credit card fraud

credit card fraud

Turning Off Your Credit Cards: How New Technology Will Help Stop Fraud

June 11th, 2014 by Alice Bryant

A great answer to preventing fraudulent use of credit cards is here. Many of us have been victimized in some form with credit fraud, especially if you shopped at Target or one of the other companies involved in the December 2013 credit card fraud. Even if you don’t lose money, it is very inconvenient  to obtain new credit cards. Plus, the identity theft will have access to your personal information. They can use this to open new accounts in your name and easily damage your credit score.

Ask Creditnet: Is Failure to Pay Off Credit Card Considered Fraud?

May 4th, 2012 by Elisabeth Chan

Dear Creditnet: I've heard that it's considered fraud if you get a credit card, use it, and then can't make any payments. If I unexpectedly lose my job and can't make my credit card payments, could I get sued?

Top Three Holiday Credit Mishaps

December 23rd, 2011 by Logan Abbott

The holiday season is in full swing, and regardless of which holiday(s) you celebrate, gift giving is exciting, expected, and expensive. While it's certainly ok to share your hard-earned cash with loved ones through gift giving this holiday season, keep in mind the three most common credit mishaps as you fit in your last-minute shopping. After all, 'tis the season to be jolly! 'Tis not the season to be tricked, scammed, or sold into destroying your holiday and your credit for years to come.

Why Using Your Credit Card in a Restaurant is More Dangerous Than Online

September 1st, 2011 by Logan Abbott

It seems like on every TV channel these days there’s always some “in-depth” report profiling a poor soul that has fallen victim to identity theft through an online scam. As a result, millions of Americans hold deep reservations against using their credit cards online, believing the same fate will fall upon them. At the same time, however, Americans pass around their credit cards to merchants in the real world without even batting an eyelash. But when you take a step back and compare how credit cards are used in the real world versus online, it’s actually easy to see that you have much less to worry about in cyberspace.

Capital One, Chase and Citibank Warn of Email Breach

April 4th, 2011 by Joshua Heckathorn

Did you receive emails from credit card companies over the weekend that read something like the following? "Recently, we were notified of a system breach at Epsilon, a third-party vendor that provides marketing services to a number of companies. The information obtained was limited to the customer name and email address of some credit card customers. No account information or other information was compromised and therefore there is no reason to re-issue a new card."

Prevent Credit Card Fraud Before It Happens

January 25th, 2011 by Logan Abbott

According to the Unisys Security Index, credit card fraud is the top financial security concern in the United States. Affecting over 11 million U.S. cardholders a year, credit card fraud is the most common form of identity theft, and criminals are finding easier ways to scam cardholders than ever before.

4 Ways to Avoid Credit Card Fraud

Don't let yourself become a gosh diddly darn victim. Stop scammers before they strike by avoiding these four common credit card fraud opportunities.