| |
|
Article Directory :: Finance & Investment Articles
If you're faced with handling the issue of a stolen credit card then you have to assume somebody is going to try and use the account. Call up the creditor immediately. You'll probably be advised to close that account number and replace it with a new one.
But doing only this may not be enough. Why? Because the thief may try and use your account number with other personal information of yours to tap, or alter, other accounts you have with them.
You can place a fraud alert on all accounts with that credit institution. If you have usernames and passwords for these accounts then update them. (Avoid using common usernames and passwords that include things such as your social security number, mother's maiden name, child's name or other family member's name.
In general, setting up a password for your bank and financial accounts is always a very good idea. It's often possible to formally request that a password be required in for any action to take place with your accounts -- such as a withdrawals, name/address changes, billing information disclosures, etc.
Ask the institution to contact you whenever an attempt is made to apply for credit in your name. This credit alert might say something like, "Please contact me immediately at this phone number before issuing any new credit. All credit applications must be validated and personally authorized by me."
You want to monitor the activity in all your financial accounts, especially withdrawals. Report any unauthorized transactions or suspicious activity to the security department of your financial institution immediately if any issues arise.
Go ahead and file a police report too. You may not want to do this. After all, it's just one credit card, right?
Wrong.
If you do find yourself having to purge your credit profile of fraudulent accounts then you're going to have to "prove" these accounts weren't really yours to begin with. This is where a police report comes in handy.
Be aware that when it comes to ID fraud, credit issuers and credit reporting agencies alike expect to see any accounts or mis-information you contest on a police report.
Vigilance must be maintained. And unfortunately, one can never rest assured they're 100% in the clear when it comes to preventing identity theft. There are many holes and gaps in the system that allow people to be victimized. But doing your part may prevent a stolen credit card situation from becoming a full-blown identity theft nightmare.
Joe Farinaccio is the author of "ID Theft 911: Step-By-Step Instructions for Stopping Identity Fraud, Cleaning Up Your Credit Profile, and Getting Other Records Fixed" ... available at http://www.IdTheftHelp911.com
 EasyPublish™ this article - publishers click here
More articles by Joe Farinaccio
|
Free Report!
Ten Essential Secrets Of Article Marketing ... Grab Your Free
Copy Now:
Need Content?
Regular Top Quality Content for your Blog, Ezine or Website ...
Delivered Direct,
For Free!
Click For Details
Arts & Entertainment
Automotive
Business - General
Computers & Technology
Finance & Investment
Food & Drink
Health & Fitness
Home & Family
Internet Marketing/Online Business
Legal
Pets & Animals
Politics & Government
Reference & Education
Religion & Faith
Self-Improvement/Motivation
Social
Sports & Recreation
Travel & Leisure
Writing & Speaking
|
More finance articles: - Student Loans: Collections Differ From Other Unsecured Loans (Holly Petherbridge)
When taking out a student loan, you are signing on to an unsecured debt which will stay with you until it is paid off. Student loans follow a different set of rules when it comes to collecting on defaulted loans. Understand your reponsibilities before you take out the loan. - The Many Factors That Go Into Your Car Insurance (Winston Takeda)
If you are puzzled about what goes into an insurance policy, then you aren't alone. In this article, you'll learn why. - Simple Tips To Get The Most Out Of Your Auto Insurance (Winston Takeda)
Believe it or not, there are plenty of ways to save money on your car insurance. In this article, you'll learn some methods that will really help. - Buying A Loft Condo (Steven Johanssen)
All condos and lofts are not created equally. You need to know all of the facets of each unit and condo complex in order to make the right buying decision. Find out why and if a condo or loft is right for you. - What's Your $1 Million Business Worth? (Chia-Li Chien)
What are the three most important things in real estate investment? Location, location and location. But what makes a privately held business valuable? According to Rob Slee, founder of Midas Nation, it's timing, timing, timing. During my 2nd quarter 2010 SRI Business Retreat, Slee said you have to play the Transfer Timing Slot Game if you want to maximize your business's value for sale. Let's explore what Slee meant by that. - Know What Your Numbers Mean (Chia-Li Chien)
Have you ever faced a situation in your business and found yourself saying, "I know I need to do something, but I don't know what. Just tell me what to do and I will do it." Emotionally you feel panic, fear or even shame, especially when it comes to business finances. Potentially, that could trickle down to your personal finances, as well.
We Automatically Distribute Articles
To Thousands Of Publishers And Web Sites:
Submit Article
All content is viewed and used by you at your own risk and we do not warrant the accuracy or reliability of any of the information. The views expressed are those of the individual contributing authors and not necessarily those of this web site, or its owner, Takanomi Limited.
|
|
