Credit Cards Fraud

Credit Cards Fraud

Nowadays, computer technology is growing bigger and bigger. This tremendous and powerful improvement has its good and bad connotations. Credit cards are one popular invention of the computer era. According to www.1stamericancardservice.com, a credit card is a plastic card bearing an account number assigned to a cardholder with a credit limit that can be used to purchase goods and services and to obtain cash disbursements on credit, for which a cardholder is subsequently billed by an issuer for repayment of the credit extended at once or on an installment basis. It has some advantages and disadvantages. Fraud is the main problem of the credit cards which it is presented and committed in different forms.

The credit cards present a list of good and bad points and this according to www.themint.org and acclaimcreditcards.hypermart.net. On one hand, advantages are well presented and carry lot of points. First, it is a safe alternative to cash. When you have your card in your wallet, you don't have to carry cash that can be lost or stolen. If your credit card is lost or stolen, you can report the missing card