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Credit Card Fraud Stats You Can Use to Stay Safe

23 March 2017 | Article

Have you experienced someone calling you with a random number, telling you they are telemarketers or representatives from your credit card company? As they don’t bear the usual phone numbers, you might wonder if the call is legit.

At the beginning, they only ask simple information up until they have dragged you into the conversation. Later on, they will start asking confidential information like your credit card number and expiry date. This is how a lot of people become victims of credit card fraud.

They have allowed themselves to be fooled by these scammers pretending to be telemarketers. This is why as soon as you realize the call does not seem to be legit, end it and report the number. This is how you prevent yourself from being scammed and at the same time, have the chance to possibly trace the scammers.

Unfortunately, a lot of people have given in to this kind of scam. They easily thought the callers were from an actual company and have immediately given their financial information. As a result, their credit card was hacked and someone else was able to access it. On the other hand, the victims ended up paying for the debts they have not incurred.

Make sure this doesn’t happen to you by doing everything possible to stay protected. The infographic below details some of the tips to avoid credit card fraud. Make use of this information to your advantage. They will only fool you if you allow yourself to be fooled.

Credit Card Fraud Stats - Protect Yourself from Being Scammed


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