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Avoid_Being_the_Victim_of_Credit_Card_Fraud

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					Title:
Avoid Being the Victim of Credit Card Fraud

Word Count:
465

Summary:
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?


Keywords:
Credit card, credit, fraud, identity theft, Pin numbers, statements,
finance


Article Body:
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.

<b>Take The Right Steps</b>

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.

<b>Do’s and Don’ts</b>
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.

				
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posted:2/17/2010
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Description: My Articles about Credit cards and about their security.