Credit card fraud is a big problem in today's society, especially when the majority of people have multiple credit cards. A common form of identity theft is when somebody obtains your name and credit card number, then proceeds to purchase big ticket items at your expense. Whether they physically steal your card or get the number via electronic means they can still use it to run up debt in your name. Once you find out what is happening, it can take considerable time and effort getting the situation straightened out.

What Are Some Credit Card Fraud Prevention Methods?

The easiest thing to do is to pay close attention to people that handle your card when shopping. Make sure they quickly scan it and hand it back. Also make sure other shoppers in line aren't looking closely at your credit card when it is out of your wallet. When you are finished make sure you keep the receipt in your wallet until you get home. A cross shredder is great for destroying any old receipts or personal documents when their usefulness has passed. Never place unshredded documents with personal information in the garbage.

Another thing to avoid doing is to not give out any credit card information, or other personal information for that matter, to phone solicitors. If someone calls you for whatever reason and asks for this type of information you don't have to oblige. There are many scams involving people posing as creditors or other financial representatives for the purpose of stealing information.

Always go over your credit card statements each month before paying your bill. If something looks suspicious to you give them a call. Chances are you forgot about an item you ordered or your family member bought something without telling you, but that may not be the case. Their customer service department is there to help you with matters like this. It is up to you to be vigilant and keep track of how you use any of your credit cards.

Lastly, if you purchase items on the internet make sure the ecommerce website is 100% secure and states that in their policies. There are many ways to tell this, but you can usually tell by the web address starting with 'https://'. You will also notice a small lock icon near the bottom of your web browser that will provide information about the security of the website. If you don't see these items then avoid giving any personal information. You can always call them and place the order over the phone.

James McDonald writes for helpfuldebtsolutions.com where you can find fixed low interest credit cards and other information to help you manage your debt. We have many articles on a variety of financial topics.