Money Matters: Secure funds by shredding documents

Reported by: Brittany Price
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 11/07/2012 9:55 am

Extra clutter isn't the only consequence of letting documents with personal information pile high.

"You can end up losing thousands of dollars within seconds if the wrong people get that information," Rachelle Jones, Goodwill Operations Manager said.

Jones said it's a mistake that costs Americans billions each year.

"The Bureau of Justice did a report in 2010 that estimated U.S. households lost $13.3 billion due to identity theft," Jones said.  

To avoid being a statistic, rip documents to shreds.

"Anything that you've held past a retention period such as your tax returns, your bank statements, credit card statements and medical records," Jones said.

Jones added there are benefits to having files professionally torn up.

"Having those papers in your home and putting them into your trashcan in your backyard is an easy way for thieves to get a hold of your information. It's like a treasure trove out there," Jones said. 

Jones said the work they do at Goodwill's Document Destruction site goes far beyond the typical home shredder.

"We go through a process here where we cross-cut all the material that comes through here. It's not like sending it through your shredder at home. This information that's destroyed here will never be able to be put back together," Jones said.  

Records are cut into confetti at the highly- secure zone.

"We go through a process where we're audited extensively, the facility is secure, we have camera systems in place and this facility remains locked at all times," Jones said.  

That protection comes with a price tag. 

"By the pound we charge 32 cents. By the box it's seven dollars per box for a legal size box," Jones said.  

That's a small price to pay for peace of mind.

"Because we're a non-profit we don't have to make a profit so anything you do through us is going to be cheaper," Jones said.

Goodwill then packs scraps into bales and recycles them.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
Lubbock Weather
80°
Mostly Cloudy

Wind: E 10 mph
Feels Like: 81°
High: 96°
Low: 70°
Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.