April 30, 2010, Newsletter Issue #118: Zero liability credit card fraud protection

Tip of the Week

Opt in to your credit card company's zero liability credit card fraud protection plan. If you find any fraudulent charges on your credit card statement, you'll be able to contact your credit card company and be released from responsibility for those charges. The credit card company will then give you a new account number and credit card to prevent further credit card fraud. There is usually a small fee associated with credit card fraud protection, but you'll be glad you paid it if you have to use it. With credit card fraud on the rise, it may be more expensive to not have the protection.

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