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Be aware when your Credit Card Lost or Stolen by Sajid Ali
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Be aware when your Credit Card Lost or Stolen |
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Finance & Investment,Business News,E-Commerce
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If you loss you credit card then report loss or theft immediately. You have to fast limit your liability for changes that you didn’t authorized. When you lost of theft your card then you have to report as fast as possible. Your issuer has the toll free number. Once you report then according to law then card would be unusable. Follow up by email or letter with your account number and when you lose your card and when you report for the loss. When you loss the card then check the bank statement of your card to be sure that it cannot be used by the other. If transaction made then report this transaction immediately. You have to check for the insurance policy that it covers you liability of the card thefts. If not than many companies have facility to change the policy to include this protection. Now here are the some points to how to report. • Contact you ATM or Debit card issuer. o Report for the loss or theft card. o Report for the unauthorized transaction. • Make the report for confirm that you reported the problem. o Keep a copy of your all reports. o Mail it by known email and ask for the return receipt. The main point is how to limit your loss. The fair credit billing act (FCBA) and electric fund transfer act (EFTA) offer protection for loss of all credit to all credit card user. If you report loss before your credit card is used by other then you are not responsible for any charges. If your credit card number is stolen but not card then you are not authorized for the report loss. How to protect card and confidential information. • Do not open your account number on phone. • Never leave out your account information. • To report loss quickly you should know your account number, expiration date and the telephone number of the card issuer. • Don’t sign your bank charge or debit slip. • Save the receipt of your transaction so you can check in the monthly statement. • Remove the old card. • Do not carry your PIN in your wallet or don’t write on your ATM card. • Check your card statement periodically. • Regularly check your account statement and its activation. If you loss the credit card or debit card then federal law limits your liability for unauthorized charges. Your protection is depend on the type of the card and when you loss the card. So if you loss the card then report for the loss or theft immediately in 24 hours on number of your card issuer. PlasticVirtual Credit Card made easy, fast and safe transaction for the user. We can make transaction to allover world in few seconds. Using Facebook VCC get credit and advertise in Facebook. VCC is the best for the online transaction but you have to be aware for the lost. Do not gave your confidential to other and if your card lost then report lost or stolen immediately to your card issuer.
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VCC, Facebook VCC, Virtual credit card,
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