Saturday, September 7, 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.

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.

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.

You should not disclose your personal identification numbers (PINs), passwords and other confidential details to spams or callers claiming to be from the card companies or the police or the banks. You should first check with your bank before giving out details to anyone.

Whenever you receive all your credit card information the first thing you should do is destroy all the documents that contain your personal financial information about credit card once you know all of them. This will prevent the information from falling into the hands of frauds and cheats.

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.

You should make sure that you shop only at secure websites. Also ensure that the website you are shopping on 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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