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7 Easy Ways To Slash Your Auto Insurance Costs
word count: 589 character width: 60 resource box: 3 lines ========================================================== "7 Easy Ways To Slash Your Auto Insurance Costs" - by Neil Stelling B.Sc, MBA © DigiLectual Inc. 2004 ...

Credit Repair Defaults
If you have defaults on your credit record, it is possible to have some of them removed. Defaults are non-payments recorded on your credit files. When a person is in default, they are subjected to lawsuits, liens, judgments, and other complicated...

How Does a Creditor Determine Whether to Grant You Credit?
Credit 101 How does a creditor determine whether to grant you credit? For many years, creditors have been using credit scores and credit scoring systems to determine if you'd be a good risk for a loan or credit card. More recently, credit scores...

Protect your Identity from Being Stolen
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Real Estate on the Internet: Searching and Researching
According to the National Association of Realtors (NAR) 80% of people interested in purchasing real estate use the Web in their search. If you are looking for homes for sale it can be a very daunting task. The Internet is a very powerful...

Real Estate Research - Talk To Everyone
Real estate research might start with a look at the U.S. Census information about a town. It can include inspections of specific properties, too. There are many statical tools and information that can help, but don't forget one of the easiest and...

The Blessings of the Black Economy
Some call it the "unofficial" or "informal" economy, others call it the "grey economy" but the old name fits it best: the "black economy". In the USA "black" means "profitable, healthy" and this is what the black economy is. Macedonia...

The Self-Appointed Altruists
Their arrival portends rising local prices and a culture shock. Many of them live in plush apartments, or five star hotels, drive SUV's, sport $3000 laptops and PDA's. They earn a two figure multiple of the local average wage. They are...

What Are Internet Radio Hosts Looking For In Their Guests?
Copyright 2005 Black Butterfly Press http://www.maxinethompson.com As an Internet Radio Host of On The Same Page on www.voiceamerica.com, over the past three and a half years, I have interviewed such illustrious guests as Haki Madhubuti of...

Why Americans Find Predatory Lending Offensive
"Menis - the author translates as "indignant rage" - It is the kind of rage arising from social betrayal that impairs a person's dignity through violation of "what's right." (p21), Achilles In Viet Nam - Combat Trauma and the Undoing of Character,...

 
 
 
10 Cons Of An International Credit Card

Credit card fraud is a fast increasing crime in the world. International Credit Card holders are mostly the victims of this unauthorized access to their accounts. Let's take a closer look of the problems faced by international credit cards.

1. Repetitive use of credit card numbers. After a credit card number has been used and disregarded, say cancelled, credit card companies would reissue the same number to other cardholders. The personal identification numbers (PIN) is changed as well as the credit cardholder's personal information. But it still bears the same credit card number.

2. Low standards when it comes to the use of cards by the participating merchants. This is a common problem encountered by international credit cardholders. Employees of the participating merchants have the full access to the account number as well as the security number of the card.

3. Account Statements given out by credit card companies contains less information about the participating merchant. It does not include relevant information about the vendor that charged any transaction on the credit card.

4. Unreliable blocking functions. Once a card loss is reported, it will still take months for the credit card companies to block the transactions being made through the stolen or lost credit card.

5. Lack of validation software. Participating vendors should have better validation software

 


installed on their computer system.

6. Consumer unfriendly policies on fraud management. The policies on the present fraud management take the blame on the cardholders though not directly stipulated. This means that the policies on the fraud management of international credit card companies protect not the consumers but the company.

7. Lax standards on investigation about fraudulent transactions. This is the sad part for the victims of fraud through their credit cards. Getting the suspects charged though proven guilty of fraud seems to take on slowly.

8. Credit card fraud is usually committed through online transactions. This means that credit cardholders are not protected with the authorized or unauthorized use of their cards on purchases or services paid online.

9. Most of the companies that typically appear on charges are those associated with pornography industry. These companies are the ones that accept transactions even without verifying the cardholder's information.

10. Most of the banks' system is not compatible with other international credit card companies for the e-commerce. This is a potential weakness that would mean loss of clients so they would prefer to keep quiet about it.

About the author:

David Riewe is a Publisher and Online Marketer. Visit his Credit Resources Blog Below: http://www.push-button-online-income.com/creditcards/