Looking for ideas and approaches that you can do to prevent you from be credit card fraud victim?
Credit card fraud has become a major problem of personal finance with 9 million Americans suffer identity theft each year according to the Federal Trade Commission.
What is identity theft?
identity theft involves the scammer acquire a credit card or open an account under the name of a person using their social security number or other details specific to the person to validate the account.
the scammer uses the account as a source of credit for their spending, leaving the heavy bills of registrant.
law provides that the person to pay only $ 50 per card if they report fraud in a hurry. This, however, still leaves a heavy burden on the registered card holder from the credit card company gets its revenue losses through higher interest rates and higher premiums charged on their clientele.
There are a number of approaches you can take to protect yourself against such fraudulent events.
Pay attention to the actions of wickets
When using credit cards, you need to do Attention due to the actions of the window during the transaction to ensure that nothing criminal happens.
Immediately when they finish loading the card, it must be returned to your possession. Regarding revenue, cross over all unfilled areas before signing them.
Keep mailing address update
Keep your address updated with personal finance providers to prevent unauthorized people to get your information.
This should help you determine if someone has filed a change of address on your behalf to obtain your personal information.
Reconciling your monthly accounts
The Federal Trade Commission recommends that you reconcile your accounts each month to allow rapid identification of fraudulent activities in your billing accounts.
This gives you enough time to report to the service provider concerned. This condition requires to save all your receipts for comparison to the bills.
Keep your confidential social security number
Keep confidential personal data such as your social security number.
Not wear your ID and credit cards as well as your wallet can go a long way in reducing the risk of exposure because of wallet theft.
Report of fraudulent activity in writing
in the case of fraudulent activity in your accounts, you must report the activity, preferably in writing, the service provider personal finances.
a copy of the written complaint acts as proof of the complaint itself, giving you a better quality in a lawsuit.
does not give details of the account by phone
Finally, a bit obvious, but worth mentioning, you should not give your credit card account information on phone calls unless you made the call, and even then only with trusted companies. The same should apply for websites
Photo credit :. Skibler via photopin cc
0 Komentar