Protect Yourself From Credit Card Theft

Credit card and identity theft have been rampant these days. Fraudsters seem to be anywhere and is able to do something just to get someone else's money. It leaves a lot of people vulnerable to these perpetrators. The question is, how are we able to protect ourselves from them?

Credit card companies have set up fraud security to each of their clients' credit card. Although they are able to detect fraud, they won't be able to help prevent it from happening.

In 2-3 years, it has been said that credit card issuers will replace single magnetic stripe credit and debit card with a new contactless smartcard. That will eliminate swiping of cards. It's what they call quick check outs wherein you just have to hold the card up to a scanner and it will take all your credit card information. It's easier and faster but it's also easier for your identity to get stolen. Worst is, these scanners can be bought anywhere even online.

Identity Stronghold created this rfid wallet which is called Secure Sleeve to protect your credit card info stolen. Even if you don't take your card out of your wallet, you might wonder why all of a sudden there are fraud charges on your bill. It's because these scanners can penetrate credit card info even if it's kept in your wallet and purse. With the Secure Sleeve, it's like a firewall of your credit card that helps to not transmit your credit card info to a scanner.

If you're a credit card holder, you better get one of these Secure Sleeve to protect your credit card and identity.

Do I Need A Credit Card?

I'm not at all a shopaholic. I seldom shop, actually. That's because I really don't have lots of money to spend. :D

If ever I get extra blessings, I spend most of it on important things (i.e. food, bills to pay, savings). Sometimes I envy other people who gets to buy whatever they want without worrying that their pocket gets drained out the next day. How I wish I can be like them.

I'm not into credit, too. I don't even own a credit card. That's one thing that I remember my father taught me when I was young - to never have debt. I feel worry-free when I don't owe someone some money. Although I know a lot of people who uses credit cards like a Visa reward card and were able to pay up their bills on time. I know I can do that. My cousin, Michelle once told me that credit cards are important especially when emergency situation arises. Sometimes I get tempted to get a credit card but I'm afraid of the annual fees, maybe late fees that I might incur if ever I won't be able to pay it on time. I'm also scared of ending up dependent on it. Nah! I'm not just used to it, that's why.

I know there are a lot of credit card companies that will provide options and good offers for beginners like me. I still have to assess myself and see if I really need one.