ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::Credit

Avoid Being the Victim of Credit Card Fraud

Author : Joseph Kenny
Are you aware of how many ways there are for thieves to take access of your credit card accounts and make unauthorised charges against your account? Simply by rummaging through old receipts that you have thrown out or left somewhere public, or by a shop assistant quickly scribbling down your card details while they are out of your sight, or by an untrustworthy seller who you give your details to on the phone, by mail or on the internet, your private account details can be taken and abused by anyone.



While most of these situations are quite rare, and there are safety measures in place to avoid the abuses they highlight, it is a fact that credit card fraud and identity theft is a growing problem that is costing the financial services industry more and more each year. Therefore it is important to be aware of the potential dangers and be familiar with a few simple steps you can take to reduce the risk that you will become the victim of identity theft.



Take The Right Steps



One of the simplest steps you can take is to sign all your cards on the signature strip on the back as soon as they arrive. You can also consider carrying your cards separately from your wallet and driver’s licence so that if someone were to find them, they wouldn’t necessarily have your identity and address. Keep your pin numbers etc. somewhere safe and never with your cards. If it is possible, the safest thing to do is to memorise and then destroy pin numbers.



If your card is out of sight during a transaction try to see what is going on behind the counter and seek to get it back as soon as possible. While still relatively rare, there is a lot of information on your card, which can be copied and used later on. You should destroy receipts if you do not need them. You should also check carefully all your monthly statements and make sure that all charges were in fact made by you. IF you have any doubts, contact your card issuer immediately to sort it out.



Do’s and Don’ts



Never leave your cards lying around where others can get access to them and don’t lend your card to anyone. Don’t sign blank receipts and never give your account details over the phone, by mail or on the Internet unless you are sure you are dealing with a company that you know and can trust.



If you do suspect fraud, or if you lose your cards, report it immediately to your card issuer. By following these simple steps you should be able to considerably reduce the risks of card fraud being perpetrated against you.


Article Source: http://www.articledashboard.com





Joseph Kenny is the webmaster of the credit card comparison site www.cardguide.co.uk/ and also CreditCards121.com for the latest credit cards available in the UK. He also writes for the US comparison site Credit Cards Info.





Spam emails More free articles

Related articles


  1. How Do I Establish A Good Line of Credit?
  2. A Debt Mentality
  3. Are You Worried About Credit Card Debt
  4. Say Cheese
  5. Better the Devil You Know
  6. Paying your credit card on time
  7. Did Your Credit Score Today?
  8. Free Credit Reports: Get Yours Today!
  9. Your Consumer Rights
  10. Building Good Business Credit After Bad Credit
  11. Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?
  12. How To Boost Your Credit Score
  13. Balance Transfers Can Help You Stop Putting Money Down The Drain!
  14. Shoppers Beware - 'Tis The Season
  15. New Law Provides Free Annual Credit Report
  16. Everything You Always Wanted To Know About Your Credit Report
  17. Tired Of Being Broke?...Learn How To Force Banks To Give You Money!
  18. Ways to Look Good without Selling Your Soul to the Credit Card Sharks
  19. Credit Report And Correction Techniques
  20. Ten Steps To Building A Good Credit History
  21. First Major Regulatory and Legislative Victory of 2005 for Creditors and Consumers
  22. When You Are Eligible For A Free Credit Report
  23. 10 Ways To Protect Your Financial Identity Being Used For Someone Elses Shopping Spree
  24. Credit Cards, Merchant Accounts, and Your Bottomline
  25. Fun with Credit Cards
More related feeds
Carnival Of Debt Reduction #147
The Money Wise Coach presents Debit Card Fraud Much More Damaging Than Credit Card Fraud “I have always loved the convenience of debit cards, but this recent experience has me re-thinking the cost of that convenience.” ...

How to Avoid Being A Victim of Credit Card Fraud
In the credit bureaus eyes, you are guilty until proven innocent. 10 Quick and Easy Steps You Can Take To Protect Your Credit From Identity Thieves How can you avoid being a victim of such credit card fraud? ...

Identity Thief Part One
TransUnion: 1-800-680-7289; www.transunion.com; Fraud Victim Assistance Division, PO Box 6790, Fullerton, CA 92834-6790. Once you place the fraud alert in your file, you're entitled to order one free copy of your credit report from each ...

Topping the Tax Scam List
These criminals use the information obtained to empty victims' bank accounts, run up credit card charges and apply for loans or credit in their names. Phishing scams often take the form of an email that appears to come from a legitimate ...

Avoid becoming a victim of Credit Card Fraud
Credit Card fraud is on the rise, As part of our "Internet Safety" tips series, we are suggesting certain steps that can help you avoid being a victim of Credit Card fraud. The first step to prevent your credit card from being misused ...

Baby Boomers Are Prime Targets for Identity Thieves
More and more Boomers are being targeted by identity thieves because of their additional sources of income as well as their tendencies to avoid the internet, to rely on paper checks and paper mail, and to easily fall victim to ...

Debit Card Fraud Much More Damaging Than Credit Card Fraud
So what can you do to avoid debit card fraud (or credit card fraud)? While you may not be able to avoid it completely (if a thief really wants your money he’s probably going to get it no matter how cautious you are), here are some steps ...

How to Avoid Credit Card Fraud
Knowing how to avoid credit card fraud is mostly accomplished by being aware of how fraudsters practice their trade, but even more so, by taking easy, basic steps to protect your identity. Don't allow yourself to be a victim!

Riskiest places to use your ATM card
Also, when shopping, opt for credit over debit. Chances are your credit card has 100% fraud liability, whereas your debit card may not. "Basically, avoid using your PIN as much as possible," Litan recommends. ...

Identity Theft
[13] The FTC discussed crimes which exploit consumer credit to commit loan fraud, mortgage fraud, lines-of-credit fraud, credit card fraud, commodities and services frauds. The Identity Theft and Assumption Deterrence Act (2003)[ITADA] ...

 


 

2007 articlesreader.com - All Rights Reserved