It’s so easy to use a credit card. Grab an item, bring it to the cashier, they’ll swipe your credit card and you instantly have that item without even thinking if you could actually afford it or not. But what about Credit card Fraud? Some cashiers don’t even bother to check if you’re really the owner of the credit card or not. For either the cashier and the credit card theft wouldn’t care if you are capable of paying the bill or not. However, this can be a serious concern for the card owners themselves since the worst thing that can ever happen to you is paying somebody else’s bill. So how can you prevent such situation from happening? Easy, just keep your credit card safe with you. Preferably in your wallet or your purse which you take with you everywhere you go. Never leave it lying around. And never give your credit card number to anyone as well, not even to your own kid. After all, they may know internet shopping more than you do.
Imagine finding yourself about to pay for your grocery only to find out that your credit card has reached its credit limit? You only found out later that you were a victim of an identity theft. Lesson of the story? Prevent identity theft. Scary isn’t it? Like straight from a thriller movie, only this time you’re not watching how the story will unfold. The cases of identity theft are true, in the US alone the total value of identity theft stolen amount has reached to as mush as $15.6 billion in 2006. As per idtheftcenter.org via Wikipedia.com, one way of preventing Identity Theft is to know what it is. Criminal Identity theft is one category where one poses as someone else when being arrested. While Financial identity theft is to steal the credit card or other sources of a person’s credit account. So, better to know categories of identity theft now than know them the hard way.
I lost my wallet last week. I do not know exactly where and how I lost it but when I got home, it was no longer in my bag. I was distraught about it. Worse, I learned today that I am a victim of credit card fraud. I opened my credit card bills today and I saw that there were already purchases made using my credit card. I called the office that I will be absent from work so I can have time to sort the matter. I keep on blaming myself for not taking action right away. The incident happened on a Wednesday and I only reported it on a Friday. I did not report it right away because I thought that maybe I just left my wallet in the office. I only had some loose bills and change in it and one credit card so I was not worried so much. But then I guess I should have known better and I should have not taken it forgranted.