Here’s a little something about me that will probably come as a surprise to absolutely no one: I LOVE to shop. I have loooved to shop since I was a little girl, and can still very clearly remember driving my entire family absolutely crazy with my incessant demands to stop and SHOP wherever we went (especially when on trips together). As someone who happily taps their way through daily life with their credit card seemingly stuck to the palm of their hand (who needs a real wallet anyway?) I have, inevitably (and unfortunately), become a victim of fraud more than once.
Fraud happens, and it sucks. But instead of living in fear of it, I think it’s more important to understand why and how it happens and try to protect yourself as best you can. This is why I’m thrilled to help shed light on some ways to protect yourself from fraud thanks to tips from the pros at Capital One during Fraud Prevention Month.
Like many of you, I’ve often wondered about how and why fraud happens. To me, this is one of those areas of adulting that seems like we should all know about, but no one really does–and yet everyone’s too embarrassed to ask about it. Personally, I love that in the Credit 101 section of the Capital One website, they have a great guide to fraud prevention that’s easy for anyone to understand. Think of it as a resource tool ‘Fraud Prevention for Dummies!‘ Obviously, I’ve found it very useful.
It’s important to remember not to blame yourself if you do become a victim of fraud and, thankfully, there’s lots you can do prevent it from happening again. As Capital One shares on their website, “fraud can occur when your credit card information or identity have been used without your permission or knowledge. It’s often anonymous, frequently takes place via online channels and impacts people of all ages, from all walks of life.”
Interested in learning more about joining the 93% of Canadians who are taking steps to protect themselves against fraud and identity theft?
Keep reading for 7 key ways to protect yourself from fraud!
7 Easy Ways To Protect Yourself From Fraud:
- Keep your credit card number top secret! Don’t share it with anyone, and definitely don’t read the number out loud when you’re in a public place. It’s also NOT advised to share or lend your card to anyone.
- Possibly even more top secret than your credit card number – your PIN number. Make sure those 4 precious numbers are known by you, and only you. And don’t make it your birthday!
- Do you use the same easy-to-remember password for everything? Yeah, don’t do that. Make your passwords difficult to guess and complex. Ensure you’ve got a different one across all of your accounts.
- Keep an eye on your credit score (for free) by using Capital One’s Credit Keeper
- Make sure your mail isn’t going missing and have a friend or neighbour collect your mail while you’re away.
- If you love sharing your life on social media, just try not to share important personal information like your date of birth, address and phone number.
- Be aware of phishing scams, including phone calls, text message and emails–never give out your account information.
For the full list of ways to protect yourself from fraud, please visit Capital One’s handy online resource HERE.
(Story by Editor-in-Chief, Gracie Carroll)
*Please note that this post has been brought to you thanks to a paid partnership with Capital One Canada, all thoughts and opinions are our own*