Protect Your Credit Card From Fraud

Posted by CapWay in CreditNovember 28, 2019(Last Updated December 30, 2022)1 min read
Key Takeaways
  • One way to prevent credit card fraud is to place a free credit freeze on your credit report. 
  • A credit freeze prevents new credit from being filed.
  • In the case of fraud, a credit freeze prevents fraudsters from being able to attain new credit. 
Are you ready to make some real money moves?

One way to prevent credit card fraud is to place a free credit freeze on your credit report. With a freeze, new credit applications will automatically be declined because lenders will not be able to pull your report. A credit freeze is helpful because if your credit card information ends up in the wrong hands, the fraudsters cannot apply for new credit. 


The benefit of a credit freeze is that it prevents your credit score from being affected. When you realize your information is stolen and decide to implement a credit freeze, the credit thieves will not be able to take advantage of the stolen credit information and open a new credit line. As a result, the credit freeze will prevent new credit from being issued and help ensure your credit score remains intact. 

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