A credit card is the lifeblood of the American economy, but the thief knows that if you use a credit account it can be easy for someone to use your information to commit fraud.
Here’s how you can keep your credit score low and your identity safe.1.
Check your credit card statement.
The last time you opened a new credit card, your credit bureau will send a letter telling you to complete a credit report to get a copy of your credit history.
This will help you spot potential fraud.
But it’s also important to keep your copy safe, and make sure to report any unauthorized charges or fraudulent charges to the card issuer, which will alert you.
The best way to find out your credit report status is to contact your credit reporting agency, who will then send you a copy to verify your information.
The bureau will also provide you with a list of the types of charges, including unauthorized charges and fraudulent charges, that it’s investigating.
Keep your fingerprints out of the files.
It’s always a good idea to protect your personal information, even when it’s encrypted and protected by a strong password.
The best way for this is to keep fingerprints out.
In addition to checking your credit reports, make sure the fingerprint data isn’t included in any of the information about you collected on the cards you use.
The FBI has a good tip on how to protect against identity theft.3.
Don’t rely on your credit scores to know what to buy.
It doesn’t take a genius to figure out that many consumers will be tempted to buy products on the Internet and avoid paying with a credit or debit card, but that won’t always be the case.
Check out these tips to keep yourself and your credit rating safe:4.
Avoid credit card offers on websites like Craigslist and Ebay.
There are so many offers out there, and many of them are scams.
Check with your credit bureaus to make sure they aren’t scams.5.
Use a payment card to pay your bills and make purchases.
The more convenient the better.
You can also use a debit card or gift card to make purchases at places like gas stations, grocery stores, and convenience stores.6.
Be aware of how much interest you’re charged for your credit cards.
If you pay a credit check, be sure to keep the card number on file and make certain that it doesn’t appear on your statement.
You also want to verify that your credit limit is correct.
You’ll want to know if the card you’re paying for has a limit that you can pay off.7.
Avoid spending money on unauthorized purchases.
Always use the best credit card and avoid buying anything that looks suspicious.
If there’s a fee associated with a purchase, like a fee for the credit card itself or a fee to get your name on a credit file, be aware of that and be careful about it.8.
Check online for free credit monitoring.
Credit reporting companies have been cracking down on these fraudulent practices for years.
But this year the FTC issued new guidelines that make it easier for consumers to be alerted to credit reporting problems.
You may want to check these sites and call credit reporting agencies.9.
Avoid giving out personal information about yourself to online fraudsters.
If someone tries to make a payment to your credit, ask them to leave the money in your account.
Make sure they understand that they’re giving away your credit information.
This can help stop any fraudulent transactions.10.
Use your card responsibly.
Always keep your card details secure and make it a priority to pay off your credit accounts, especially if you have any outstanding debt.