4 Tips For Avoiding Credit Scams
Nothing can be more jolting than looking at your balance statement and seeing that there are charges that have been made that you had nothing to do with. All too often people aren’t aware that the scam is going on until it’s much too late and the damage has been done.
When it comes to avoiding scams there is no 100% fool-proof way. You never know what could happen between internet security or someone simply preying on victims via theft or stealing credit information with new technology. However, there are some ways to minimize the risk.
Take a look at the most effective ways to ensure that you don’t fall victim to credit card scams and find yourself in a large amount of debt.
Don’t Give Your Credit Card Number To Untrusted Sources
A common scam is receiving a phone call or an email asking for a client to update their account information. Someone seemingly trustworthy asks for your information innocently and you are immediately inclined to give it to them.
Remember, this would never happen with a reputable company. You would never be asked to give delicate and security sensitive information over the phone or on an email. If someone attempts this with you, make sure that you disconnect and notify your financial institution.
Additionally, don’t go on websites that have security warnings or have a questionable presence. Remember, when it comes to giving out your payment information, always err on the side of caution.
Shred Your Documents
Make sure that any of your documentation containing your account information isn’t just thrown haphazardly into the garbage can or recycle. It should be carefully disposed of using a shredder or blacked out with sharpie.
Some people are so desperate to get your information that they will actually partake in good old-fashioned dumpster diving. Don’t allow yourself to naively believe that it isn’t possible. It is completely possible and shouldn’t be taken lightly.
Don’t Fall Victim To Viruses Or Malware
If you see a suspicious looking pop up or something that asks you to click on a new page, always remain vigilant and careful. If you land on the wrong page you could find yourself quickly a victim of malicious software that will hack into your sensitive information.
Make sure that you are always careful about where you visit and equip your devices with proper internet and malware security software.
Cancel Your Credit Card If It’s Lost
If you drop your card or leave it at a store don’t take your chances on assuming someone has nicely put it in a drawer for you.
Once you realize your card is missing, call your financial institution immediately, put a block on the card, and order a new one.