It’s all too simple for each one of us to simply let every retail portal we visit on the Internet store our credit card information. However, it's not wise to do this for many reasons, especially now that website “hacking” has become so common. The last thing anyone needs is to become the newest victim of identity theft.
As people who have fought back after having their social security numbers, credit card information and other personal data stolen can tell you, it can take years to repair your credit after such fiascos. Even when you think you've finally conquered the problem, you may soon discover after a brief dormant period that your personal data has been sold again.
Here are a few other reasons why letting websites keep records of your credit card numbers is usually unwise.
Why It’s Important to Keep Your Credit Card Information Private
- Not all credit hacking attacks are reported – or at least not in a timely manner. It can often take weeks or months for you to discover that someone's using your good credit – particularly if you don't carefully review every monthly credit card statement;
- Other people can access your computer and use your information. While parents and spouses don't like to admit they have this problem – the sad fact is that anyone with access to your computer (and where you store your username/passwords) can place an order on it – and then retrieve a package before you ever even know one has arrived;
- Anyone wanting to carefully control their spending should always avoid doing this. Once your basic credit card, shipping information, and other data is saved on a retail website, it's far too easy to abandon your budget and spend lots of money since it just takes seconds to place an order under such conditions (and sellers are keenly aware of this!);
- Future credit card hacking events are very likely. Don't tempt fate because you’re too lazy to re-enter your credit card data every time you want to buy something new. A little bit of healthy patience and paranoia can go a long way;
- Consider memorizing one major credit card number and expiration month/year as a safeguard. If you have an account with plenty of open credit, it can be worth your while to memorize it so you’ll be ready when an emergency develops. (You’ll also need to memorize the three-digit number on the back of the card as well). After all, no one usually knows when they’ll next need to have their car towed -- or handle some other unpleasant, expensive event.
If you believe that you’re a victim of any abusive debt collection practices, contact the Law Offices of Georgia consumer protection attorney Shane Smith so you can learn more about your rights under federal and state consumer protection statutes. Call (770) 487-8999 today to schedule your free initial consultation.