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How to Dispute Mistakes on your Credit Card Report

  How to Dispute Mistakes on your Credit Card Report  There are several no-brainer things that compel one to care about the credit score, while there are very few benefits of neglecting it. Of course, having a good credit score and credit history will come in handy every time you want to buy a house or get an auto loan. Being blacklisted can actually come back to haunt you when say you need to rent an apartment or you are seeking a job. However, the score is not the only component you should consider in this case. Another thing you have to consider is your credit report he document that lists your formal credit history including any accounts you have open, balances due, and payments you’ve made. Your report and your score are actually closely related to each other because it is your report that forms your score. This is a big problem if bad information gets on your credit report due to fraud or misreporting because this can easily bring your credit score down. Similarly, credi...
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How to Protect Your Personal Finances from Fraud



How to Protect Your Personal Finances from Fraud

 

Now days, financial fraud is one of the emerging threats in the world of computers, internet and various online facilities. From simple identity theft to complex fraud, a criminal will never miss the opportunity to exploit a victim continually. The world is gradually implementing monetary dealings through electronic platforms, meaning your financial assets are at high risk of fraud. It therefore seeks to highlight important measures you need to take to protect your monetary resources from unauthorized use.



The first way to combat financial fraud is to always ensure that you minimize the amount of information that you share on the internet. This is due to the fact that fraudsters are able to steal sensitive details from an individual’s Facebook profile, among other online profiles. Also, be cautious of what information you are revealing and always lock your accounts if possible.


Your passwords are the key to financial kingdom, that’s why you have to protect them. Thus, it is crucial to come up with rather tough and different passwords for your bank credit card accounts. This way, you can also ensure that your accounts are protected since changing the passwords often can be effective.


Monitor regularly the accounts which contain your funds. It is always advisable to review your account statements frequently so that if anything strange is noted, you can act on it early. In case you come across any of the unrecognizable transactions, make sure you contact your bank at once.

 

04. Use secure network connections

Do not use your financial data on public Wi-Fi since it is quite vulnerable to fraudsters and hackers. It is always advisable to be on a secure and private network when dealing with your financial matters.


Always avoid giving personal details whenever you are unsure of the person or the reason he or she requires the details. These are the social security numbers, account numbers, and credit card details.


Debit cards are generally less secure compared to credit cards in terms of fraud protection. If one gets duped it is possible to contest the charges made on the credit card and ultimately not lose real money.



Phishing scams are usually meant to deceive you into revealing some personal details like your bank account number or even your social security number. Do not trust any emails, calls, text messages that are asking for individual details.


There are service providers that claim to protect your identity by ensuring that your credit report and your records are safe from fraudsters.



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