CreditOrganizer.com presents the credit news and articles section compiled by our experts. Get helpful pieces of advice before you apply.
NEWS about Credit Cards | >> News List
Should You Sing Your Credit Card?
Today many credit card users are extremely afraid of credit card fraud. They do their best to find secure credit card offers and do what they can in order to protect their cards from fraud and identity theft. Today many credit card users prefer not to sign the back of their plastics. Some of them leave the signature line blank, other prefer to write "see ID". Most cardholders think that it will be more difficult for criminals to use your card and falsify your signature if the thefts don't have an example of it on the back of your plastic. It can be a tough decision for many of us whether to sign a new card or not.
Let's think about it. In case you sign the back of your credit card, it will be easy for the criminals to purchase goods with it. They can simply go to the store, pay with your credit card and easily falsify your signature on the charge receipt.
In addition, there is a possibility that the criminals can use your signature and other info they can find out about you to fill in new credit card applications and acquire more credit.
In case you decide not to sign your credit card, you can write "see ID". This option has become very popular among many credit card users. In this situation clerk has to ask you for your ID (probably your driver's license) and compare the signature on your ID and on the charge receipt. Even if you decide not to sign the back of your credit card at all, clerk still has to ask for your ID!
But what is the best option? Many cardholders prefer not to sign their cards and count on storeowners to ask them for their IDs. But do the clerks always ask you for an ID? Many of them don't even turn the plastic over! Of course they are supposed to do it, but many of them don't. So are you protected then?
Major credit card companies like Visa, Discover, MasterCard or American Express advise their customers to sign their cards. In fact, the clerks are not supposed to accepted credit cards without signatures and have the right to deny the purchase if your card is not signed.
Perhaps the best rule is simply to be careful and do what your credit card company advises you to do. If you lose your wallet, whether you signed your card or not will not be the major issue. Theft can always make purchases online or by phone, in this case your signature will not be necessary at all!
Today many credit card companies offer you the best credit cards with your picture. These plastics will give you extra protection as there is a small possibility that you and the criminal will look alike. Remember that attention can really help you to protect your good credit and to avoid all kinds of identity theft!
Helen Dirk
08:54 AM, March 20, 2008
I think there is no way to protect yourself from fraud and identity theft! Everything depends on you. You have to be attentive. As for me I sign all my credit cards, but some of my friends don't...
Kyle Robinson
07:46 AM, April 02, 2008
I never sign my credit card, because I don't want someone else to use my credit card!
ARTICLES about Credit Cards | >> View all Articles
American Express Travel
October 24, 2008
American Express continues to please its loyal customers with exclusive card offers for frequent travel rewards. Its latest product, co-branded with Delta Airlines, comes with a catchy "Delta Reserve Credit Card" name and aims at wealthy and creditworthy customers looking for incomparable travel experience. It cannot be referred to as a cheapest deal among the rewards type, but the price for the outstanding benefits and additional programs is more than acceptable.
The $450 annual fee and a competitive APR on purchases and balance transfers are charged for the exclusive access to the 24-hour Concierge Service, SkyMiles account rewards program and extended credit line. If you think you can find something better online, take a minute to read further and ascertain that American Express has not been overtopped.
>> Full story... Comments (0)...
Pre Approved Credit
October 07, 2008
If you hold a valid FICO score with at least one national credit reporting agency, you are very likely to receive a pre approved bank card offer in the mail. But among the 3% of recipients completing and returning the application, only some 1.5% if not less actually get approved. Why is that and what are you required of to qualify for that enticing card offer sent by a major bank?
Most people think if they've been pre approved, there will be no hassle going through the formality of the application process. Now they don't have to spend hours searching and comparing products online to find the only right variant. Hardly anyone knows how the bank chooses a potential customer and what eligibility requirements it will use to finally approve or reject your application.
>> Full story... Comments (0)...
Credit Cards at College
September 26, 2008
Though a standard unsecured student credit card is available to high schoolers nowadays, it is at college that young people make their first financial decision independently from parents. The first responsibility comes with the need to choose the right plastic from a great spectrum of equally attractive offers.
>> Full story... Comments (0)...
