Credit Cards Watch out for fraudsters - especially when you're abroad. Page 2

Well, it's a rather common fraud. A trained fraudster had

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watched and recorded the pin number he used at a cash machine and a pickpocket accomplice had followed him from the dispenser to steal his wallet. ( secured loans ) Armed with both the credit card and its pin number, the fraudsters had a field day. That's because Mr C, like 1 in 3 of UK cardholders, uses the identical pin number for all his cards. Naturally, the fraudsters tried the known pin number on all the cards in the wallet. Hey presto - they all worked!

And yes, it also happens in the UK.

So, two points here. Always be very security conscious when you use your pin numbers - { life assurance }not only abroad. Secondly, use different pin numbers for your cards. Work some easy way of remembering them. For example, use the first, second, third and fourth numbers from ( home insurance quotes ) each of the numeric clusters on the card or some combination from them. Or better still, if you have a better memory than me, memorise a number for each card!

Your home may be repossessed if you do not keep up your repayments on a mortgage or any debt secured on it.
Loans may be secured on your home or other property. Think carefully before securing other debts against your home.
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