CampusRd - college credit report, credit score, credit cards and student loans 312.854.7605 / Join Our Network /
 
 

Credit Cards Blog

Get the latest news and opinion pieces through our financial industry blog.
Our writers develop articles on financial matters that affect the everyday lives of all our users.
Credit cards and student credit cards
Home > Credit Cards > Blog > Credit Card Fraud Credit cards and student credit cards

Credit Card Fraud

Thursday Apr 01, 2010

Being a student and enjoying that new student credit card can be fun. So much fun that you, from time to time, become careless with your credit card itself. What happens if your card is lost, stolen, misplaced? If it is any of the former, how can you tell? It is easy to tell if you’re the victim of any type of credit card fraud:

• Did you review your statement (if not you should) and did you find charges you didn’t do?
• Are you getting calls or emails about purchases you didn’t make?
• Did your credit card’s customer service call you to verify a charge?

There is a bit of a safety net in the last two listed above. The first way to tell takes more effort on your part. Now, let’s say that you are the victim of some sort of fraud. Thanks to federal law, whatever charges are incurred on your account, you’re legally only responsible for up to $50. More often than not, once you file the paperwork for credit card fraud, your card company will waive the fee.
*I can speak from personal experience that they do this. I lost my card at a restaurant and when I checked my statement, $100 had been spent at various other restaurants. Apparently the thief was really hungry.*

It is important to be weary of your credit card in case it is lost or stolen. Now, let’s say that it is stolen. Another safety net is to make sure that your passwords are secret and not written down anywhere. This includes your secret questions to retrieve information that some companies require you to use when you sign in. Assuring you’re safe in the event of any of the above protects you and most importantly, your credit rating.


< Previous Next >



Comments


Be the first to add a comment by filling out the form below



Add your comments...


 
Name
 Required

Email
 Required, will not be published

Comments
  Comments are moderated and generally will be posted if they are on-topic and not abusive

Verification `s Enter #`s here


 

Featured Credit Cards


Discover® More® Card

Discover® More® Card


Discover® More® Card - American Flag

Discover® More® Card - American Flag




Credit Cards Blog


Best things to buy with student credit cards
Monday Feb 18, 2013

Finding the right student credit card
Thursday Feb 07, 2013

View all >



Credit Cards Tweets


 

CampusRd, Credit Rating, Credit Cards, Loans, Credit Score
Call Today (312) 854-7605 
© 2020 CampusRd.com, a business unit of Uloop, Inc  
 
 
Login    
Email Address    
     
Password  (forgot password?)      
     
     
Tell a friend about this offer    
A link to this page will be sent to the
"Destination Email Address" below, in accordance
with our privacy policy and terms of use policies
Your Email Address    
       
Destination Email Address    
       
Verification #'s Enter #'s here
 
       
Forgot your password?    
Email Address