Tuesday, December 16, 2014

How to Avoid Credit Card Hacking Over The Holidays

Credit card fraud can happen as the result of thieves finding a credit card billing statement in your trash, or  by someone taking a picture of your credit card when you are checking out, or someone could hack into an online account. You can read more about credit card fraud on the Federal Trade Commission (FTC) consumer information page here. To avoid fraud, the FTC recommends that you:
  • Don't give out your account information to a company unless you called them and know that they are reputable company.
  • Open your bills promptly and check for questionable charges.
  • Carry only one credit card for a shopping trip.
 Here is a link to an article about "elder fraud" and services that have started up to help prevent elder fraud. 
 In the short video below, Marietta, the editor-in-chief of the Consumer Action Handbook, discusses how you can avoid being a victim of credit card hacking this holiday season:

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