Friday, May 1, 2009

Avoiding credit card fraud

There are things you can do to avoid credit card fraud and there are things that you shouldn’t do. Most of it is common sense and a few things that you may not have considered. Credit card fraud affects millions of card holders each year.

Do:

  • Make ure to sign the card when you get it. Just doing this will help avoid huge potential problems if your card is stolen.
  • Do you know your credit card number? When it expires? Keep a hard copy of this information in a safe place.
  • You didn’t buy tickets to Las Vegas? Well who did? Always check your statement carefully.
  • Keep those receipts. They might come in handy.

    Don’t:
  • Lend your card to someone. You wouldn’t lend your card to anyone, would you? I didn’t think so.
  • Give your number to shady business. I know that everybody has given their credit card number over the phone. Please make sure that you are giving it to a reputable business.
  • Leave your receipts where someone can find them. Don't make it that easy to get ripped off.