12. Identity Theft Threats with Credit Cards and Debit Cards

The combination of the fact that everyone has credit cards and debit cards with the fact that they present easy targets for identity thieves has made credit cards and debit cards fertile ground for the efforts of identity thieves. Some of the identity theft scams steal your credit card or debit card information and data through the use of technology, whereas other scams creatively lure you into providing the information to the identity thieves yourself.

Credit Card Liability

The good news is that the maximum liability that you face for fraudulent charges is limited to $50 even if the card is used before you report its misuse. In fact, if the fraudulent charges were made with your credit ...

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