Credit Card Fraud

Unfortunately, fraud is becoming an ever more common threat to consumers - particularly when it comes to using you credit card. What's more, statistics show the price of credit card fraud is high - forcing cardholders and credit card issuers as much as $500 million a year.

Indeed, as technology advances, scammers acquire increasingly sophisticated ways of stealing our personal information. However, despite the fact that credit fraud continues to rise, many consumers are still unsure of how to protect their information. That's why it's important to learn as much as possible about credit card fraud, credit card fraud prevention and even the history of credit card fraud.

If you are hit by credit fraud, be sure you know how to handle it. Learn what's involved in reporting credit card fraud will help you take the best and most efficient steps possible towards regaining control of your information.

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Identity theft comes in many forms.

A person\92s identity can be 'borrowed' for the purpose of creating fictional credit cards or a person\92s entire identity can be usurped to the point where they can have difficulty proving that they really are who they claim to be.

Up to 18% of identity theft victims take as long as four years to realize that their identity has been stolen.

There are many ways to protect your personal identity and many steps you can take to prevent your identity from being stolen:

*Never give out unnecessary personal information
*Never provide bank details or social security numbers over the Internet
*Always remain aware of who is standing behind you when you type in your personal credit codes at ATM machines and at supermarket checkout swipe machines.