Saturday 8 March 2014

A Long Island Cpa's Take On Avoiding Credit Fraud

By Robin Setser


With so many cases of credit card fraud to speak of, it's surprising that so many people seem to succumb to it. While they may be careful about how much they spend and how often they use their cards, the truth of the matter is that there are still ways for others to make use of credit card numbers that aren't theirs. Are there ways for individuals to keep this level of fraud to a minimum? I believe this to be the case and I think that a Long Island CPA can prove useful here.

Your personal information is extremely vital, so it's worth being aware of the people you're giving it to. There are many aspects to take into account, ranging from phone numbers to home addresses. A Long Island CPA can tell you that such details can be used in order to benefit them while negatively impacting your standing as far as credit is concerned. When you do not initiate the conversation with another party, authorities like Gettry Marcus will stress the point of being as mindful as possible.

If you can, make sure that you pay all of your bills through electronic means. This goes for credit card charges, student loans, and others which will typically call for you to mail out checks and money. However, physical matter is tricky; it is very easy for these kinds of documents to get into the wrong hands. Instead, seeing as how many companies offer methods of payments through the Internet, it is not unwise to make use of these more modern systems as they are typically more secure.

If you ask me, the most important step to take into account when it comes to credit fraud is the presence of statements. You are going to want to look over every single one, as a Long Island CPA can tell you, assessing each purchase so that you will be able to recognize them. That being said, is it possible that you can come across one, in your name, that you have absolutely no recollection of? If this is the case, the sooner that you can tell your bank about this, the better off you will be.

The idea of maintaining a strong level of credit is one that everyone should have in mind, which is something that is hard to overlook. After all, a better credit rating can lead to a number of positives, such as the level of ease that comes with taking out a loan in the future. That being said, instances of fraud can play into this in the most negative of ways. If you take the proper precautions, then you may be comforted by the fact that your account will be that much more secure.




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