage to your credit rating. Which amongst other things prevents you from getting new credit cards, loans or mortgages.

Hold on a minute - why not allow people to switch their credit rating to 'off' - hence no new cards or loans etc could be issued from anywhere. They could then request it to be activated for the time they need it after which they could turn it off again.

Too simple ?

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