Credit cards are a great way to purchase things, since they let you make a purchase without actually having the cash in hand. However, they are very vulnerable and can be subject to be stolen.
Crooks can get ahold of credit card information in a number of different ways. Once they have someone’s credit card info, they can open accounts and make purchases that the victim will have to pay for. This is why there are people out there who steal credit card information. They get to buy whatever they want with stolen information and they do not have to pay for any of it.
This is why it is important to protect your credit card information. Here are a few tips for keeping your credit card info safe from the hands of criminals.
Above all else, notify your card issuer the moment you lose your card, or you think the info has been stolen. Most companies have a 24 hour, toll-free number that their clients can call to report lost or stolen credit cards. Once you report the card, you are no longer held accountable for any purchases on the card, the card itself will be deactivated, and you will be sent a new one.
Even if you just lost the card, reporting it is your best option. Better get a new card when you didn’t necessarily need it, then find out it was stolen.