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Presented by Daniel Toriola If you are getting a credit card, remember to check and double-check all clauses within the agreement you are signing. If anything seems suspicious at all, then do not sign and find a different company. Click here to know more Host Unlimited Domains With Our Reseller Plans! Pay fixed rate and Charge Your Clients Whatever You Want! Also available Private Label Hosting with Anonymous name servers, Free Unlimited SiteBuilder Licenses, etc. Click here to know more Credit Card Theft Hurts Retailers And Credit Card Consumers By Debbie Dragon Thanks to the zero liability policy offered by most credit card issuers, if your credit card is stolen you're typically only liable for a very small portion of the unauthorized purchases- if any. Even if a thief charges thousands of dollars on your credit card, a zero liability policy means you don't pay for it. You're not the only one affected by your stolen credit card, though. The retailers who accepted the stolen credit card (not knowing it was stolen, of course) lose price of the merchandise purchased with the credit card, and also considerable amounts of time and effort as they attempt to recover some of their costs. Who do you think pays for the costs of credit card theft? If the cardholder of the stolen credit card is not required to pay for the unauthorized charges; and the thief is rarely caught; and the retailers are out the merchandise that was purchased with the stolen credit card- who pays for all of these financial damages? Consumers. Retailers raise their prices and credit card issuers raise their interest rates and fees to help compensate for credit card theft. So while the cardholder of the stolen credit card doesn't pay for the unauthorized purchases; the rest of the consumers who are already paying for their purchases are paying higher fees to compensate for the stolen cards. Attorney General Larry Long spoke to the South Dakota Retailers Association about loss prevention in Sioux Falls on April 3, 2007. Long says that retailers need a plan for how to catch shoplifters, in order to alleviate some of these escalating costs. The seminar that Long spoke at was sponsored by the South Dakota Retailers Association and aimed to assist retailers for developing strategies to stop theft, fraud and scams. Statistics provided by The Retailers' Association indicate an annual inventory loss of over $37 billion nationwide for theft from employees, shoplifting, vendor fraud and administrative errors. The Vice President of Loss Prevention for the National Retail Federation based in Washington, DC, Joseph LaRocca, said they have developed a system that law enforcement and businesses can use in order to track nationwide theft. It's a secure online database system created because LaRocca insists that the issues of theft, fraud and scams effect everyone. How To Get Out Of Credit Card Debt Start getting out of credit card debt today with 7 Easy Steps to Getting Out of Credit Card Debt. Page 1 Presented by Daniel Toriola Attorney General Long, and the office of the Attorney General are not directly involved in the prosecution of shoplifters and thieves, but the state assists people and businesses who have been targets of such crimes. The local law enforcement handles the prosecution. While the goal is to be advocates of consumers, Long realizes that doesn't necessarily mean in order to do that we have to be on the opposing side of merchants and retailers. It's estimated that only about one out of every eight or nine cases of fraud are reported to the state's consumer protection office. Scams and fraud are extremely common, and more so than most people fully understand. Long says, "There is not a week that goes by that we don't have at least one person who says they've been a victim of such a scam." Under laws in South Dakota, retailers can attempt to recoup lost merchandise and expenses from the thieves. In order to effectively do this, Long believes that retailers must have a plan in place to catch shoplifters. A plan would require retailers to effectively and properly detain thieves until law enforcement arrives once they are identified as thieves, and as Long suggests, there should be a standard policy in place for handling such activity. This article has been provided courtesy of Creditor Web, http://www.creditorweb.com . You Can Beat Bad Credit! Bankruptcy Ok! EVERYONE QUALIFIES! NO CHEX SYSTEMS! NO CREDIT CHECKS! Get a Checking, Savings, Credit Card or Investment Account TODAY! Page 2 Presented by Daniel Toriola How To Restore Your Credit Rating Following Credit Card Identity Theft By Wade Robins If you have been the victim of credit card identity theft and you need to restore your credit rating because you have had your credit card or credit card details actually stolen, or because someone has applied for and received a credit card using your name and social security number, you may be at a loss as to where to begin. First, you can take pre-emptive measures against identity theft as soon as you receive a new credit card. You should photocopy both sides of all your credit cards so that as soon as one of them is lost or stolen you will be able to report that it is missing and have that card account closed. Second, you should never carry any credit cards which you do not intend to use, and you should have only the number of credit cards that you absolutely need. As soon as you realize that your credit card is missing, or that there are unexplained charges on your monthly statement, you will have to assume that you are a target of credit card identity theft, and to restore your credit rating you need to stop the missing or compromised cards. If someone has obtained your name and social security number, perhaps through mail theft, and used them to open a credit card account, you will also be a victim of credit card theft and need to restore your credit rating. But you won't know that you have been victimized until the credit card company which issued the fraudulent card actually starts contacting you about the payments which the thief has undoubtedly failed to make. You'll need to prove that you have never lived at the address which the scammer provided, and that all of the other personal details that person provided are not yours. Experiencing this sort of credit card identity theft and having to restore your credit rating can be a very time-consuming, frustrating experience, but it's important that throughout the process you continue to maintain the payments on your legitimate obligations. Contact The Credit Reporting Agencies As soon as you think you have fallen prey to credit card identity theft you can start to restore your credit rating by contacting the three credit reporting agencies, Experian, TransUnion, and Equifax, and asking them to place fraud alerts on all your credit reports. A fraud alert will be an obstacle to anyone who attempts to use your information to establish a new line of credit. For more info see http://www.preventidentitythefthelp.com/Identity_Theft_Statistics on Identity Theft Statistics. Contact the FTC And Police You should notify and file a formal complaint with both the Federal Trade Commission, and the police in the jurisdiction where the credit card identity theft occurred, providing the police with a copy of your FTC complaint. Taking these steps when you have been a victim of credit card identity theft and are trying to restore your credit rating will put you in a much stronger position to prevent whoever has victimized you from Guaranteed Bad Credit Financing Receive a loan or credit card even with bankruptcy! Page 3 Presented by Daniel Toriola doing too much damage. You can also find more info on http://www.preventidentitythefthelp.com/Identity_Theft_Shopping_Online on Identity Theft Shopping Online and http://www.preventidentitythefthelp.com/Identity_Theft_Software on Identity Theft Software. How To Get Rid Of. Eliminate credit card debt legally, morally, and ethically. 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