fraud insurance impasct

Wednesday, consumer watchdog-Which? found that 48% of people use the same PIN for more than one card. Which? revealed that a majority of credit card consumers fail to check that a website is secure before shopping online while a number of them use their mother’s maiden name as a password. But worryingly, the poll results from the consumer watchdog further show that one in seven Brits write down their credit card PINs and passwords. Martyn Hocking, editor of Which? Money, said: “There’s a lot more people can do to prevent fraud occurring.“Shredding documents and checking your bank statements are a good start, but people need to be wise to basic fraud risks such as using their mother’s maiden name as a password, or shopping on websites that aren’t secure.“By taking a few basic precautions, people can significantly reduce the risk of fraud - without buying unnecessary insurance.” But with teenagers expecting to take out credit cards upon becoming adults, this could mean that the number of reckless credit card users will be on the rise, a possible indicator that market could be headed for a difficult future. northampton insurance california homeowners insurance ratings insurance mount vernon iowa best way to market life insurance