Credit card fraud is something quite common to see nowadays. If someone is using your credit card without your consent, then it’s credit card fraud. While we all wish that we stay away from such troublesome, but still, we just can’t be sure what future has got for us. Any of us can face this problem. You must know how to come out of it. You must have the knowledge about how to report credit card fraud. This post will tell you all about latter.
File identity theft report with your local Police Station
The very first step is to inform credit card company about the fraud. Since they will take your complaint only after you are done filing report with police station, so you must first file identity theft report. You should give as much info as you can give. Copies of credit card statement, other documentation are also what you may need to provide while filing identity theft report.
Call the credit card issuer and Cancel the Card
Go to the website of credit card issuer and find out the number to contact them. You should do it as soon as possible and should cancel the card. If you don’t have access to the Internet, you can find out the contact number of issuer from the documents that you got with credit card.
Maximum liability for the Fraudulent Charges
The next step is to find out the maximum liability for the fraudulent charges. Under federal law, if someone uses your card before your report it’s theft, maximum liability for fraudulent charges is $50.
Carefully Note Down Verbal Correspondence with the Credit Card Company
One intelligent step when you are in the said trouble, is to note down all verbal correspondence with the credit card company. You should note down the date, should note down whom you talked to, when you talked etc. You should also report and investigate the process and should contact credit card company for the timely updates regarding this matter.
Compose a letter to the credit card issuer
The next step is to compose a letter to credit card issuer. The letter should include the date you firstly reported the fraud. You should attach copies of police report, the complaint form from the FTC website, and other required documents as well. Just find out the “billing errors” address of the credit card issuer, and then compose letter in no time.
Request a written statement from the card issuer
After you are done with all previous steps, just request a written statement from the card issuer.
File a fraud alert with the three credit bureaus
This initial 90-day alert is quite important. It stops the person who is misusing your credit card, from doing so.