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Credit Card Fraud

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As a cardholder, you are given privileges when you use your credit card. While being a cardholder makes it very easy for you to make purchases without cash, the fact is that the more often you swipe your card, the higher your risk of becoming a victim of credit card fraud. This is a crime wherein an identity thief steals your information and uses it for financial gain. This kind of crime isn’t detected as soon as the thief starts to work. You have to wait as long as 24 hours for a warning alert via email. One way to minimize this risk is through credit card fraud protection, which is offered by several creditors. Taking advantage of this service could keep your credit report safe.

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A Few Similar Things Between You and a Credit Card Swindler (Infographic)

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For some individuals, particularly the young ones, credit cards are God’s gift to humanity. With just a swipe of a credit card, anybody can shop for almost everything they want—food, apparels, gadgets, and virtually anything you can think of.Ask any random..

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