The link between ID theft and going green

The link between ID theft and going green

  • Comments 1

image

One thing I’ve been impressed by as I’ve settled in to life in the US is the easy with which you can choose to have most of your statements from banks, insurance, utilities and pretty much everyone else delivered to you electronically. The reason most companies give for this choice (which they often set as the default) is to save trees – my suspicion is they’re at least as keen to help you avoid ID theft but they don’t mention that for fear of spooking people. I’m totally cool with it – saving trees and saving my ID and both important and I was reminded of the latter with a great infographic from which the above stat is taken. see below courtesy of Reflectionof.me



  • The disadvantage is if the site doesn't keep statements for you online for long enough; only six months is common in the UK which isn't enough for doing your taxes and utterly useless if you get a tax audit. Alliance & Leicester used to charge £5-10 per statement copy! It's less about going green and more about transferring the cost of printing and posting the statements to the customer, who has to download and save or even download and print. The ID theft angle is an added bonus but it can get expensive and frustrating if you don't remember to check what you need to preserve locally!

Page 1 of 1 (1 items)