Canadian Credit Rating Section
Canadian Credit Rating Article
Protect Your Credit Card
In addition to protecting your credit rating, it is also important to protect the physical credit card itself. Having the card in your possession is not enough, as people can write down the number on the card and use it to make fraudulent purchases. Identity theft has become a problem that costs consumers and companies billions of dollars each year.
Even if fraud, banks and credit card company have never directly affected you will pass down the costs of fraud to consumers. An example of this is the foreign currency transaction fees that you will have to pay when you use your credit card in foreign countries. When you look at it like this, credit card fraud has an effect on virtually everyone. There are a number of things you can do to make sure your card and the numbers on it are protected at all times.
Never provide your credit card number over the phone to someone you didn't initiate the call with. You should make sure you know whom you are talking to before you give them your credit card number. Even if the person says they are affiliated with a well known company, if you didn't call them, don't give them your credit card number until you're sure. If you mistakenly give them your information, immediately call your credit card company and cancel the card.
You also want to avoid using websites that you're not familiar with. Since the rise of the internet, fraud has become rampant, and many people have become the victims of identity theft. When you make a purchase at a website, make sure they have security statements. In addition to this, look for a small yellow lock that is closed. It will be located on the bottom right side of the screen. If possible, only carry one credit card at a time. People who carry around multiple cards are likely to lose them. Once you lose your card, the chances of you becoming a victim of fraud dramatically increase.
Always look at your monthly credit card statement to make sure there are no unauthorized charges. If you see something suspicious, immediately call the credit card company. Whenever you close an account, immediately cut up the cards before discarding them. When you get a charge receipt from the store, make sure you shred it prior to throwing it away. Doing these things will help you avoid becoming the victim of fraud.
Joe Kenny writes for CardGuide.co.uk, offering the latest information on credit cards, visit them today for more best buy credit cards.
Visit today: http://www.cardguide.co.uk
Canadian Credit Rating News
CORRECTED-(OFFICIAL)-Moody's cuts Precision Drilling - Reuters
CORRECTED-(OFFICIAL)-Moody's cuts Precision Drilling Reuters - Other methodologies and factors that may have been considered in the process of rating Precision can also be found in the Credit Policies and Methodologies ... |
Manulife in hot water over tax shelter - Financial Post
Manulife in hot water over tax shelter Financial Post, Canada - While Hoosier has never faltered in its commitments to Manulife under the deal, the financial guarantor -- Ambac -- has seen its credit rating downgraded ... Manulife facing probe by US officials |
Slowdown in lending not our fault, banks say - Globe and Mail
 Financial Post | Slowdown in lending not our fault, banks say Globe and Mail, Canada - Canada's big banks told the Finance Minister yesterday that they are lending more than they used to, but can't fix the country's tight credit conditions ... Flaherty huddles with bank chiefs |
Muni bond jitters mean bargain prices for buyers - The Associated Press
Muni bond jitters mean bargain prices for buyers The Associated Press - MANY UNRATED: Bonds rated by Standard & Poor's and other ratings agencies currently have strong credit quality; more than 98 percent of S&P's muni-bond ... |
Stick to the Plan - KCI Investing
Stick to the Plan KCI Investing, VA - CML acquired and integrated 14 clinics in Canada and 17 in the US during the first nine months of 2008. CML negotiated a new credit arrangement in February, ... |