A recent survey reveals that most consumers aren’t checking their credit reports and bank statements as much as they should be.

San Francisco, CA -- (SBWire) -- 09/17/2014 --A recent survey was published by BestIDTheftCompanys.com, or BIDTC, that revealed how often consumers check their bank statements and credit reports for fraud. This survey was distributed to hundreds of consumers all over the nation. Within each demographic, interesting data surfaced. But the overall result was the most interesting statistic of all.

How often do you check your bank statements and/or credit report for fraud?

A)Never – 33.2 percent
B)Multiple times each month – 26.3 percent
C)Once a month – 26.2 percent
D)Once a year – 7.6 percent
E)A couple times a year – 6.8 percent

33.2 percent of the consumers surveyed never check their bank statements and credit reports to check for fraud. This response raises concern to the identity theft experts at BIDTC. The following is a comment made by an expert after reviewing results:

"I was blown away by the fact that most consumers don't take identity fraud more seriously," says BIDTC website manager, Amber Newby. "It happens so often, and consumers should definitely be checking their credit reports and statements more frequently."

The next highest results were almost a tie. 26 percent of consumers surveyed are checking their bank statements and credit reports either once a month or multiple times a month.

BIDTC recently posted an article on this survey and analyzed and compared the results by demographic. Their research brought up a few interesting statistical findings.

Their most significant find was within the comparison by age. Consumers who were over the age of 65 were much more concerned about checking their bank statements and credit reports than those between the ages of 18-24. A big 50.7 percent of consumers between the ages of 18-24 never check their reports and statements, while only 15 percent over the age of 65 had the same response. Yet, a full 39 percent of those over the age of 65 claimed they check their statements and reports multiple times a month.

BIDTC's article also gives some valuable advice. They insist that consumers should be checking their credit reports at least a couple of times a year. If consumers are checking their reports and statements any less than that, they are running the risk of becoming susceptible to identity fraud.

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Media Contact:
Rachel Patterson
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