3 Ways to Protect Yourself from Credit Card Fraud

Once you receive a credit card, protect yourself and your efforts to repair your credit by following these suggestions:

1. Send your creditors a change of address when you move. Many creditors provide change of address boxes on their monthly bills. For your other creditors, you can send a letter, call the customer service phone number, or use a post office change of address post card.

2. If you need an increase in your credit limit, ask for it. Many creditors will close accounts or charge late fees on customers who exceed their credit limits. But pay close attention: If you’re charging to the limit on your credit card, you may be heading for financial trouble.

3. Take steps to protect your cards. Sign your cards as soon as they arrive. If you have a personal identification number (PIN) that allows you take cash advances, keep the number in your head and never write it down near your credit card.