LYCOS RETRIEVER
Credit Card Fraud: Companies
built 659 days ago
When you apply for a credit card make sure the company has the right return address for you. Make sure the apartment details and other details are correct on the card. You don’t want this to end up in the wrong mailbox so it can be activated by someone else.
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You should ... know that the company that verifies credit card purchases has various levels of verification. It starts with credit card number and last name (which is the most expensive level) and can require expiration date, etc. which cost less.
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Other experts say any figures are bogus because most thefts of data, software and such things as credit-card information aren't reported. Companies don't like admitting they were outfoxed by techies barely old enough to vote.
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[O]f all most credit card thieves immediately max out your card in order to get as much money off of it as possible. The minute that they do this it will be reported to the credit card companies and the Credit Bureau that you have used up all of your available credit. This immediately causes a black mark on your credit report as it makes you look desperate.
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The company is not saying how many consumers might be affected but is recommending that shoppers at any DSW store monitor their credit card activity closely. The company has several stores in the Washington area.
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Don't give your credit card number to telemarketers unless you are sure they represent a reputable company or you placed the call. Con artists pretend to sell you something just to get your credit card number.
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