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Credit Card Fraud

Credit card fraud is on the rise everywhere. Though internet shoppers do know that it is safer to enter their credit card number on a secure online form rather than giving it to a waiter in a restaurant who could write down the credit card number and use it later to place orders.

Credit Card Without A Bank Account

It is possible to get a credit card without a bank account. That is a fact. This is more of a debit card than a credit card. However, if you are looking for a credit card without a bank account then a prepaid credit card could be the right choice for you.

Online Credit Card
Applications

          A new kind of theft has emerged in the credit card industry. It is a simple scam but costing unaware credit card holders thousands. In this scam the thief charges $1 to your credit card and hence the name. Let me explain how the fraud and theft takes place.

          Thieves buy hundreds, may be thousands, of stolen credit card numbers. They then proceed to charge $1 to each card. However, this is not the stage where the actual profit is reaped by the thieves. It is the next stage.

          Usually many credit card holders when they receive their credit card statement will just ignore the $1 charge or not even realize that this paltry amount has been charged to their cards. When this happens, thieves realize that the card holder has not notice the $1, they immediately purchase items and things worth thousands of dollars and charge it to that particular credit card. The thieves take advantage of credit card holders who do not read their monthly statements carefully. This simple task if not done, allows the thieves target those card holders.

          This is a warning for credit card holders who do not take the time and effort to check their monthly credit card statement. If you do find a charge and have not authorized it, immediately call your credit card company and let them know about it. Even if the charge is $1 make sure to call your credit card company and report it. This simple step can save you thousands of dollars.

          Be observant and do not let yourself become a victim of credit card fraud.  

Pre-paid Credit Card Fraud