Discovering that your credit card has been stolen instantly sets off a feeling of panic. Thieves can steal credit cards and immediately charge thousands of dollars on them before you realize it is gone. In the case that your credit card is stolen, there are a few simple steps that should be taken immediately to stop the thieves from running up your bill.
You should keep a copy of your credit card at home, in a safe place. This can either be a photocopy of the card or a piece of correspondence from the credit card company that contains the number. When a credit card is stolen, the first thing to do is contact your provider and report it to them. You will need to tell them your account number and as much information as you can about the theft, including the date, the last place you used it, and any additional charges made to it. This will allow the company to deactivate the card to keep it from being used. They can also track any recent purchases and get an idea of where the card is being used. If the theft is reported immediately, most companies will remove the fraudulent charges from your statement so you will not be held responsible for them.
With credit card theft on the rise, it is important to protect yourself from becoming a victim. In addition to keeping copies of your cards at home, there are other steps to help protect your money. You should avoid carrying all of your cards at once, so that in the event your entire wallet is stolen you will not be risking multiple accounts. Avoid keeping other personal information in your wallet, such as social security cards or PIN numbers. Lastly, shred any piece of paper with your credit card information on it; credit card numbers can be stolen easily from these and you will not know of the theft until much later when the bill arrives.
If you are worried about credit card theft based on your lifestyle, perhaps you travel a lot; there are other ways to protect yourself. One option is to purchase a prepaid credit card (https://www.netspend.com/), which will only allow as much to be spent as what is already loaded onto the card, preventing thieves from major spending. Prepaid credit cards (https://www.netspend.com/) work much the same as a traditional credit card and are an easy way to protect your money.
No one expects to be a victim of credit card theft, but with proper preparation you can avoid any potential problems in the event that your card is lost or stolen. Also, there are alternate options like prepaid credit cards to keep your funds safe. Knowing what to do will relieve the sense of panic in the situation and help you keep your money out of harms way.
You should keep a copy of your credit card at home, in a safe place. This can either be a photocopy of the card or a piece of correspondence from the credit card company that contains the number. When a credit card is stolen, the first thing to do is contact your provider and report it to them. You will need to tell them your account number and as much information as you can about the theft, including the date, the last place you used it, and any additional charges made to it. This will allow the company to deactivate the card to keep it from being used. They can also track any recent purchases and get an idea of where the card is being used. If the theft is reported immediately, most companies will remove the fraudulent charges from your statement so you will not be held responsible for them.
With credit card theft on the rise, it is important to protect yourself from becoming a victim. In addition to keeping copies of your cards at home, there are other steps to help protect your money. You should avoid carrying all of your cards at once, so that in the event your entire wallet is stolen you will not be risking multiple accounts. Avoid keeping other personal information in your wallet, such as social security cards or PIN numbers. Lastly, shred any piece of paper with your credit card information on it; credit card numbers can be stolen easily from these and you will not know of the theft until much later when the bill arrives.
If you are worried about credit card theft based on your lifestyle, perhaps you travel a lot; there are other ways to protect yourself. One option is to purchase a prepaid credit card (https://www.netspend.com/), which will only allow as much to be spent as what is already loaded onto the card, preventing thieves from major spending. Prepaid credit cards (https://www.netspend.com/) work much the same as a traditional credit card and are an easy way to protect your money.
No one expects to be a victim of credit card theft, but with proper preparation you can avoid any potential problems in the event that your card is lost or stolen. Also, there are alternate options like prepaid credit cards to keep your funds safe. Knowing what to do will relieve the sense of panic in the situation and help you keep your money out of harms way.
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