Prevent Identity Theft When Applying For A Car Title Loan

identity-theft Approximately 15 million Americans fall victim to identity theft each year. Their identities are used in a variety of ways by thieves who have found numerous methods of capturing people’s personal data. One of the methods used involves stealing information via the Internet. Every day, millions of Americans are at risk as they conduct business online and input their personal information to complete transactions. If you are applying for an online car title loan, there are some ways you can protect yourself and your information.


Car title loans are becoming increasingly popular since they are a quick and easy method of accessing cash. People who own a vehicle that has a clear title can use it as collateral to take out a loan. Many title loan companies, like Embassy Loans of Florida for example, will allow prospective borrowers to complete their application online. Applicants can also submit important documents such as their driver’s license and car title online. This information is used by the title loan company to process the loan.


When applying for an online car title loan, you should do some research on the company and its website. Make sure that the website is secure. Find information about their security and privacy policies. That information will tell you if the company will protect your information. If it is not possible to verify the security of a title loan company’s website, you may want to search for a different lender. You could also submit your information by phone.


When you find a title loan company with a secure website that will protect your information, be sure to use a computer that does not have any spyware installed. Any malicious software on the computer can transmit your personal information to hackers. If you are using your personal computer, make sure you have anti-spyware software and firewalls installed. Clean the computer regularly to get rid of any viruses that might compromise your security. You can also encrypt any sensitive files that you send via the web. Use passwords that use numbers, letters, and symbols.


Applying for a car title loan is quick, easy, and should be stress-free. You can ensure it will be stress free by choosing a company that is reputable and has a secure website where you can feel confident when sending your personal information. Always take precautions when doing any business online. An identity thief can do plenty of damage by getting access to your personal information.