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Credit Card Fraud

Unfortunately, fraud is becoming an ever more common threat to consumers - particularly when it comes to using you credit card. What's more, statistics show the price of credit card fraud is high - forcing cardholders and credit card issuers as much as $500 million a year.

Indeed, as technology advances, scammers acquire increasingly sophisticated ways of stealing our personal information. However, despite the fact that credit fraud continues to rise, many consumers are still unsure of how to protect their information. That's why it's important to learn as much as possible about credit card fraud, credit card fraud prevention and even the history of credit card fraud.

If you are hit by credit fraud, be sure you know how to handle it. Learn what's involved in reporting credit card fraud will help you take the best and most efficient steps possible towards regaining control of your information.

 

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In 2003, more than 10 million Americans fell victim to identity theft.

Identity theft costs business and individuals $53 billion dollars annually

In 2003, Americans spent 300 million hours resolving issues related to identity theft.

70% of all identity theft cases are perpetrated by a co-worker or employee of an affiliated business.