Accepting Online Credit Cards
When you opened your new business, you thought that everything
would be fairly straight forward. After all, businesses every
day complete credit card processing, online credit card
approval, and internet business. But finding the right way...
Credit Card FAQs
What are credit cards?
Credit cards let you pay later for any purchase you make. In case of any sort of emergency or urgent situation, when you may not have cash to make payments, credit cards can be helpful. Credit cards are commonly used to...
Looking for that low interest credit card
If you have been shopping around for a Low Interest Credit Card you will notice that the UK market is awash with Credit Card companies offering low rates to entice you to apply for their Cards. There has never been a better time to consolidate your...
Requesting Payment Options to Repair Credit
When you are in debt the best solution for repairing your credit
is to ask for extensions, or arrange payment plans. If you have
student loans, you can call your loan officer and request
deference on your payments. If you are turned down on...
The Effects Of Multiple Credit Inquiries On Your Scores
Credit inquiries impact credit scores negatively because
statistical studies show that multiple inquiries are associated
with high risk of default.
Distressed borrowers often contact many lenders hoping to find
one who will approve them. On...
Are You Worried About Credit Card Fraud
Are you worried about your credit card or debt card being
stolen? You're not alone, it's estimated that 51% of people in
the UK are concerned about their credit and debt cards being
stolen. Credit card fraud is a consent worry, and with more
people using their cards as there main source of paying for
services and goods. It gives the criminals many more chances too
get information from our cards.
Credit card fraud is not new, the companies seem to be getting a
head on how to stop the criminals, and then they come up with a
new way it's a never-ending problem. Credit card skimming is
just one of the problems, that is where they take the
information from the magnetic strip and transfer it on to
another card. The companies are trying hard to fight back and
they have hit back with the chip & pin card, which seems to be
reducing fraud but give it time no doubt the criminals will find
a way around that.
There are ways to help yourself with credit and debt card fraud,
below are some useful tips in keeping the criminals at bay.
* Never let your credit or debt card out of your sight * Never
keep your Pin number with your card * Don't give your Pin number
out to anyone * When withdrawing money from an ATM machine make
sure no one can see your Pin number * Check bank statements very
carefully any problems contact bank immediately * Paying for
goods with your card double check the amount before entering
Pin
* Keep chequebook and cards separate at all times * Report your
lost or stolen cards immediately * Make sure you destroy
statements and old cards properly, leaving no account numbers
visible
The tips above will help you to fight credit or debt card fraud
but we have to be vigilant at all times. As I said earlier with
more people paying for goods and services with there cards, it
gives the criminals more opportunities to get our information so
it's up to us to do what we can. With online shopping becoming
very popular a lot of us worry about paying for goods over the
net, credit card companies are trying to put our minds at rest.
With most of them giving you extra fraud cover most give this
cover free, but some do charge you so just check with your
credit card company.
Credit and debt cards are here to stay so lets hope in the near
future that the credit card companies, can rid us of credit card
fraud but I am afraid it's big business costing us millions
every year.
About the author:
Peter Kenny is a writer for creditcards-gb.co.uk. For additional
articles and an extensive resource for everything about credit
cards, please visit us at http://www.creditcards-gb.
co.uk and http://www.creditcards2go4.
com For credit card advice please visit here