• 4 Vital tips to avoid credit fraud
If someone is illegally using your credit card or credit numbers without your knowledge, you are probably subjected to credit fraud. In case you face credit fraud, you must immediately report this information to the Federal Trade Commission (FTC). The FTC can provide you with law enforcement agencies to protect you from this problem. You must also lodge a complaint with the Consumer Sentinel. It records internet, telemarketing and identity theft complaints and also other fraud related activities. However, this article provides you with other tips you need to know to protect yourself from credit fraud.
  • Tips to avoid credit fraud
Here are some tips you need to follow in order to protect yourself from credit card fraud.
  1. Be careful when you travel – When you are traveling abroad, you must definitely try to keep your credit card safely. It is better to keep your credit card in a secure place other than your wallet where pick-pocketing is frequent. Make sure to check whether you are charged the right amount and be careful to sign the receipt and fill in any necessary blanks of your receipt.
  2. Shop online cautiously – You must shop only on those websites those have SSL certificates. This kind of a certificate ensures that you will have a secure encryption of your credit card number and your personal information while you are making online purchases. During an online purchase you must be careful to look for “https” or padlock icon in the address bar, both which proves the site is secure.
  3. Check your statement – Make sure to review your credit card statement each and every month. You can also check your credit card statement online. Thus, you can easily check your credit card statement online whenever you want. Find out if you are able to account for each and every purchase. Make certain to report to the company if there are any unauthorized charges.
  4. Privacy Policy – Secure knowledge about the privacy policy. The major online retailers generally have a Privacy Policy and terms and conditions. These help you to understand how these online retailers utilize your personal information. However, most websites will be willing to tell you how safe are your credit card information.
Apart from utilizing the tips mentioned above you must also never lend your credit card to anyone, leave cards and receipts lying around and furnish your account number over the phone.