Tags: Protecting | Yourself | From | Credit | Card | Fraud

Protecting Yourself From Credit Card Fraud

Friday, 18 March 2005 12:00 AM

1. Sign your cards as soon as they arrive.

2. Carry your cards separately from your wallet.

3. Keep a record of your account numbers, their expiration dates, and the phone number and address of each card company in a secure place.

4. Keep an eye on your card during the transaction, and get it back as quickly as possible.

5. Void incorrect receipts.

6. Destroy carbons.

7. Save receipts to compare with billing statements.

8. Open bills promptly and reconcile accounts monthly, just as you would your checking account.

9. Report any questionable charges promptly and in writing to the card issuer.

10. Notify card companies in advance of a change in address.

1. Lend your cards to anyone.

2. Leave cards or receipts lying around.

3. Sign a blank receipt.

4. Write your account number on a postcard or the outside of an envelope.

5. Give out your account number over the phone (or online) unless you are making the call to a company you know is reputable.

What should you do to report a loss and/or fraud?

If you lose your credit cards, or if you realize they have been lost or stolen, immediately call the issuer. Many credit card companies have toll-free numbers and 24-hour service to handle such emergencies. If you suspect fraud, you may be asked to sign a statement under oath that you did not make the purchases in question.

For more details on credit card fraud, call the FTC toll-free at 1-877-FTC-HELP or log on to www.ftc.gov.

Do not help them!

Just by adhering to the basic tips above, you will make the credit card crook's job much more difficult. A clever idea is to safeguard your credit card information just as you would your other significant personal details, such as your Social Security number and banking information.

Don't let some swindler change your credit card plastic into their cash.

(Note: If you manufacture or distribute any Security, Safety, Emergency Preparedness, Homeland Defense or Crime Prevention related products, please send information on your product line for possible future reference in this column to: CrimePrevention123@yahoo.com.)

Copyright 2005 by Bruce Mandelblit

"Staying Safe" with Bruce Mandelblit is a regular column for the readers of NewsMax.com and NewsMax Magazine.

Bruce welcomes your thoughts. His e-mail address is: CrimePrevention123@yahoo.com.

Bruce is a nationally known security journalist, as well as a recently retired, highly decorated reserve Law Enforcement Officer.

Bruce writes Staying Safe, a weekly syndicated column covering the topics of security, safety and crime prevention.

Bruce was commissioned as a Kentucky Colonel – the state's highest honor – for his public service. This column is provided for general information purposes only. Please check with your local law enforcement agency and legal professional for information specific to you and your jurisdiction.

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1. Sign your cards as soon as they arrive. 2. Carry your cards separately from your wallet. 3. Keep a record of your account numbers, their expiration dates, and the phone number and address of each card company in a secure place. 4. Keep an eye on your card during the...
Protecting,Yourself,From,Credit,Card,Fraud
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2005-00-18
Friday, 18 March 2005 12:00 AM
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