Fraud can happen to anyone and it is not pleasant. If you discover someone else is using your information, immediately report credit card fraud to the creditor. Credit card fraud should be taken seriously since it can destroy your credit rating and make it difficult to get a loan or other credit in the future. When this occurs, work with the creditor to explain your situation. Expect the process to take some time. Also, anticipate dealing with a creditor who doesn’t necessarily believe what you are telling them. They are used to dealing with people who make up stories to get out of paying a debt, so you will be required to provide proof, possibly including a police report.

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