Credit Card Fraud
It is so important for security personnel shred documents before recycling.
What to do if you think you are a victim of credit card fraud
If you suspect fraud has been committed, report the loss of your credit card the bank immediately. Most credit card companies have a help line 24 hours a day. It’s worth keeping the details of this number in your mobile phone.
All credit cards are regulated by the Consumer Credit Act 1974 which provides a number of protections and requirements. Both the credit market and companies are responsible for the sale. Most companies reimburse unauthorized purchases between £ 100 – £ 30,000, although some charge a maximum of 50 pounds overweight.
Some credit card companies ask users to continue to make repayments, including interest, while pursuing an investigation. This amount will be returned if they reach the conclusion that fraud has been committed.
Top tips to avoid credit card fraud
* Keep credit cards in a safe place at all times.
* Check your statements carefully and question anything that does not make sense.
* If paying by credit card, do not leave out of sight. Ensure traders to carry out an operation in front of you.
* Protect your PIN when using ATMs and not be distracted when using them. Never share your PIN with another person.
* Get rid of credit card receipts, ATM receipts and statements carefully. Use a cross paper shredder for added security.
* Only use secure Internet sites known for online purchases. Distributors have the option to subscribe to the services offered by Visa and Mastercard called Verified by Visa and MasterCard SecureCode, which require customers to provide additional information to complete a transaction.
* Protect your computer from potential viruses, trojans, worms and spyware. Unexpected and unusual Delete emails with attachments before reading them – the virus is usually contained in the attachment. Install good anti-virus and firewall software. Reduce spam by introducing a spam filter.
* Keep an eye for missing mail and remember to redirect the mail if you move house. If you suspect your post is being stolen, contact the Royal Mail immediately.
