Credit Card Fraud: How to Protect Yourself

As technology has increased, so has credit card fraud.Identification Number) on the back of the card.
There are some simple steps that you can take toRecord: It is a good idea to write down all of your
help protect yourself from credit card fraud. Let's lookcredit card account numbers and the expirations dates.
at these more closely.You should also include the contact phone numbers
Keep It Close: You should never let your credit cardand addresses of the card issuer. Keep this list in a
out of sight unless it cannot be helped.very secure place where no one else can get to it.
Tight Lips: Never give your credit card number outUse it in case of fire or flood damage to your home.
over the phone unless you are certain you know whoBe Prompt: One of the best defenses against credit
you are talking to or ordering from. The best advicecard fraud is to open your statement as soon as you
for phone orders is that you make the call. Thisget it. Look for any unauthorized charges. If you find
assures you that you are talking to the people whounauthorized charges report those charges
are at the number dialed. If someone calls you, do notimmediately to the credit card issuer.
give out your information. There are no legitimateBe Tidy: Anything with your credit card information on
companies who call and ask for credit card numbers.it should be destroyed as soon as you no longer need
The same holds true for emails. Legitimate companiesit. If you cannot destroy it, place it in a secure box.
do not email customers requesting credit cardCut the Carbon: Carbon copy paper is not used much
information. This type of credit card fraud has becomeanymore but you still see it in some places. Make sure
a global problem. This same type of credit card fraudyou get the carbon copy from the vendor and that
might ask you to go to a website to verify personalyou either destroy it or secure it.
information and card information. Do not go there. ThisNotify: If you are planning to move, notify the issuer in
is known as phishing (pronounced fishing).advance and make arrangements for your mail
Sign It: Make it a habit to always sign the back of yourdelivery during the transition. You do not want your
credit card the moment you get it.statements arriving at the old address. You should also
Shred It: If you get credit card applications that you arecontact the Post Office.
not planning to apply for shred them immediately. ThisIf you suspect credit card fraud, contact the issuer
can help avoid future credit card fraud shouldimmediately. Most companies have a toll free phone
someone take the application from your trash bin.number you can use for this. Keep in mind that in
Secure Sites: When giving out information on acases of credit card fraud much of your liability is
website, make sure the site is secure. You should seedetermined by how fast you contact the issuer.
a small lock icon on secure pages.According to federal law, once you have reported the
Protect the PIN: Keep your PIN in a place that is notloss or theft of your credit card, you are not
near the credit card. Do not write your PIN (Personalresponsibility for unauthorized charges.