Holiday Debt Hangover… CREDIT CARD BILLS…

bill_761_17680431_0_0_7000038_300.jpgThe time to pay up for last years holiday has come around again, but you may have came back from holiday only to find that there a few items on your credit statement that you don’t remember paying for.

Here are some tips on the direction you should take if this occurs. My friend Jag from MyPeculiarThoughts has also compiled Tips to transform yourself into a Savvy Card user is worth reading.

The first thing you should do is to contact your credit card company. If someone has illegally cloned your credit card details, you could find more of the same type of credit card transactions on your next bill.

The next thing you should consider is contacting all the providers of the other credit cards that you took with you on holiday. You should let them know that you think that one or more of your cards has been jeopardized and that you will need to have your accounts checked for abnormal transactions. The simplest way is to let them know when you returned back home from holiday and that any purchases from abroad should be thought of as suspicious.

Tell the credit company to cancel any cards that are thought to have had any suspect transactions performed, and instruct them to send you out new replacement cards. It will usually take a couple of days to receive your new plastic, so in that time you will have to use other arrangements to pay using cheques, cash etc.

The credit card company that you use will investigate any suspicious transactions in part to make sure that you didn’t make any of the purchases and just forgot about it, and they might be capable of plotting out a pattern of transactions from somebody that is travelling from region to region while using your card.

You should ask that your credit company send you out an amended account of your transactions and that they don’t ask you to pay on you disputed credit card bills.

One last thing, you might receive some calls from someone who claims to be from your credit card company, and they want to check your newly issued credit cards for security reasons. If they ask for any secure information, don’t let them have it, it could be the criminals calling you, and they know that you have probably been issued with new cards. They do this in an attempt to obtain entry to your new accounts.

Remember; just make sure that you can account for everything on your next bill.

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5 Responses

  1. Jag says:

    Hi,

    Thanks for the link up. Just have to add that for the article in Qotion.com, there may be some broken links in there as the site is still undergoing a revamp.

    Anyway good article! I always believe in accounting for everything in the bill. There is always a chance of human or computer error. Don’t be paying more than you should.

    Cheers,
    Jag

  2. Robin Bal says:

    Hi Jag,

    You are most welcome. Good blogs like yours deserve a mention.

    Cheers.

  3. Susan says:

    Excellent tips and by the way I just added you to Stumble On. Can’t believe your site hasn’t been added already.

  4. Robin Bal says:

    Hi Susan,

    Thanks for your kind words and adding me at Stumble On.

    Take care and cheers.

  5. Between my family we’ve had more prepaid credit cards over time than we can count, including Rushcard, Greendot, etc. But, the last few years I’ve found that one is the best for our needs AccountNow Visa. Why? Because I was happy to discover how well-designed and and piece of cake to use the underappreciated (and widely mocked) AccountNow Visa’s are.

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