Only Finance.com® - visa credit card security

Compare Credit Cards | Credit Card Providers | Credit Card Types

Credit Cards - Lose sight, lose security! - 23/04/2008

When it comes to the security of our credit cards, too many of us have a relaxed approach and the consequences are proving catastrophic. Some seven million Brits are taking huge risks when it comes to our flexible friends, when making purchases it seems we are too preoccupied to pay attention to its whereabouts.

Allowing your card to leave your line of sight while making a purchase is a sure fire way to contribute to the pockets of the card cloners and skimmers, a mistake that will come back for more and more of your hard earned cash. Steve Willey head of credit cards for Moneysupermarket.com informs us that “Card cloning and skimming is a multi-billion pound crime” and yet “so many people seem to be blasé about it”.

Interestingly he comments that it is the “younger cardholders” who “are more lax”, “with 23 per cent of cardholders aged 40 or under” reported to have allowed this to happen; a sharp contrast to the meagre “13 per cent of the older generation”.

Related News

18/11/2008 - American citizens in credit card debt. It is not only property bills that Americans can no longer afford to pay....

17/11/2008 - Can you afford the turkey. All the great intentions of the countrys leaders in trying to stem the credit...

14/11/2008 - Parents to be “vigilant with their bank card details”. Parents are being urged to be vigilant with their bank card details after more...

Related Guides

Finding the best credit card. When it comes to choosing a credit card there seems to be a bewildering...

Quick Credit Card Guide. Were living in a cashless society, and instead of our purses and wallets being unburdened...

14/11/2008 - Bad debt bites banks. Banks and credit providers have been placed in between a rock and a hard...

06/11/2008 - Secret spenders. According to recent research conducted by a financial website, men were found to be...

02/11/2008 - Millionaire customers tempted with diamond credit card. While the credit crunch is biting globally and people everywhere are tightening their belts,...

Credit Card Guides

Finding the best credit card
Quick Credit Card Guide

Best Buy Credit Card

0% Balance Transfer	Buy Now
Cash Back Cards	Buy Now
Gold/Silver Cards	Buy Now
Platinum Cards	Buy Now

Credit Card News

18/11/2008 - American citizens in credit card debt. It is not only property bills that Americans can...

17/11/2008 - Can you afford the turkey. All the great intentions of the countrys leaders in...

14/11/2008 - Parents to be “vigilant with their bank card details”. Parents are being urged to be vigilant with their...

More News >>

Only Finance Ltd is authorised and regulated by the Financial Services Authority, FSA registration number: 466941. Our registered offices are 1 Kings Avenue, Winchmore Hill, London N21 3NA, company number: 05640662. Telephone 0207 377 1805.