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Common Credit Card Myths Debunked

June 11, 2012 by Mikel Erdman

Although credit cards have been used since the 1960s, there are several untrue myths which still persist about them in society. Understanding the truth behind these common myths will help you to use your credit card more effectively. You Can Write “See ID” Rather Than Signing Your Name on the Back of the Card Many people have used this trick because they think that it makes their card more secure. Their logic is that the signature could be copied and used by fraudsters and that having the clerk check ID rather than looking at the signature will stop thieves from using their credit … [Read more...]

Filed Under: Personal Finance Tagged With: Credit Cards, Financial Protection, Fraud

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