Credit Card Loss Protection – Unnecessary Debt Insurance?
If you’re like most Americans today, you probably have and use more than two credit cards. For most people, this is an unnecessary thing, but we all like to know that the credit is there if we need it. But having numerous cards can be a problem for many people, as it can mix balances up, create a potential for missed payments or even create the possibility of theft which can be huge if the card’s lost presence goes unnoticed. This is why carrying a single card can be a great thing. With one card, you always know where you are spending your money and how much. It also makes managing credit card debt a whole lot easier. Credit Card Theft – It Does Happen Each year, thousands of credit cards are stolen across North America, a trend that costs credit card companies millions of dollars. But, this cost is contained mainly by the pattern exhibited by most credit card thieves. The fact is, most credit card thieves will use the credit card as soon as possible, as time is critical. Once an incid
