Many people deal with credit card debt all of their lives with most of them giving little or no thought to what happens with their debt after they die. The fact that nearly 60% die without a will is a strong indication that they’ve given absolutely no thought to it. As a consequence, those that survive the debt holder are often left to deal with a myriad of issues that can be time-consuming and unpleasant. Credit card debt doesn’t simply evaporate when someone dies.
There can never be enough law enforcement to protect everyone from those who are intent on perpetrating scams or frauds. At any one time, there are thousands of operators posing as legitimate businesses or investors offering the deal of a lifetime, and they are connecting with tens of millions of people each day on the phone, over the Internet and through the mail. Senior citizens are especially vulnerable because they are disproportionately targeted. The best thing anyone can do is to be diligent and vigilant in their own awareness of “unlikely” opportunities.
There’s no denying that Americans are in love with their credit cards; but increasingly, the romance is rocked by the actions of unsavory characters seeking to come between them. More specifically, they’re seeking to steal your credit card information and they are relentless in pursuing any and all technological means to get it.
It doesn’t happen very often, but when a company in which you have maintained a credit card number on file goes under, you need to think about the fact that your credit card information goes with it. While there has yet to be any instance of a bankrupt company “losing” or misappropriating secure information, you still have to be concerned with how well your information is being protected. There may be no reason to be alarmed by this, but it’s always wise to be aware and take some precautionary measures to reduce your chances of fraud or identity theft.
Credit card fraud is on the rise. Millions are hit with it each year, so most credit card users are more vigilant than ever, which is a good thing, except for when they fall for a fraud investigation fraud. Think about it, you’re now conditioned to watch over your carefully watch over your credit cards and react promptly if any signs of fraud pop up.
Perhaps the weakest links in the family security chain are the younger family members. The rise of social media as a gateway for children’s interaction with the world presents a substantial risk for families who otherwise try to keep a low profile. By posting details of their whereabouts, activities and plans, family members can inadvertently compromise their family’s security.
It began innocently enough. You swipe your grocery club card at checkout, and as you gather your bags, the checkout clerk hands you some coupons with offers on the products you just purchased. Never mind that one included a dollar off on a product you just paid full price for, from that moment on, your purchasing behavior was being tracked and compiled so that future offers could be tailored to your preferences. Most people don’t give retail tracking a second thought.