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Millions at risk of ID theft

A survey has revealed that 21 million people do not protect themselves against identity theft while 97% of household waste contains at least one item that could assist a fraudster.

The survey from Lawpack Publishing, the self-help legal publisher, also reveals that over a quarter of identity theft victims know the perpetrator, proving that simply shredding bank statements is not enough.

Barry Stamp, author of the Identity Theft Self-Help Kit, published by Lawpack, says, Identity fraud is one of the fastest growing crimes in the UK.

However so many people do nothing to protect themselves or think simply shredding confidential documents will suffice.

As ID fraudsters used more advanced technology, consumer and businesses need to be more aware of how to protect themselves.


GMAC scoops securitisation award

GMAC-RFC has been named issuer of the year 2006 at the annual International Securitisation Report awards. The award recognises GMAC-RFC establishing new structures, entering new markets and lending new products. GMAC-RFC is the only lender in offering mortgage product across the full spectrum of credit in a number of jurisdictions under the same brand name. […]

Landlords prefer to buy closer to home

New research for Landlord Mortgages has revealed that just over 77% of buy-to-let investors still choose to invest in their local area. Even in London, which boasts some of the highest house prices in the UK, over half of investors still choose to buy a property within five miles of their own residence.Investors who were […]

ifs predicts growth in insolvencies

ifs School of Finance has predicted that there will be an increase in insolvencies.This prediction was in response to figures released by The Insolvency Service which showed that there were 29,804 individual insolvencies in England and Wales in the final quarter of 2006 taking the annual number of insolvencies for 2006 to 107,288.Anne Kiem, director […]

Equity release growth “promising”, says Pru

Prudential says the 19% increase in equity release business is a promising start to 2007.Ali Crossley, director for lifetime mortgages at Prudential, says: It is great to see that the level of new business in the equity release market has continued to grow over the last year. A 19% increase compared to the same time […]


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