This is done to prevent thieves from finding this essential information in your trash. It is kind of extreme though because this scenario seems straight out of a recent Hollywood offering but it does happen and in this case, it is better to err in the side of caution than suffer the tremendous headache, confusion and gigantic problems that besiege victims of identity theft. With your stolen credit information in the wrong hands, impostors may also be able to open new credit card accounts in your own name. When using these credit cards and foot the bill in your name, such delinquencies will be reported on your credit report. This will make it harder for you to upgrade or make effective use of your own credit account because of your worsening credit record without you even knowing it. It is far more convenient than any existing functions, paves effective, immediate response to the flow of results that goes about in the corporate, as well as the commercial world. Almost all manufacturing corporations have applied the e-commerce way in trading their productions. In as much as the online services is adapted, emerged the rampant flow of all kinds of thieves to victimize any unfortunate subject inside the e-biz conglomerates. Ten months later, Frank, of Laguna Niguel, California, had a creditor call him about "her" outstanding debt and it was a lot, a huge lot, including payments for a red convertible that she apparently bought. What is more, the culprit found Frank's business cards and even impersonated her. Frank got weak in the knees and really dizzy when she heard the shocking, almost surreal news. Being online has made two dimensions of physical and virtual lives, working to meet and accomplish business negotiations. Online transactions saved amount of time and effort like no other methods can. It has a complex yet very lucrative system all business people will avail for better services. The convenience itself is the beginning of horror. Other identity numbers, such as specialized ATM s, Credit Cards, Master Cards, issued for high end use, and benefits with high potential credibility, are approved and released on strict and stiff screening process that allow the individual, to use on international travel and expense abroad, instead of carrying cash bulk, or money transfers that entail more time and effort.