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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