Credit card fraud is a serious problem in the United States, causing an estimated one billion dollars a year in losses to consumers. Consumers pay for this fraud when they have to pay higher finance charges, annual fees and increased costs for law enforcement.
Guard bills and credit cards
Consumers should keep in mind the following to protect themselves against credit card fraud. First, protect your bills and credit cards from scam artists.
Unscrupulous persons raid mailboxes and steal not only new and renewal credit card offers, but also bills, in order to obtain credit card numbers of consumers. You should be aware of when your bills and replacement credit cards are due to arrive. If your bills are late, contact your credit card company. You should sign all credit cards when they arrive by signing the back with your usual signature.
Keep a separate record of your card and account numbers
It is a good idea to keep a record of all your credit card numbers in a secure place separate from your wallet. Your credit card records should include the expiration date of each card and the phone number and address of the company that issued the card....
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