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Preventing credit card fraud
- 1. Preventing Credit cardfraud In order to protect yourself from potential credit card fraud, there are some things you can do to protect yourself. Credit card fraud is especially lucrative for criminals. They enjoy nothing better than you making it easier for them to steal from you. They are constantly thinking up new ways to steal from you and get your card details. You must be vigilant all the time. Guidance Here are some simple tips that may help you protect your money and your sanity. Only ever give your credit card details on the phone once you have established they are trustworthy and the company are who they say they are. Make sure you are familiar with the company before giving them any personal or financial details. Try registering your credit and debit cards with Verified by Visa or MasterCard SecureCode. Use these every time you want to purchase something on the internet. When you go to a particular shopping site of your choice, make sure you enter the address into your browser rather than using the search engine. Make sure your computer has all the latest anti-virus software and firewall, this way it will be that much harder for criminals to access your details. Always shop with sites that have a security icon showing in your browser window, this will prove that they are a trustworthy site. Always make sure that you log out of the shopping site once you have completed your purchase. ATMS When using an ATM machine make sure you cover your hands when entering your PIN. If you feel someone is standing too close behind you then ask them to take a step back. If they are honest they won’t mind. No one needs to stand that close to another person when they are using the ATM. It could be a criminal trying to ascertain what your PIN number is so he can empty your card. You won’t know until you check later. Always make sure you check your credit card details often, someone could be spending your money without you knowing and the longer you leave it, the harder it is to catch them and you lose more money.
- 2. The interest freecredit card Another interest free credit card has entered the market. This time it is from Halifax. This card promises customers interest free purchases for the first 17 months. You will be pleased to know that most potential customers should qualify for this type of card. However, you can only get this 17 month interest free period if you have an extraordinarily impressive credit history on your credit file. Sullied credit histories Do not fear however if your credit history is less than perfect, for you too may qualify for this new card. The only snag is you may have to settle for a shorter interest free period. Also, when this shorter interest free period ends you may have to pay higher interest fees as opposed to those with more impressive credit files. Balance transfers The good news is that all customers who get the card will be entitled to the balance transfer deal on this card regardless of their credit history. This is an interest free transfer on debts for 6 months. Customers are given 3 months to use this impressive facility. Is the card worth it? The card is excellent if you are planning on buying something far more expensive than usual. Perhaps if you are considering a holiday or a new car, but you must be careful, if your credit score is less than perfect, it’s unlikely you’ll qualify for the 17 month interest free period on purchases, this means that any new and expensive purchases are going to cost you more. Make sure you check this out first. As an alternative, you could change cards, so as soon as your interest free period ends, you opt for another card with 0% balance transfers and this way you might put yourself in a win-win situation. http://creditreport24.co.uk