Personal documents are a part of life that are not going to be going anywhere soon. Most documents contain personal information such as addresses, social security numbers, credit card numbers or even bank account numbers. If this type of information got into the wrong hands, then you could be at risk for a stolen identity. Having to fix this will not only take time and effort, but it can damage your credit and bring you lots of headaches.
Source: http://www.articlesbase.com/shopping-articles/how-paper-shredders-can-protect-your-identity-5639722.html
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