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danger of giving your personal info

I just started comping and taking part in surveys. Today I had a conversation with my friend about doing surveys and she has worn be about the danger of giving some personal information like address, date of birth etc... She said that if the company sells your details someone can use it against you and, for example, can easily open a credit card on your name etc.... I just got worried. Is it possible to open a credit card if your knew someones address, date of birth, job, the name of your bank etc...??
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