Important records and files shredded through a paper shredder will be

Another reason why important personal records and files must be destroyed is to avoid identity theft. Identity theft is simply when another person is assuming the persona of another person. Important records and files shredded through a paper shredder will be impossible to read – thus eliminating the possibility of identity theft..

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With rates forecast to then stay at those levels, a typical borrower is up for extra $2400 in 2011-12. To make matters worse, bank executives such as Westpac CEO Gail Kelly have been threatening to keep increasing their lending rates by amounts greater than RBA rises. Each additional 0.1 per cent adds $250 a year to repayments on a $300,000 loan..

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