April 22, 2011
Having a credit card lost or stolen can result in significant financial hardship caused by fraudulent purchases, or just the inability to use the card in times of need. This is especially true for individuals who have high credit limits, as thieves can potentially charge thousands of dollars in online purchases before the cardholder discovers that their card is missing. read more…
January 7, 2011
Monitoring one’s credit report on a monthly basis and employing credit monitoring services is a great way to prevent the devastating effects of credit card fraud. If caught early enough, inaccurate information can be disputed and removed, keeping the consumer’s credit report as clean as possible. The process of filing a dispute is relatively simple, yet many people let inexperience and intimidation prevent them from taking action. The following information describes how to write an effective credit card dispute letter. read more…
September 22, 2010
A lot of people hear the term “frozen credit” and automatically assume it must be some sort of penalty. To the contrary, frozen credit is not a bad thing at all, and may be responsible for keeping your credit score and finances safe in the event of attempted identity theft and credit card fraud. Frozen credit is a precautionary measure intentionally activated by the card holder to prevent new creditors from accessing information on his or her credit report.
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