One of the biggest headaches with credit cards is identity theft. Every year tons of consumers complain to credit card companies about fraudulent charges on their credit cards. Many times the issuer moves slow on the problem causing the consumer to have to take it a step higher to the federal government.
In order to avoid liability for fraudulent charges, be proactive about checking your account. Check for your balance often and sign up for spending alerts so you’ll know the moment a purchase has been made. If you act fast, you’ll normally be able to avoid the headache that can come from discovering it days later. Some companies give the option of daily alerts. There is also the option to be alerted every time a purchase is made. The sooner you know, the better it is for you.