Credit card identity fraud has steadily rose from a worrying problem, to a large scale nuisance that has credit card issuers looking to secure ways of it from getting any worse.

So what is credit card identity fraud? Well identity fraud is when a crook manages to get a hold of the personal details from your credit card and uses it to make purchases and to apply for other debts in your name, thus leaving your good self to pick up the pieces, they are nasty lowlife that prey on the easiest of targets.

How do the crooks manage to get a hold of my details?

There is a number of ways, with one of the simplest of ways being your very own rubbish bin, this is due to the fact that any old statements that you find the need to discard, will hold all the relevant information on it that a crook needs to set up your name fraudulently. To stop this a cheap and easy way to stop this is by purchasing a paper shredder, this will only offer the crooks some bedding for a hamster, when he is raking through your bin.

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If you don’t secure the way that you discard your personal details, then the problems that it can throw up can cause you untold stress and headaches, debt collectors can turn up on your doorstep, being taken to court by companies trying to retrieve their money and personal problems such as trying to apply for a mortgage or loans as your credit status will be virtually zero. All this will come down on your head if you can’t prove that the purchases and other services used in your name weren’t made by you. But if you can, then the banks will meet most of the fraudulent purchases made on the credit card.

Another way to protect you is by applying for a card that offers good protection, one such card is the Capital One “No Hassle Platinum” card. While most cards offer up some sort of identity fraud protection, this card gives you that little bit more and it’s free to boot. Capital One offers a 7-day a week service for customers that have been stung by the crooks. This service will give you advice on how to deal with the problem at hand and with all that is involved in trying to prove that the debt was not caused by you, the help will be very welcome indeed.