credit card fraud prevention tips
Although credit card fraud is not something that should be toyed with
once the problem has been revealed, there are several things that can
be done to prevent problems in the future. You will more than likely
want to ensure that one of the cards that have been compromised did
not come from a financial institution that you really are a part of.
If cards were taken out at bank locations that you have never been to,
then you will need to ensure that you are able to access those accounts.
Contact the banks to understand when the account was opened and whether or not they have record of you opening the account personally. If they do, that is automatic proof that it was not you but someone else that opened the account. Close any accounts and work out the details with the banks to ensure avoiding credit card fraud once they are no longer open.
Check other Credit Accounts in your Name
If you have other credit accounts in your name, it is a great time to review them and ensure that they are in good standing. Once this has been accomplished, you can then make a stride to stop credit card fraud before it can become an issue. To avoid credit card fraud it is recommended that you monitor these accounts closely and look into preventing credit card fraud in the future. Any and all charges to your accounts which were not made by yourself should show up in the activity to get the fastest response from your bank.
Check Expired Credit Cards
There are many reasons why most people will have old expired credit cards around. Of course poorly traced cards are a way for these dishonest people to make a killing off of people's s closed accounts. The credit card number and assigned data is still active for a while until the account is fully closed. Within this small time frame, criminals can rack up several thousands of dollars in charges to the account which would then be disastrous for the card owner. By checking on expired credit cards, you will be able to see whether or not the credit line has truly been removed or reduced.
Elect to Freeze your Credit Accounts
If you want to ensure that an account that you own does not end up in the wrong hands you have an option to freeze them. This will keep any and all open accounts that you no longer use unusable unless you contact the creditors to unfreeze your accounts.
Correct your Credit File
Your current credit file contains all of the information that is available to others who look at your credit information before making a decision to offer you an account with them. If you were a victim of credit card fraud, you need to take the time to contact the credit reporting agencies and get them to correct what your file truly reflects. If you are going to be stuck with these items in your file, they might as well say that exist because of fraudulent charges.
You can get extensive help at www.binbase.com and secure your finances. They offer an array of tools to help avoid, prevent and stop credit card fraud under your innocent name.