Credit Card Compromised…
You get the dreaded phone call or e-mail from your credit card company. Last fall, when I was in the process of moving states, I was in a hotel and heard the message on my cell phone: “your credit card number has been stolen; please call back.” I was asked if I had made two high-priced purchases and I said no.
The purchases were outside of my profile with the credit card company. Yes, you have a profile how you have used your card in the past. The credit card company told me to stop using the card and a new card would be issued. At this time, I had recently used the card to pay for a purchase. I had to go back and use another card to make payment. Since I had the card in my possession, and it was an isolated situation, no further steps were needed in my case. It could’ve been much worse.
This incident illustrates one of the key reasons we should all check our credit history annually via www.annualcreditreport.com – to make sure our identity hasn’t been used by someone else. The Federal Trade Commission – www.ftc.gov – is a great resource on what to do if you ever are a victim of ID theft.