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January 25, 2007

Tips to detect and avoid credit card fraud

It sometimes seems there's no safe way to go shopping anymore: carry cash and you risk getting mugged.

Use a credit card or a debit card and fraud artists can hack into retailers' records and steal your personal information. But there's hope on the horizon in the way of cryptography and security chip-encrusted credit cards.

In the meantime, here are few tips to keep your credit card safe:

Review your card statements carefully, and promptly report any unauthorized or suspicious use of your card. Even after the matter is resolved, continue to monitor your statements to ensure the problem does not reappear.

Always print a receipt when shopping online with your credit card

Read more at: Tips to detect and avoid credit card fraud

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