Thursday, August 15, 2013

Tips To Avoid Credit Card Scam And Fraud

By Cathy Green


Credit card fraud is increasing day-by-day. A lot of consumers have to deal with card fraud every now and then. This has only aggravated by the advent of the Internet where fraudsters trick a lot of consumers in credit card traps and scams.

Getting to know everything about the credit card scams is one of the best ways to prevent such frauds. As a credit card holder, you should be aware of all the methods used in shopping on the Internet and need to know other things that may help you in preventing such types of frauds.

The first thing you should do is never put your credit card details out of sight while shopping online. In addition, you should always cover all your credit card details while making any transactions and hide them in a proper way.

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.

Destroy all the personal information that you get once you know them as soon as you receive them along with your credit card. This will help in preventing the information falling into the wrong hands.

You should share the details of your credit card on the phone only when you have instigated the call or know the company very well. This will prevent your credit card information being misused by fraudsters.

You can also prevent credit card fraud or scam by shopping at websites that are considered secured for shopping. You can come to know if a site is secured by looking for the security icon such as a locked padlock on the website.

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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