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Prevent abuse of your credit information
If you are like most other people, you depend on your credit card issuer to keep your personal information safe and secure. But a recent spate of incidents where such information has been compromised, throws up a lot of uncomfortable questions. The latest in the line of companies where identities have been compromised include Marriott Vacation Club International and Ford Motor Company.
This means that the onus of keeping your credit information safe at all times rests with you. While that may not be practically possible, you could always take steps to prevent the abuse of your credit card information. This means you must increase your awareness about the means to be used to prevent abuse. Abuse can be in many forms.
If your credit card number falls into the wrong hands, the consequences can be disastrous. Abclocal.go.com reports:
Once your credit card number or social Security Number are in the wrong hands, they can be used for other crimes. Sergeant John Lucki, head of the Chicago police financial crime calls identity theft a feeder crime that can lead to more serious and long lasting problems for the victims.
Read more: Security breaches remind consumers to keep an eye on credit reports
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