CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

How to Avoid Credit Card Fraud

Consumers were in shock this past holiday season when they heard sensitive financial information had been stolen from Target store shoppers. The problems got worse when other retailers admitted their systems had also been accessed by criminals.

This recent rash of controversy reminds us all how important it is to protect our personal information, especially when it comes to finances. What can we do to reduce your risk for credit and debit card fraud?

Pay with Cash

For many, paying with cash is a thing of the past. Unfortunately, this trend is what has increased our risk for fraud. Using cash for everything is nearly impossible in this day and age, but if possible, use it when you can. The less you swipe your card the fewer opportunities thieves have to steal your personal information. It might seem paranoid, but assume that every time you pay for something with a card (even if it’s online and the card is not swiped) you increase your risk for fraud and identity theft.

Monitor Your Credit Card Statements

Chances are you have been aware of this tip for years, but it is now more important now than ever before to review your credit card statements each month, if not more often. Most banks and credit card companies allow you to view your charges online. Doing this when you pay bills or even scheduling it into your weekly routine is not a bad idea, at least for the time being.

Monitor Your Bank Balance, Especially If You Pay with an ATM Card

Even if you do not take time to monitor credit card statements more than once a month, you must do so more frequently with your bank account. Using an ATM card exposes your checking and savings accounts to risk, which can be far more detrimental than your credit card.

Once a thief gains access to your checking account it can take several days or weeks to get everything straightened out and replace the money stolen from your account. In the meantime, automatic charges hit your account, causing overdraft fees and bounced checks. Each problem that arises is another issue you’ll spend a few hours fixing. By monitoring your account on a daily basis, you will know the moment a fraudulent charge posts.

Be Wary of Email

The Target hack involved thieves stealing data that included email addresses. This means they are now able to contact consumers via email with very specific information. The personalization of the emails might convince some to view the message as legitimate, furthering their phishing expedition.

If you receive any email at all related to your finances, call the company directly from a phone number you seek on your own. Do not click any links and do not provide any information until you know with 100% certainty you are dealing with a legitimate company.

Consider a Security Freeze

Finally, you have the option of purchasing credit monitoring or requesting a security freeze on your credit report. This means you must go through a bit of hassle when you apply for credit, but chances are it will be worth it to protect your identity.

Has credit card fraud affected your financial well-being? Do you have other financial concerns and you want reliable answers? Contact the Law Offices of Robert M. Gellar to learn more about protecting and restoring your credit.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

What Happens If My Spouse Dies During Bankruptcy?

Seniors declaring bankruptcy have many concerns. One of the most pressing is how their health or their spouse’s health might...
Read More

Can I File for Bankruptcy Without a Job?

Bankruptcy is often considered a tool used by people without money, without income, and without any financial hope. The truth...
Read More

Should I Use Retirement Savings to Avoid Bankruptcy? A Tampa Bankruptcy Lawyer Can Help You Protect Your Retirement Nest Egg

Withdrawing money from your retirement savings is rarely advised by financial experts, even if you are facing bankruptcy. Working with...
Read More

Can You File for Bankruptcy and Keep Your Home

Foreclosure is something that occurs after a homeowner has missed multiple mortgage payments. Working with a Florida bankruptcy attorney helps...
Read More

Is There Such a Thing as Mortgage Bankruptcy?

Your home is one of your primary concerns when filing for bankruptcy. Can you claim bankruptcy and keep your home?...
Read More

What Do You Need to Know about a Home Auction in Bankruptcy?

Home auctions are a common topic that arises when someone is faced with the prospect of bankruptcy. Bankruptcy protection for...
Read More

Can a Florida Bankruptcy Attorney Help Me Avoid Eviction

Losing one’s home is one of the most common concerns you can have when filing for bankruptcy. A Florida bankruptcy...
Read More

Covid-19 Tax Tips

The COVID-19 pandemic has affected a variety of things including taxes. These COVID tax tips can help you prepare and...
Read More

How Can a Bankruptcy Attorney in Tampa Florida Help Me If I Fall Behind on My Mortgage After Filing for Bankruptcy?

Many people find that filing for bankruptcy provides all of the financial relief they need to get back on track....
Read More

Are Bankruptcy Laws Designed to “Trip” You Up? Here’s How a Bankruptcy Law Firm Can Help You Avoid Trouble

It’s no surprise that people are skeptical of how bankruptcy can help their financial situation. Many have heard stories about...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

NACBA Logo avvo1 avvo2 avvo3 LEA BBB Logo

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions