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Credit card security
Almost all of us today use credit cards to pay our expenses but very few of us are aware what kind of troubles it could lead to. I recently faced an adverse situation, which I would like readers of this blog to be aware about. I lost one of my credit card and even before I could call up the bank and block the card, the thief had already used my card to pay over $2,000 of his bills. If you think about it, one can easily use another person’s credit card by duplicating the signature appearing on the back of the card.
Since I have recently gone through this terrible experience, I want to intimate all you readers out there who regularly use a credit card that keep a note of the card number, the phone number of the bank’s credit card division, the expiry date of the card, and the CVV number mentioned on the back of your card. As soon as you realize that your card is missing, the first thing you should do is to call and ask the executive to block all further payments on your card.
You would be surprised to know how easy it is to obtain personal data of your credit card without even having to manually steal your card. The hacker could easily record information as you punch in your credit card number over phone or the Internet. Besides, people have also been found to retrieve old credit card statements by looking through the garbage cans, communal dumpsters, or trash bins. To avoid any such adverse happening, I advise you to never lend your card to anyone or to leave it lying unattended. Additionally, don’t give your credit card number to anyone unless and until you are 100% sure of the person’s authenticity. Lastly, I also want to say that keep a minimum number of cards…as the more cards you have the higher risk you run of getting into trouble.
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