A
credit card has become a basic need when it comes to the average
consumer these days. This plastic card let’s you pay on the spot without
actually using any money directly. At the end of the month, you are
sent a bill, or a credit card statement, that shows how much you spent
on your credit card plus the interest.

However,
using this little plastic card also has serious dangers. Other people
can easily steal information from your account and use it for
themselves. You might end up with a credit card lawsuit for bills and
purchases that you did not even make. Here are a few tips to help avoid
identity theft and keep your account safe and sound.

Don’t give out info during phone calls

A
common M.O. fraud artists use is to call up people and tell them that
they represent a business, bank or financial institution, and that they
need to get their credit card number for something very important. You
should never give out your credit card number over a phone call unless
you initiated it. Make sure that the person you are talking over the
phone is someone you can trust.

Seek added security features

Try
to sign up for a credit card with added features for security. For
example, some cards require photo ID. This makes it harder for other
people to use your card.

Keep your account details private

If
you have to write down your PIN or account number, keep the piece of
paper you are writing it down on. Never write the digits on the outer
part of a letter or envelope. Never write it down somewhere other people
can see it.

Always check your monthly statement

Your
monthly statement shows every purchase you used your card on, helping
you track down any swipes that may be unknown to you. If you notice
something strange with your statement, contact your credit card provider
right away and ask about it. Notify them about these charges and that
you are positive that you did not make these purchases. You can always
get your credit card account suspended or frozen.

Do not throw your receipts away

Receipts
are important because they help you match up everything on the credit
card statement. These are also very helpful when you are facing a credit
card lawsuit. You can use these as legal documents that can help back
up your case and reach an amicable settlement.