Is your credit card statement showing a charge at a store you haven’t been to in months? The suspicious charge could be an indication that you have been a victim of credit card fraud.
Credit card fraud refers to the unauthorized use of a debit or credit card or any other payment tool (recurring charge, EFT, ACH, etc.) to fraudulently acquire money. Credit card information can be pinched from unsecured websites or stolen through identity theft fraud. Reporting credit card fraud online is integral in ensuring financial safety.
1. A thief rummages through your trash, discovers a discarded credit card statement
that includes sensitive information, and uses it for fraudulent purposes.
2. A dishonest waiter steals your credit card information.
3. An identity thief coaxes you to an unsecured website where you are asked to provide your credit card number. The scammer uses your credit card details for fraudulent purchases.
1. Swiftly and meticulously review each credit card statement before making a payment.
2. Shred credit card statements before trashing them.
3. Don’t enter your credit card details online unless the site is reputable and secure.
4. Report lost credit cards or suspected fraud immediately
5. Don’t respond to phone calls that ask you for your credit card information.