You should never throw out any piece of paper with any contact information on it. Any such papers should be shredded, rather than tossed out. In particular, never throw out credit card statements, always shred them, preferably in a cross-cut shredder. If you are not taking the risk of identity theft seriously, this article on "The Torn Up Credit Card Application" should strike an appropriate amount of fear, just enough to convince you to buy a small home-office shredder.
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