Credit Card Fraud
Deciding its time to buy a new vehicle you set off to the car dealership in search of that new car you’ve been dreaming of getting for last year. Once you have everything picked out, down to the sound system and DVD player, you and the sales person go to sit down to do all the paperwork. That’s when it happens, you get the bad news. Your credit score is way too low and you’ve been turned down. The sales associate goes over the reasons with you, stating that there have been many large purchases made in your name and non of them were ever paid for. You have no idea what the sales associate is talking about, you haven’t made any large purchases in at least a year and half. After talking with the associate and arguing over your credit and the purchases you didn’t make, you leave furious and without a clue.
This is common among American’s, as credit card fraud occurs every 5-10 seconds, and it happens to someone just like you. You have excellent credit, have never made a payment late and suddenly you’ve been declined at a car dealership, or to buy furniture, a house maybe, or even get a new credit card. (more…)
You can open up your mail, turn on the television or surf the internet without seeing some kind of advertisement for applying for a credit card or what the credit card has to offer.