Thursday, March 13, 2014

A Long Island Cpa's Take On Avoiding Credit Fraud

By Robin Setser


It's unfortunate that credit card fraud is such a big problem that just about everyone has fallen to it at one point or another. While there are many individuals who are careful about the money that they spend from day to day, sometimes this is not enough. There may be another level of care that has to be taken. In order for this level of fraud to be kept at a minimum, I believe that a Long Island CPA can bring a number of precautions to your attention.

It goes without saying that your personal information is going to be important, so be careful about who has access to it. This goes for a number of different factors, Social Security numbers and street addresses amongst them. If you give these to an entity you're not familiar with, it's a risky move that any Long Island CPA will stress against. It is important to be careful about who has access to such things, as authorities the likes of Gettry Marcus will be able to relay to you.

For those who pay their bills on time, it may be worth noting the idea of electronic means. In my experience, this is a far more accessible platform and it is one that is more secure. While sending physical mail is fine on its own, it's worth keeping in mind how certain documents can fall into the hands of someone who may use them to their benefit. With this in mind, the Internet is usually much more effective, as the systems put into place are usually much more secure.

If you ask me, the most important step to take into account when it comes to credit fraud is the presence of statements. You are going to want to look over every single one, as a Long Island CPA can tell you, assessing each purchase so that you will be able to recognize them. That being said, is it possible that you can come across one, in your name, that you have absolutely no recollection of? If this is the case, the sooner that you can tell your bank about this, the better off you will be.

If you want to maintain a strong level of credit, you want to be able to keep your credit rating as steady as possible. Those who are able to do so may find it easier to, amongst other endeavors, take out loans. What happens, though, when it seems as though instances of fraud play into this matter in the worst of ways? If this is the case, you have to be able to understand what it is that you can do so that you will be left with a securer account in the long term.




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