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Safeguard yourself from credit card frauds..  email this discussion to a friend?

myLot reputation of 96/100. life8118 (5319) 2 years ago

check this as very very good information as how and best way you can take care of your credit cards..

http://in.finance.yahoo.c...

 

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lkbooi (9346) response was accepted on 8/21/2010.
denotes best response, click it to go to the best response.
tags:  credit card, credit cards, fraud, safeguard
 
1. myLot reputation of 98/100. voldrox (3522)   2 years ago

Hi life, went through them, yeah it is quite important to be careful with our credit cards, i don't have one right now but yeah i can recall Dad had to destroy the old card after he got a new card.


myLot reputation of 96/100. life8118 (5319)  2 years ago

yes, even if we lose your credit card, then also procedure is very cumbersome, like first inform the credit card company, and also make the police complaint and many other legal formalities, my sis lost and more so good amount is withdrawn using stolen with the use of credit card..
so its better to take good care and if lost, proper procedure need to be followed..


myLot reputation of 98/100. voldrox (3522)  2 years ago

Yes life you are right, credit card should be handled carefully, i don't like to think about the procedures to follow after we loose our credit card, it is a very dangerous thing to loose it too, we have to run a here and there a lot after it goes missing. doh


myLot reputation of 96/100. life8118 (5319)  2 years ago

very true, actually when my sis lost credit card, i came to know all this and the procedure to be followed as my sis card is used and amount also withdrawn, but since we followed procedure and with all papers, nothing is charged from us, so i mentioned in descriptions..

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2. myLot reputation of 98/100. ifa225 (4733)   2 years ago

wow...thank God i don't have any credit card. I ever read in the newspaper about this fraud. But I think the most safeguard is to not have any credit card lol


myLot reputation of 96/100. life8118 (5319)  2 years ago

I agree if we keep better take care then okay, else don't apply for credit card.
even after looking at my sister case, as she lost and i remember the tension in that period, even i never applied or holding credit card. I mean card is really not required at this stage.

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3. myLot reputation of 99/100. lkbooi (9346)   2 years ago

Hi life, thanks for sharing the wonderful information about to take good care of our credit cards. Yeah, I had read the valuable info for using credit card safely. The awful culprits always lurking around to take every opportunity to earn their daily expenses or to get rich faster by all kinds of fraudulent tactics which will change with each passing day sad surrender

Yeah, to protect our hard earn money. And also for not to let the culprits to get their way easily, it's nice to lessen the use of credit card to purchase online. If we really need to use it online we must be highly alert and not to fall into the fraudulent trap.

Take care and happy posting happy


myLot reputation of 96/100. life8118 (5319)  2 years ago

Hi Ikbooi,

yes, you said very true, i see my brother shouting on credit card customer care, as many time he don't get the bills of credit card to pay in time and they charge huge interest.


myLot reputation of 99/100. lkbooi (9346)  2 years ago

Yeah, today I purchase an appliance from an outlet. At first I want to pay by credit card but pay by cash finally. For I feel reluctant to pay for the extra two point five percent of bank service charge. It's not worth to get with paying more.


myLot reputation of 96/100. life8118 (5319)  2 years ago

yes, no point paying extra percent when we buy plus normally credit card companies delay sending bills and charge good interest, and better to take lot of care in handling credit cards.

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4. myLot reputation of 100/100. dorannmwin (17646)   2 years ago

This is wonderful information to have shared, not just for those individuals that use their lines of credit on a regular basis, but also for individuals like myself that no longer use their credit cards. I have all of my credit cards put up in a safe place in my home so that there is no temptation to use them and there is also no way that someone is going to be able to steal them from me unless they were to break into my house and would somehow find the cards. Additionally, it is very important that you check your credit report on a regular basis to make sure that nothing has gone awry.


myLot reputation of 96/100. life8118 (5319)  2 years ago

Hi,

thanks friend,happy its good that you take best care and avoid the temptation to use them..thumbupthumbup

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5. myLot reputation of 99/100. joannaleed (6342)   2 years ago

Yeah, people need to safe guard those credit cards because other people might use it and transact some other things.

Anyway, most of my colleagues have this problem about credit cards and credit card company are trying to contact them just to ask for their payment and they kept on hiding to them.

Well, I don't want to own a credit card. I will truly stick to that decision.happy


myLot reputation of 96/100. life8118 (5319)  2 years ago

Hi,

yes even after looking at my brother and sister experiences, i never felt like having credit card as better to avoid if not required.

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6. myLot reputation of 95/100. marysia66 (1611)   1 year ago

I'm not allowed to have any, but thanks anyway for the info.

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