If you have ever borrowed cash, you may have been a victim of a variety of credit card scams:
Have you ever used your credit card without your permission?
Tell you how a credit card company makes you promiscuous.
Never trust anyone. Never! Always! But please understand that even with all the knowledge you have acquired, you still owe a great deal. And that even the worst credit card scam I have ever seen took place with one of the aforementioned credit cards scams. Credit card companies have historically collaborated with their unsuspecting customers and have even provided them with freebies.
Negotiation is always an option!
Negotiate in good faith with this credit card company or an affiliate of this credit card company
Have you ever tried to use their credit cards on unauthorized persons and still haven’t been accepted?
It’s always possible to get a payment through a credit card, provided that you have written permission from the credit card company. This is a great way to ensure that you avoid getting “tainted”. No verbal or written authorization is required – depending on the credit card company and what sort of payment you can qualify.
Please note that the following are some of common credit card scams, to make sure it’s a genuine scam, i.e. don’t contact a credit card company directly!
1. Don’t Contact A Credit Card Company!
Many of these credit cards scams aim to scam you:
You apply for a credit card!
You receive an E-Mail purporting to be from an authorized representative who actually exists!
You receive an e-mail from a dishonest (or, dishonestly obtained) credit card company quoting legitimate products/services and saying they will remove that product if you follow the product instructions. When you opts for that product, the e-mail says you must contact the legitimate company – NOT the legitimate company itself, for the products listed on their website. If the product is removed after 90 days, you will be billed.
2. Don’t Try To Get Copy And Pin Cards
There are a number of legitimate credit card offers on the market but these are usually via direct sales (DMP), where they offer you the chance to purchase a product the minute you buy it through a web site. Again, the chances of you getting an E-Mail purporting to be from an approved representative or a legitimate company are much higher because the chances of the e-mailest becoming a phishing exploit, with the website containing fraudulent and phreak (or spyware) links. If you buy a copy and Pin, they usually end up sending you another one of, say, a Visa or MasterCard in your email – and after a while, you have to get another one too.
3. Online Merchant Switchers Can “Chase Tinto Corp.”
You might find a service provider that can give you an immediate credit card payment online. Look for online quotes of local and foreign companies. In some cases, such as China Telecom, you can find hundreds or even thousands of listings on the Internet, including locations that have been illegally converted or altered. (You should research them.) Some companies even tell you when you may be looking for a transaction in your home state – for example, when you are searching for a new home. You can also see what the market is saying about your online transactions – these are the transactions you may want to confirm or confirm before applying for the credit cards.
The best way to avoid a credit card scam is for ‘do-it-yourself”’s sake. Start by signing up for a credit card instantly – sometimes as little as two or three days after you first check out your online financial experience – and go through the steps listed above – carefully and only after you have verified that those online quotes provided your credit card company ‘accredited or illegal.’ Now, by the time you know you expect to receive the card, check out the process itself, compare the quotes and then proceed to the next step.
Copyright (c) 2005 Innovative Solutions Publishing, Inc. All rights reserved.
The company open issues are:
1. Address changes and added credit for you via phone or mail order
2. Customer service / payment dispute procedures
3. Security / fraud awareness status
4. Business benefits/points of interest/costs associated with the credit card.