People from all over the globe are using their credit cards not just during important occasions but also whenever they don’t have enough cash to buy things that they need. Stealing credit card numbers is getting rampant these days. Some people are using this manner to make a living. Have heard about thieves who are actually stealing credit card in various places such as shopping malls, restaurants and others, stealing can also be done in hotels. Most of these individuals are sent to jail but they don’t last this type of case can be bailed. Credit card frauds can highly affect anyone and the sad thing is there is no one to be convicted permanently for this type of fraudulent act.
According to Senator Daniel Inouye, he once experienced fraud act when a woman from Georgia used his card to buy gifts at Wal-Mart that cost him $12,000 without his knowledge. He says there is no guarantee that your cards are safe even if it is inside your bag and purses. According to him, even those who are experts in securing credit cards in the business can also be victimized by credit card frauds. This is one of the reasons why Denise Richardson who is a known consumer advocate wrote a book entitled GIVE ME BACK MY CREDIT CARD. This is just to help people learn how to manage their spending and their cards too.
According to Richardson, thieves can use your cards even if you are not leaving the US. They can steal more than half of the credit limit and use it to travel the world and make purchases even if you know that it is just inside your wallet. You shouldn’t be relaxed and rely on your safety precautions because some of the information you have in your card may be taken by others through social network sites according to Richardson.
Credit card fraud happened all the time when you least expect it. Even if you lock up your card at home or inside a vault, nothing will ever change. It will still be used by thieves if you don’t secure some important information that you have. The biggest question of most credit card users is that what does the credit card company does in helping their consumers to safely keep their cards and those information that continuously roam around and threat them? Will they be able to get an adequate security that they need in 2012 since lots of people now are rampantly using their cards?