I have just got a credit card...but yesterday I read a news about credit card fraud and now I think to take special precautions that nobody could ditch me...so please tell some of the essential tips to prevent credit card fraud.
To effectively prevent credit card fraud, you need to know the important steps you need to take in making sure that it does not happen. First of all, as much as possible, try to keep all your security information to yourself but if you must give away your information, make sure that it is only to a person you entirely trust. If you also transact online, make sure that your gadgets are equipped with an efficient antivirus software so that malicious codes are prevented from entering your systems and potentially stealing information. Also conduct a routinely credit report check, so that you are informed of any inaccuracies or inconsistencies with your spending. Monitoring your credit regularly will allow you to easily identify frauds and stop them from using your accounts. To know more about why you need to monitor your credit report, read this post,
Don't shop online, don't give your credit card number over the phone, don't give your credit card to anyone, don't even OWN a credit card, etc...