Credit
Card Fraud
Protect
Yourself from Credit Card Fraud
In the United Kingdom Credit Card fraud has been on the increase
for many years and has got more sophisticated as the banks and the
police seek address this problem.
Online
Consumer Information Services ( OCIS ) gives you useful
advice on how to look after your credit cards and what you need
to do if they are lost or stolen.
-
Don't let them out of your sight when purchasing goods or ask
anyone to look after them for you. Know where your credit cards
are at all times.
- Fraudsters
use credit card reciepts so make sure you dispose of them safetly.
Tear them up before placing in a bin, as it is known for some
fraudsters to search bins for clues to your card details using
these old reciepts.
- Keep
your Personal Identification Number (PIN) and ever write
down your and never disclose it to anyone.
- Although
some banks and building societies try to combat this problem,
when you make a transaction from a cash machine be wary of those
around you.
- Always
report lost or stolen cards immediately to the card issuer and
the police. Details of the issuers 24 hour emergency number is
given on your credit card statements. If you do not you could
be liable.
- Companies
such as Card Protection Plan (CPP) can offer additional
help. For a small annual fee they will take the stress and
hassle of cancelling lost or stolen credit cards for you.
All you need do is provide details of the cards you have
and contact them in an emergency. Then leave the rest to
them.
Help protect yourself from Identity Fraud with CreditExpert.
Click
here for an online credit report
List
of Major Credit Card Providers
OCIS
provide general financial information, we urge you to consult an
Independent
Financial Adviser ( IFA )
before making any important decisions about your finances. |
