If Credit Card is lost Many of us use credit cards. But what happens when the it is lost or some one steals it? In such a case certain steps have to be taken immediately. First of all, call the credit company informing it that your credit card has been stolen or misplaced. The numbers which should be called in such a situation are printed on the monthly credit card bills. The credit card company should be informed as soon as possible so that the misuse of the card is prevented. After the call has been made and the credit company informed of the card being lost, it can not be used as the company would immediately stop all the transactions on that card. Therefore, it is necessary that the number of the credit card company should be available. It is all the more necessary when some one is travelling. A card holder can also take the insurance policy which will cover for the lost card. The credit card holders are protected up to certain conditions according to the conditions laid down by the insurance company. Sometimes it is required to file a police complaint about the loss of the card. But it is always better if the police complaint is made as soon as possible. Such a complaint may be necessary from the point of view of insurance. Necessary things: · Normal precautions should be taken regarding handling the cards. · The credit card company must be informed to deactivate the card as soon as possible. · If possible there should be an insurance policy regarding loss of the card. · A police report must be made as soon as possible. Iqbal Amrohi http://in.groups.yahoo.com/group/globalfriends2008 http://in.groups.yahoo.com/group/globalfriends2008 http://in.groups.yahoo.com/group/globalfriends2008 http://in.groups.yahoo.com/group/globalfriends2008 http://in.groups.yahoo.com/group/globalfriends2008 |
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