Credit Card Scams: What to Do to Protect Yourself
More and more people are becoming victims of credit card scams nowadays, more than any other time. The latest Nilson Report has found that credit card fraud losses have reached an astounding $21.84 billion and continue to climb. Scammers have used a wide variety of tactics to prey on cardholders. Some tactics are as simple as people going through the trash to find discarded billing statements and then use your account to go shopping at your expense, while others are highly sophisticated such as a retail or bank website getting hacked, and your card number was stolen and shared. And many people, even the most cautious ones, can fall victim to their tactics. But most scams take place over the phone or on the internet. For example, unsolicited phone calls are often scammers try to make you believe they are calling from a real company. National Debt Relief, a leading debt relief provider, shared some important steps in a recent article titled, “Credit Card Scams: What to look for and how to protect yourself,” to educate the consumer on some of the most common scams, and what to do to protect yourself. Continue reading “Credit Card Scams: What to Do to Protect Yourself”