It’s tough to keep track of all the rules and regulations surrounding credit and credit cards, especially if you’re the victim of fraud or theft. Know how to protect your credit card, learn your rights as a credit consumer also how to safe credit card.

Credit card, ATM and Internet fraud can often be prevented. Most thieves use stolen credit cards within 48 hours. Call your credit card company immediately to report a lost card.

Limit your credit card losses

Different credit card companies have different rules regarding your responsibility for unauthorized charges. Know what these are when you get your credit card. If a thief uses your card before you report it as lost or stolen, you may be responsible for his purchases. Follow up your call with a letter giving your account number, the date the card was missing and when you called in the report.

Keep your credit safe

Be careful about how and when you use your credit cards. Never lend them to anyone, don’t give your numbers to anybody and never leave your cards or receipts lying around, no matter where you live. Heeding a few simple rules can save you from being a victim of credit card fraud or theft.

*Always know where your cards are and keep them in a safe place.
*Don’t give your account number over the phone unless you know the company and you made the call.
*Get a card that has added security features, like embedded with an EMV compliant smart chip.
*Draw a line through the blank space above the total on charge slips to prevent changes and tear up carbons from slips.
*Don’t sign blank charge slips.
*Always check receipts against your monthly statements. Errors must be reported immediately upon receipt of the statement.
*Record card numbers, expiration dates and phone numbers. Keep this record in a safe place separate from your cards. Use it if you need to report lost or stolen cards.
*Never put your account number or personal identification number (PIN) on the outside of an envelope or postcard. Never put your PIN on the card or in your wallet.
*Carry only the cards you need, especially when traveling.

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