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Identity Theft And Fraud Tips
- Most data-breach victims take no action
What do you do if you've been the victim of a data breach, and your personal or account information has fallen into the hands of criminals? That's not as theoretical a question as you might hope. Some 41 percent of American consumers have experienced just card fraud -- let alone other losses -- in the [...]
- Handing your credit card to someone else? Be smart about it
It can happen in an instant. Employees at your local department store, repair shop or supermarket just have to turn their backs to you for a fraction of a second to swipe your credit card with skimmers connected to their belts. Once they do, they have your credit card information. They can then do with [...]
- How the Target data breach made me worst mom of the year
Target's recent data breach hit a little too close to home for my family. Why? I found myself stranded at a restaurant without a working credit card my kids had to eat the dreaded veggie plate at school because their lunch account was frozen for nonpayment I didn't get to read People magazine after my online magazine account [...]
- 5 ways to have a happy holiday free from credit card crime
The holiday season is filled with decking halls, spending time with family and eating delicious homemade treats. But each holiday season, many consumers become a victim of credit card fraud or theft. And spending your days on the phone with the credit card company and worrying about the crime is a sure way to take [...]
- My credit card was stolen, but it's still in my wallet!
I am positive that I had a puzzled expression on my face as I looked at my online credit card statement. I was relatively certain that I hadn't bought Farmville credits for Facebook or registered for an online genealogy website. And I was positive that I hadn't recently purchased a pre-designed website. But what had [...]
- Identity theft on the big screen: What can you learn from the movies?
With the upcoming release of the movie "Identity Thief," starring Jason Bateman, this all-too-common crime is once again brought into the mainstream media. "While the movie looks very entertaining from the previews, the film also puts identity theft on the front page again and keeps the crime in the front of people's minds. This crime really [...]
- 6 steps to protect your financial self
Dina Wohlhendler isn't a very common name. So when the Brooklyn resident saw her name on another shopper's credit card at a Manhattan Best Buy, she chased the woman while shouting for help. Chase had already alerted Wohlhendler about an unauthorized purchase at Urban Outfitters, which led her to check the nearby electronics store. Surveillance [...]
- Credit cards of the future: 4 exciting trends
Change doesn't come quickly to the credit card business. It took almost two decades for engineers to agree on the standard for the magnetic stripe. Another 25 years passed before European banks issued cards with embedded microchips, a technology that never took off in the United States. Even today's contactless credit [...]
- The thief behind the counter
You hand your Visa to the waiter to pay for your dinner and he disappears with your credit card. He returns a few minutes later with your bill. You sign the credit card receipt and leave. You don't think anything of it until the end of the month when you receive your Visa statement, and you [...]
- 7 worst times to use your credit card
Your phone rings. It's your favorite charity on the line, asking for a donation. You could give generously by simply rattling off your credit card number. You're in the market for a new car. You just received an offer for a cash back rewards card. Why not put the new car on the card and pocket [...]
- Will credit cards be safer in 2012?
Stealing credit card numbers is a crazy way to make a living, and we've certainly seen more than a few crazies showing up on police blotters lately. You might have heard about the thief who used a stolen credit card account to purchase the same meal at Burger King every day for almost a month. [...]
- Who's been scanning your credit card?
Sometimes an invention can solve a problem. At other times, it can leave you wondering: Was this a problem to begin with? Think of the difference between a TV remote control and a Flowbee. Everyone likes to change the channel without getting out of the Barcolounger, but how many people want to cut hair using [...]
- Credit cards with chips: Are the urban legends true?
New technology usually comes with its share of consumer concerns. It's no surprise that urban legends and myths have proliferated about the new EMV chip credit cards. Here are a few of the most common, along with our expert opinion as to their veracity: PINs don't matter. True. Researchers from the University of Cambridge discovered that a fraudster [...]
- Your next credit card may change the way you shop
If you've recently traveled to Europe, or if you live in a popular tourist area in the United States, you may have noticed a new kind of credit card terminal at checkout counters. These devices combine the familiar magnetic stripe reader with up to two new sensors: a slot for credit cards with exposed "EMV [...]
- 5 credit card habits you must kick
We've become so comfortable with our credit cards that it's easy to forget about being cautious. Even if your credit card boasts the best fraud protection in the business, you may still be leaving yourself vulnerable to identity thieves who can't wait to get their hands on your account details. CardRatings asked consumer advocates, financial [...]
- Virtual credit cards: smart move or waste of time?
According to the 2011 Identity Fraud Survey Report released by Javelin Strategy & Research in February, the number of identity fraud victims in the U.S. dropped 28 percent in 2010, the first decline since 2007. However, the nightly news is rife with reports of hackers gaining access to personal financial data, keeping consumers nervous that their [...]
- Credit Card Scam Consumer Information
- Credit Card Fraud and Credit Related Scams: How to Protect Yourself from Becoming a Victim
Do you often feel as though you must be on the lookout at every turn, because there are people out there just waiting to rip you off? I hate to be the bearer of bad news, but that might not be a bad idea. Recently, the Federal Trade Commission released the results of a Consumer Fraud Survey. [...]
- Protecting Your Credit Following Identity Theft: A Step-by-Step Plan of Action
New changes in the FCRA (Fair Credit Reporting Act) regarding identity theft are presented here. Further detailed information can be found at the Federal Trade Commission site, http://www.ftc.gov/, under Fair Credit Reporting Act . This is just a general step-by-step guide to start the process. File Police Report: It is very important to establish time of discovery [...]