What to do when your credit card has been used without your knowledge

The internet is a fantastic thing, but sometimes it is possible for it to jeopardise your finances. This is especially true if you use your credit card for online shopping. There are so many fraudsters out there who are looking to steal your details and they do find extremely clever ways of getting to them. This means that it is possible for your card details to potentially be used against your knowledge and that can mean that you end up in a lot of trouble financially.

So what can you do if this happens to you? Well ideally you will take all possible precautions so that it does not happen, however if it does then the best thing to do is not panic and contact your credit card provider. By contacting your credit card provider you will be able to put a stop to your card before the details can be used again. They will also be able to advise you of what to do next. More than likely you will get a new credit card through the post with different details. You will also be told to contact the police.

However the police do not always take notice of credit card fraud. They simply do not have the resources to deal with a lot of fraud that occurs online and so it is likely that you will not get your money back. However, more power has been given to banks now so that they can work on your behalf to recover any money that you may have lost.

Sometimes your credit card details may even be used without your knowledge on websites that you visit. Whilst this isn’t particularly common, it can happen and if it does then you need to understand that it is illegal. So if you are presented with a bill for something you have not purchased, contact both your credit card provider and the company claiming that you owe them money.

Overall credit card fraud is fairly common and so it is vital that you prevent your details from being stolen in the first place. Obviously you cannot always prevent fraudsters from getting hold of your details, but you should still try your best to prevent it from occurring anyway.


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