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Credit Cards - Some Tips to Keep Them Safe

Credit Cards - Some Tips to Keep Them Safe By Billy Phillips

The use of credit cards in our lives has been widespread for many years now. Sadly, the more numerous the available cards have become and the more frequent their use, the more ways have the common, tricksters and out and out fraudsters discovered to compromise the security of the card to their financial advantage. There are, however, several protective measures that you can take to try to ensure that you do not fall victim so one kind of credit card fraud or another.

Guard yourself against Credit Card Fraud

It is estimated that 51% of people in the UK are concerned about their credit cards being stolen. Credit card fraud is a consent worry, costing us millions every year and more and more people are using their credit cards as the main source of paying for services and goods.

Credit Cards

In the United Kingdom credit cards are regulated by the Consumer Credit Act 1974 (amended 2006). This provides a number of protections and requirements.

Any misuse of the card, unless deliberately criminal on the part of the cardholder, must be refunded by the merchant or card issuer.