credit fraud

credit fraud

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  • what is credit fraud?
  • Credit card fraud is a wide-ranging term for theft and fraud committed using or involving a payment card, such as a credit card or debit card, as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account.
  • how do i protect myself from it?
  • how does it happen?
  • by keepsing your ssc at home and taking extra prcautions when giving out your information
  • when a theif steals information having your ssn, your name,your credit card
  • what am i responcable for if it happens to me?
  • Limits on Financial Losses. You have limited liability for fraudulent debts caused by identity theft. ... If you report the loss to the credit card company before your credit card is used by a thief, you aren't responsible for any unauthorized charges.
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