Credit card fraud
News from Ventura County Star:

Don’t worry about voter fraud; think about credit card fraud. Our credit card account was hit, and very painfully! We use this specific card for our few online purchases, and we have never run a balance.

On Oct. 8, two fraudulent charges were made on our card for $ 810 and $ 7,256 for a restaurant in, of all places, Madrid, Spain.

Quite amazing when you consider the following:

1. The credit card organization sent us an email informing us how they were going to assist us on our European vacation. We immediately emailed that this was absurd, totally wrong and we have no plans to travel anywhere.

2. In the face of our response, the card company continued to allow these amounts to be added to our account.

3. The actual card was in our desk drawer; how could it be used to make these charges?

4. Spain? I do not even have a passport, so Spain would be amazing. Also, our maximum credit allowance was $ 8,500 and that was almost the amount charged to this card. How would the perpetrators know of this?

After weeks of phone calls, letters and online transactions, there is hope. The credit card company is carefully reviewing these charges and as of Nov. 9 has removed them from our account; but this is not the final word. They are continuing their investigation, and the account has not been closed as we requested.

Credit card and…………… continues on Ventura County Star

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Related News:

Five Tips for Handling 0% Credit Card Offers
News from Fox Business:

When a credit card company says they’ll give me free credit for 12 months, I consider paying off my balance before the end of the period — and avoiding the interest charges that will appear if I don’t — a challenge.

My romance with these offers started several years ago when the receptionist for my son’s orthodontist flashed me a toothy grin and handed me the bill for his braces. I gulped at the total and decided to apply for a card that offered a zero-interest period to help handle the expenses. I paid that balance off before the end of the period, and I’ve since financed several dental and veterinary bills the same way.

But before you opt to use a 0% offer to pay down your bills, here are five tips to keep in mind.

1. Read the fine print

Before you apply for a new card, make sure that’s exactly what you’re getting. With a 0% offer, the promotion expiration is the date by which you must pay off your balance or else the remaining amount will be subject to the standard APR from that point forward — usually between 12 and 24%. Also note that these cards still typically require a monthly minimum payment during the 0% period. If you fail to make tha…………… continues on Fox Business

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