Do you know about Consumer Protection for credit card user

Most often, worry about the credit card is a stolen card. Such a flight could occur as a result of the loss of innocence of your portfolio, who is the victim of an aggressor or a pickpocket, or less direct methods such as thieves go through trash.

If you have pre-offer credit card (and most of us all the time), make sure you grind if you're not interested, do not simply run these offers in the trash. This is particularly important if you send them a real card, which is also very common. Cut the card in place.

True story: when I worked at Sears in the school, a guy approached me and said, "Hey, I have a lot of my Visa card stolen from the people mailboxes. If I may make a lot of purchases with them, I'll sell the stuff and split the money with you. "I knew that this condition and clearly wanted nothing to do with it. So I told my supervisor and we called the police. They suggested the creation of an injection. When the fraud came into the store and made a lot of big purchases, I (wink wink) ran through the credit card and obtained approved. Since they were, in fact, large purchases, I would go to the loading dock to pick them up. He walked into the police and put the badge and a gun in his face. Sometimes, crime does not pay. Now, do you want to know how much more stupid this episode was from the fraud guy? This happened at the time Scars did not even take Visa!

I heard many people say: "I would never make a purchase on this new Internet thing kind. You must give them your credit card number. "Well, yes, you do. You can also do this every time you go to a restaurant and pay by credit card. 50% of all credit card fraud perpetrated in the face-to-face transactions, such as returning your card to a waitress or a clerk. And yes, the other 50% occurs on the Internet. Let's face it, when the card from your hand, it is someone else. There are machines that can copy the magnetic strip on your credit card in seconds. Even more low-tech is simply an opportunity for someone to copy number, even the little "secret" number to three digits back of the card. This is called skimming.

Credit card fraud costs hundreds of millions of dollars per year and most of this burden is placed on the market, which is why my Visa card at Sears thief wanted my cooperation. Retailers have to protect themselves in order not to be stuck holding the bag. Of course, the merchant receives more than the victims, most consumer prices will in order to compensate. Thus, we all bear the brunt of crime.

Keep your account numbers and credit card phone numbers in a safe place. Keep them in your wallet with your card is not a safe place. Can you say "termination?" As a backup, you can also view your most recent statement, which probably means that the information.

Do not carry your credit cards with you. If you have eight credit cards, you do not need eight hours with you all at the same time, just for that reason. I mean, if your wallet is stolen, you must cancel your cards and it will take some days to get new ones. This could leave you without credit cards, which is not a comfortable position to be in.
If you've left three of them back in your safe, at least you can use them in the meantime.

Another thing to think: some cards can be used as either a debit or credit card. If you make a face-to-face transaction and asks if you want to use your debit card or credit still claim the credit. What reason? With direct debit, you must enter your PIN (Personal Identification Number). This gives people around you, as clerk, or even that one a few meters with the camera phone an opportunity not only to obtain your account number, your PIN as well.