India  

Does credit card fraud negatively affect your credit score?

IndiaTimes Wednesday, 15 November 2023
Credit card fraud can harm your credit score if unauthorized activity is reported to credit bureaus. However, once you report the fraud and it is investigated, the negative impact on your credit score can be reversed. Credit card fraud includes unauthorized use of your card, data breaches, and identity theft. Credit card issuers can assist by canceling the card, investigating the fraud, and updating credit bureau information. If inaccuracies occur in your credit reports due to fraud, you can file disputes with the credit bureaus for resolution.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Holiday Travel Tips [Video]

Holiday Travel Tips

Believe it or not, the holiday season is just around the corner, making now the best time to start thinking through your holiday travel plans. Whether you're looking to reunite with loved ones for..

Credit: LifeMinute.tv     Duration: 02:21Published
Commission Seeks Answers in Lewiston, Maine Mass Shooting [Video]

Commission Seeks Answers in Lewiston, Maine Mass Shooting

Commission Seeks Answers , in Lewiston, Maine , Mass Shooting. NBC reports that an independent investigation into the October mass shooting that killed 18 people in Maine will seek a subpoena to..

Credit: Wibbitz Top Stories     Duration: 01:31Published
US Senators Question Army After Reservist Kills 18 in Maine Mass Shooting [Video]

US Senators Question Army After Reservist Kills 18 in Maine Mass Shooting

US Senators Question Army , After Reservist Kills 18 , in Maine Mass Shooting. On November 6, two senators from Maine questioned the U.S. Army's inspector general, seeking answers in the wake of the..

Credit: Wibbitz Top Stories     Duration: 01:30Published

Related news from verified sources

5 reasons why you should not max-out your credit card

Maintaining a low credit utilization ratio is important to maintain a healthy credit score. It is recommended to keep the ratio below 30% and avoid maxing out...
IndiaTimes