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From Shtarmon
Credit card fraud is not new, the businesses appear to be getting a head on how t...
Are you worried about your credit card or debt card being taken? Youre not alone, its estimated that 51% of individuals in britain are worried about their credit and debt cards being taken. Credit card fraud is more people employing their cards, and with a consent fear as there main source of paying for goods and services. It gives the thieves additional possibilities also get data from our cards.
Credit card fraud is not new, the companies be seemingly getting a directly just how to stop the thieves, and chances are they develop a way its a never-ending problem. Credit card skimming is merely one of the issues, that is where they get the information from the magnetic strip and move it onto another card. The companies are trying hard to fight back and they've hit back with the pin & chip card, which is apparently lowering fraud but give time to it no doubt a way will be found by the criminals around that.
There are ways to help your self with credit and debt card fraud, below are some useful tips in keeping the thieves at bay.
Never allow your credit or debt card out of your view
Never keep your Pin number with your card
Dont provide your Pin number out to everyone
When withdrawing money from an ATM device make sure your Pin number can be seen by no one
Examine bank statements cautiously bank is contacted by any problems quickly
Spending money on goods together with your card make sure the quantity before entering Pin
Keep chequebook and cards separate all the time
Report your lost or stolen cards quickly
Make sure you eliminate statements and old cards correctly, making no account numbers obvious
The guidelines above will help you to fight credit or debt card fraud but we've to be vigilant all the time. It offers the thieves more opportunities to have our data so its up to us to complete what we could,, I said earlier with more people paying for goods and services with there cards. Creditors want to put our minds at rest, with online shopping becoming very popular a lot of us be worried about investing in goods on the net. With most of these giving you extra fraud cover most give this cover free, but some do charge you so just talk with your bank card company.
Debt and credit cards are here to stay therefore allows hope in the longer term that the credit card companies, can rid us of credit card fraud but I'm afraid its big business costing millions to us every year.
