Avoiding Credit and Charge Card Fraud

Are you afraid of the credit card and charge card fraud?
Yes, this has become a frequent occurrence by the thieves. A dishonest clerk can be theft credit card information by making an extra imprint from your credit or charge card and uses your account number illegally.

Sometimes you receive mail for free offer on long distance calls or discounted travel package and you may ask to submit your account number so you can be billed. Result will be not at your favor. There will be certain reason shown by the service providers and you will not avail any benefits. This is the kind of fraud you may trap easily if follow these false offers.

Each year credit card frauds have been emptied millions of dollars from the authorized credit and charge card holders. Credit card fraud can be occurred in many ways such as someone use your card number without your knowledge.

It’s very difficult to ensure a 100% protection to your credit or charge card, yet you can take precautions to minimize the possibility.

Safeguard Your Credit Card

You should

• Put signature on your card soon you receive.
• You should carry your card in business card holder or a separate pouch.
• Try to remember or maintain a secret record of your account number, their expiration dates and the phone number and address of each company in a secure place.
• Stay vigilant to your card during the transaction and get it back as quickly as possible.
• If you receive incorrect receive just cancel it.
• Collect both original as well as carbon copy of the receipt and destroy the copies if not required.
• Can stock receipts to compare billing statements.
• Open bills promptly and reconcile accounts monthly, just as you would your checking account.
• Report any questionable charges promptly and in writing to the card issuer.
• Notify card companies in advance of a change in address.

• Don’t lend your card(s) to anyone.
• Leaving credit or charge cards receipt any public places or offices.
• Sign on a blank receipt. When you sign a receipt, draw a line through any blank spaces above the total.
• Writing account number on a postcard or the outside of an envelope, which may come into other’s knowledge.
• Unless a reputed company giving out your account number over the phone is risky. If you have questions about a company, check it out with your local consumer protection office or Better Business Bureau.
• It is wise to not sign a statement if you suspect fraud with your credit card.

Credit Fraud Protection | Credit Card Fraud Protection | Avoid Credit Report Fraud | Reporting Credit Card Fraud | Credit Card Fraud Prevention