Archive for the ‘Finance’ Category

Credit Card Identity Fraud

Syed Abedin asked: This type of fraud occurs when a fraudster has an easy access to your bank details either through your credit card statements or utility bills and craftily uses this information to make an application for a credit card in your name. Once the application has been approved, the fraudster is then able [...]

Most People are Aware of Credit Card Fraud: Learn What Other Identity Theft Crimes May Affect you

Rick Churchill asked: According to the Federal Trade Commission, the most common types of identity theft are credit card fraud, utility fraud, bank and loan fraud, employment-related fraud, and government document or benefit fraud. While many people are award of credit card fraud as it is the number one crime committed and is also the [...]

Recognizing Fraud Exposure in a Struggling Economy

Michelle Thiel asked: In today’s current struggling economy, we should anticipate that an increased focus will be placed onto companies and persons that make bad decisions. When a company is in major financial trouble, the public may ask, ‘How did this happen,’ or ‘Didn’t they see this coming?’ The negative impact can seem obvious after [...]

Id Theft Prevention – Things to Do Right Now, Habits to Follow

Jim G. George asked: The bear in your campground analogy:Perfect protection is unreachable but you can be better protected than most people with reasonable efforts. The “Bear in Your Campground” story applies here. When a bear comes into your campground, you can’t outrun the bear but you can outrun the other campers. The fact is [...]

Identity Theft and Credit Card Fraud: What you Need to Know to Protect yourself

Rick Churchill asked: Once you learn about what the different types of identity theft are and what a criminal does with your information, it is easier to protect yourself from becoming an identity theft victim. Because credit card theft is the number one identity theft crime in America, this article will discuss what it is [...]