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Lost_Or_Stolen_Credit_Card_Advice

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					Lost Or Stolen Credit Card Advice

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490

Summary:
Another way to stop loss or theft is to only carry out the cards you need
each time. It is unlikely you will need all your cards every time you go
out. If you keep them at home then they are less likely to need
replacing. Just take out what you need.


Keywords:
credit cards,balance transfers,cash back,advice,purchases,news,credit
cards uk,visa,mastercard


Article Body:
If you have a credit card, then the chances are that sometime in your
life you might either lose a card or have it stolen. Although this can
seem like a nightmare, there are ways to sort the problem out quickly and
easily without losing your ability to spend money or losing money.

Here are some tips about what to do when your card is lost or stolen, and
how to prevent it happening:

Cancel ASAP

If you know your card has been lost or stolen, cancel the card at the
first available opportunity. The quicker you cancel the card then the
less chance someone else has to use it and the quicker you can be sent
another card. You should always keep your credit card company numbers in
a number of locations so that you can ring the company even if your
wallet is taken.

Review your statements

If your card is stolen or not, you should regularly review your
statements to check for irregularities. If someone has gotten hold of
your card number or cloned your card then they could be buying things on
your card even if you still have it. If you see anything suspicious then
contact your card issuer immediately.

Be careful with paperwork

Any paperwork pertaining to your cards should be kept in a safe and
secure place. If you are throwing out old statements, make sure that you
dispose of them properly. The best way to dispose of bank information is
to shred the items thoroughly so people cannot use them to get your
account information.

Be careful with your PIN
Even if someone gets hold of your card, if you have a secure pin they are
unlikely to be able to use the card. Make sure your PIN is not written
down anywhere, especially near your cards. Also, never give your PIN to
anyone, even friends and family. If you PIN is secure then your card is
going to be safer.

Get insurance

One of the best ways to protect your cards is to get protection
insurance. If your cards are lost or stolen, then you are covered against
any loss. If you use an independent company then you can register all
your cards with them and report multiple losses at once. The registration
company will also request new cards for you.

Only carry what you need

Another way to stop loss or theft is to only carry out the cards you need
each time. It is unlikely you will need all your cards every time you go
out. If you keep them at home then they are less likely to need
replacing. Just take out what you need.
Don’t panic

If you do have your card stolen or lose it, remain calm. If you follow
all of these steps, then you will have a new card in around a week and
you won’t lose any money from unauthorised spending.

				
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posted:3/9/2010
language:English
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