Is it Safe To Give Out My Credit Card's Security Code?

With identity theft being the number one consumer complaint for several years running, it begs the question of whether anyone is safe regardless if we give out our credit card’s security code.

“MasterCard started issuing in 1997 and Visa in the United States issued them by 2001. American Express started to use the CSC in 1999 in response to growing internet transactions.”

Electronic Pickpocketing

How Do We Protect Ourselves From High-Tech Hackers?

According to the Federal Reserve Bank of Boston, 72.1 percent of American consumers in the United States owned at least 1 credit card in 2012. Modern thieves can purchase powerful scanners for less than $100 that can wirelessly retrieve your credit card information from up to 25 feet away! If you’re not scared yet, for just $300 more, they can buy a device that replicates your credit card.

How Do I Destroy Old Credit Cards?

By now, most people know that they should keep their important papers safe and some ways to keep documents containing sensitive information from inadvertently falling into the wrong hands.

Shredding personal documents is almost always the way to go…and the bigger the pile of shredded material to add it to, the better. But what about credit cards, themselves?