How Does Credit Card Fraud Happen?

One of the most convenient methods of payment is- Swapping at ATM Machines
using a credit card, but they do come with risks. When- Unsecure Websites
someone gets a hold of your credit card number andNow that you know how someone might steal your
uses it you can lose money and it could cost you yourcredit card or the number you can be aware and use
entire limit. Even though theft is the most popular formthese guidelines to keep yourself protected.
of credit card and charge card fraud, there are other- Put your signature and "SEE ID" on the back of your
ways that fraud can happen. Misappropriation iscredit cards immediately
another form of fraud. Using your credit card number- Get rid of expired cards by shredding them
without the card present is another popular credit card- Never keep your pin number in your wallet or on your
fraud. Here are some examples of Misappropriation.card
- A server at a local restaurant copies down your- Make sure to treat your credit cards like they are
credit card number and expiration datereal money
- You receive a phone call and all you have to do is- Always go through your statements to verify that
provide your credit card number and expiration date toeverything is correct
qualify for a discount on a vacation or something else- If you lose your card or it is stolen report it
- Someone goes through your trash or steals yourimmediately
trash and find receipts or carbon copies with your- Watch what clerks and servers are doing with your
number on itcard when it is being used
- Someone in a store swipes your number off their- Always "x" out the tip spot on the receipt if you tip in
copy of the receipt after you make a purchasecash and never sign a blank receipt
Someone can get your actual credit card or theUse this knowledge to help protect yourself from
information from the following:credit card fraud. Also, you should always be very
- Fake emailscareful who you allow to borrow your card or use it
- Actual theftfor any reason whatsoever. This will keep you from
- Stealing your pursehaving any surprises on your statements each month.
- Phishing schemes