One of the scariest things about identity theft is that often you won’t know if you’ve been compromised; however, with ScoreSense, fraud detection means you can catch thieves before they do any damage. That’s comforting to know, because there are so many ways for fraud to happen, especially credit card fraud. If you have a membership with ScoreSense, scam artists have no chance to ruin your credit, because ScoreSense fraud detection lets you know what they’re up to, before they can do too much harm.
How does ScoreSense fraud detection work? ScoreSense first analyzes your risk. Then, by constantly monitoring your accounts, ScoreSense fraud detection identifies misuse of your personal information, and alerts you to this suspicious activity before it can go further.
Of course, in addition to trusting ScoreSense to watch over your accounts for any rip-off, report suspicious activity, and help you find ways to fix problems, there are some steps you should take on your own, to prevent credit card fraud.
- Treat credit cards like cash. You wouldn’t hand cash to a stranger, leave it lying on a table in the library, or forget to pick it up from the counter at the department store, would you? Yet some people are just that careless with their credit cards. For instance, using a public computer to do online banking or shopping can create vulnerability, allowing thieves to use your information for their own purposes. Remember, it doesn’t take much time for someone to snap a picture of your card number with a camera, or make an extra imprint at a register, so keep an eye on your card at all times.
- Shred any document with account information before throwing it away. Even if a credit card has expired or been cancelled, a skillful scammers can still use the numbers to their advantage, so cut up or shred credit cards before tossing them, disposing of the pieces in different trash receptacles.
- Don’t give out your credit card number without reason. Never sign a blank credit card receipt, and if someone calls asking for your account number, decline to give it to them. Often, scam artists will pretend to be from the bank or a credit card company. Don’t fall for it! Anyone calling from your financial institution already has your account number. This principle holds true online as well; no one affiliated with your account is going to ask you for sensitive information via email or social media.
- Keep your eyes wide open. Review your credit card and bank statements each month, and vigilantly look for charges that shouldn’t be there. If you sense a rip-off, report it immediately! Also, keep track of your cards, and file a report immediately if one goes missing; even if you think you simply misplaced it, don’t take the chance of it falling into the wrong hands.
By following these steps, you’re likely to keep your finances safe. However, when you’re a member of ScoreSense, fraud is even less likely to happen to you. That’s because ScoreSense works as your financial guardian, empowering you to take control of your finances, protecting you from identity theft and misuse of your credit. If you’d like more information on credit management with ScoreSense, visit us at http://www.scoresense.com.