Ways to prevent credit card frauds

In today’s capitalist driven society, credit cards are a way of life. Using credit cards wisely can even benefit a person by helping them build a good credit rating which is essential when applying for loans, renting vehicles or staying in a hotel. Credit card fraud is a problem that is now flourishing due to sophisticated scams and credit card theft. Most credit card fraud involves lost or stolen credit cards. There are ways to prevent credit card fraud and you must always be cautious to take steps to ensure the security of your cards. Here are a few ways to guard against credit card fraud:
- Do not carry more than two credit cards on you at all times.
- Always keep copies of your credit cards’ toll free numbers on you.
- Do not leave your purse or wallet unattended in public.
- Make sure that you get your credit card back after buying something.
- Do not keep your cards in an obvious place in your home.
- As soon as you receive your card make sure to sign it in ink.
- Never let anyone borrow your card.
- If you do not receive new or reissued cards by the due date then call immediately to report it to the credit card company.
- If possible, make sure that only you and your postal carrier have access to your mail box.
- Shred all credit card receipts and pre-approved credit card offers before throwing them away and keep your billing statements in a secure place.
- Cut your credit card into several pieces once you close your account.
- When making online purchases, make sure that it is a secure website.
- Under no circumstances should you ever give your credit card number to anyone over the phone.
By following these simple strategies you can easily prevent credit card fraud and theft.