| Credit card theft is one of the most dreaded situations | | | | your account frequently. Of course, you should always |
| any cardholders do want to be in. If your card has | | | | check your account even if you did not lose it |
| been stolen, you need to take swift action. The first | | | | because many unscrupulous people can actually make |
| thing you need to do is to notify your card company of | | | | purchases using card numbers alone. |
| the situation, immediately. The sooner you report the | | | | However, if you checked your account and noticed |
| loss, the less likely it is that you will be held liable for | | | | that several unauthorized purchases have been made |
| any fraudulent charges. | | | | using your card number, you need to contact your |
| Many credit companies will not hold cardholders liable | | | | card company as soon as possible. Give a detailed |
| for unauthorized uses as long as the situation has | | | | explanation and indicate the details of the fraudulent |
| been reported at specified days. Some credit card | | | | charges made. |
| companies could charge you certain amount of money | | | | Next, you need to create a letter and recount the |
| if the thief used the card is not reported as stolen fast | | | | situation. Include the date that the card was stolen, the |
| enough. | | | | date where unauthorized charges were made with |
| On the other hand, if the thief used only the card | | | | and the date that you reported the loss of your card. |
| number and not the physical card when making | | | | Send the letter through certified mail with a return |
| purchases, you will not be liable for any fraudulent | | | | receipt requested to the card company's address for |
| charges at all. If the fraudulent charges are made using | | | | the correspondence. Make sure you are mailing the |
| only your credit number and not your physical credit | | | | letter to the right address, as the address may be |
| card, you will not be liable for any of the fraudulent | | | | different from the payment processing address. |
| charges. | | | | Finally, keep a copy of your card number as well as |
| The good news is that certain technological advances | | | | the number for your credit issuer's customer service. |
| made it easy to detect fraudulent charges made with | | | | Keep it somewhere safe. This way, you can contact |
| a stolen card. In order to track down any purchases | | | | your creditor once your card has been lost or stolen. |
| made on your stolen card, you can start by checking | | | | |