Fraud - Would You Credit It? by Richard Brown
Findings from a recent study by APACS show that the amount of overseas fraud exploiting UK debit and credit cards has hit a five-year low. However with ID fraud as one of the UK's fastest-growing crimes, this should not be a cause for credit card protection complacency. ... ID thieves can run up credit card bills, as well as ordering additional new cards, accessing the victim’s bank accounts, carrying out various other forms of fraud in the victim’s name, such as with government benefits, and taking out fraudulent loans.

How To Compare Credit Cards by Joseph Kenny
When you shop for a credit card, you want one that has the best features and options available. If you get the wrong credit card, you could end up with a high interest rate or unnecessary fees. The number of available offers is staggering and what works for one person may not work for another. ... If you always pay off the entire balance of your credit card each month, having a card with no annual fees may be more important than one with a low interest rate. ... Credit plays an important role in conducting transactions in our society today, and how you use your credit card will determine...

Closing Credit Card Accounts by Joseph Kenny
Most experts advise consumers to avoid having too many credit card accounts. When you decide to open a new card because it has better rates, it is important to make sure you properly close your existing credit card. There are a number of reasons why you should close existing accounts when... If you cancel a credit card, make sure you cut it up. ... Any credit card accounts which are not being used should be closed. ... At the same time, you want to make sure you don't close your oldest card, as this could damage your credit score.

Credit Cards and How To Choose Them: by Grant Marwick
It may seem like a simple question but its important to take into account a few factors when choosing your credit card. If you are in the enviable position of being able to pay off your card every month then you are amongst the few. If like most you don’t then we can offer you some guidance. ... The consumer credit card act outlines what the credit card company should be liable for. ... Insurance: All credit cards should come with insurance, which covers you for fraud or theft that results in your card being used before you can cancel it.

Using Your Credit Card Wisely by Peter Kenny
Keeping your credit card debts in check should be your sole aim in life if you want to live a financially viable life, because if you don’t the fall out of having a lot of debt on your credit cards can start to affect other parts of your life. As much as credit cards are a handy spending tool,... Always check your credit card statement for any phantom payments taken from your card, though not a regular occurrence, mistakes can happen and it will also let you catch any fraud being applied to your credit card account.

Tips for First Time Credit Card Users by John Mussi
Having a credit card is one of the necessities in our modern times. A credit card can help a person stretch out his or her cash flow. However with this great privilege given by the credit card, some people tend to abuse it. People will sometimes use the card to purchase things that are normally... The first step for new credit card users is to choose the card wisely. ... First time credit card users should not overlook the fact that credit cards should be used responsibly, if they don't they are the one who will take the fall.

Online Credit Card Use On The Up by Peter Kenny
Internet commerce and shopping online have become extremely popular in recent years. Companies such as Amazon have revolutionised the way we buy books and CD’s. Also, booking travel arrangements such as airplane tickets, car rentals, hotels and other accommodation is no increasingly carried out... If you decide to just leave an old credit card stored in your home, you leave yourself open to credit card fraud. ... A new credit card is being brought out in the near future that you will be able to use over the internet using your unique personal identification number (PIN) the number is...

Credit Card Benefits and Drawbacks by John Mussi
Credit cards have both benefits and drawbacks. It is wise to consider both before applying for a credit card. While they can be very useful, credit cards can also be risky. Even people who are usually good with their money get into trouble with credit cards. ... One of the main benefits of using a credit card rather than a debit card is the protection provided by the Consumer Credit Act. ... Here are some of the drawbacks of using a credit card: Credit cards can be unnecessarily costly. ... However, because of credit card charges for cash withdrawals, a debit card is better if you want to...

Identity Theft: Credit Card Owners Worst Enemy by John Mussi
Credit cards give opportunities for scammers to steal your personal information and use it to purchase a variety of items. This is called identity theft which is considered a felony and more and more people are experiencing the problems that it can cause. ... Allowing your credit card details to fall into the wrong hands could damage the credit score you so keenly maintained. ... Then report it to the fraud department of your credit card company. ... So be careful with your credit card numbers. ... Then report it to the police and present the things given to you by the card company to have...

The Perils of the Property Ladder: Has Anyone Noticed the Silence? by Rachel Lane
There was a time when every conversation was focussed on property and every other TV programme was about property makeovers. Everybody wanted to get into property and those already on the ladder seemed fixated on becoming wealthy overnight. Remember those media-nominated millionaires who bought... * Credit refusal – a person's credit history has to add up to the lender when you apply for credit, if you don't appear on the Electoral Roll at your current address it will make it more difficult to get credit.” If you’re thinking about buying a house, try the following sites for starting your...