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Final answer:
Identity theft prevention involves several key steps, including monitoring credit reports and bank statements. However, it is advisable to avoid unnecessary credit card applications to mitigate identity theft risks.
Explanation:
Identity theft prevention is crucial and involves various measures such as safeguarding personal information, monitoring credit reports, and checking bank and credit card statements regularly. However, one should never apply for a credit card unnecessarily as a precaution to prevent identity theft. Applying for credit cards without a genuine need can increase the risk of unauthorized access to personal information.
Learn more about Identity theft prevention here:
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