Avoiding Credit Score Scams With Essential Tips To Keep Your Finances Safe
While you might not have a balance on your credit card, falling victim to fraud or identity theft can pose challenges for both you and your bank. The lender's policy shields you from bearing the cost of unauthorized charges if reported within the stipulated timeframe.
However, thwarting fraud can be daunting. You need to detect the theft, notify the bank, obtain a replacement card, incur a fee, and update all automated payments.
Criminals are relentless in their pursuit of stealing identities to open new credit accounts whenever personal data is electronically captured and transmitted. Safeguarding against credit score fraud demands heightened vigilance. Adopting several measures can enhance your security. Foremost among these is sharing personal and financial details only with trustworthy entities.
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17-Apr-2024 11:18 am
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