Sunday, August 4, 2013

How To Avoid Credit Card Scam And Fraud

By Cathy Green


There has been a tremendous increase in credit card fraud. Many customers have to deal with one or another type of credit card fraud. The rise of online payments has only increased such types of frauds as there are many people who trick people and trap them in credit card scams.

The best way to get rid of falling into credit card scams is knowledge. You should know everything when shopping for credit cards on the Internet. Apart from having adequate knowledge, there are also other things, which you need to keep in mind to avoid falling victim to credit card fraud.

You should never keep the details of your credit card out of sight as there are chances that they might fall into the wrong hands. Furthermore, you should cover all your important credit card details while making payments on the Internet.

Secondly, you should never divulge your personal identification or PIN and other confidential information to callers who claim to be from your credit card company or banks or any other financial institution. You should always check with the relevant entity before giving out the details.

As soon as you receive all your credit card information and know it, you should immediately destroy any documents or receipts that contain personal financial information. Doing so will prevent the information from falling into the wrong hands.

Always share your credit card details only with those with whom you have instigated the call or are aware that such company is going to call you to ask for your credit card details. This will highly help in preventing credit card fraud.

Another way of preventing credit card scam and fraud is that you should shop only at secure websites. While shopping online, see to it that the website shows the security icon such as a locked padlock.

By keeping these things in mind, you can definitely prevent credit card scam. Credit card frauds have become common these days but if you take the right kind of precaution, then you can easily save yourself from falling prey to credit card frauds.




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