Young, single credit card holders 'should watch out for fraud'
Credit card holders who are young and single and should be on their guard against credit card fraud, according to advice from consumer information service CreditExpert.
Young, single credit card holders 'should watch out for fraud'”
According to the service's research, identity fraudsters are targeting these people since their personal details are the most vulnerable.
Young people living in rented property in London and Glasgow are twice as likely to be identity fraud victims as the average person, because they tend to move home more regularly and do not redirect their mail such as credit card statements, CreditExpert said.
To tackle identity fraud, credit card holders should regularly monitor their credit reports, watch out for their mail and destroy documents which display personal details before throwing them in the bin, the service advised. Credit card holders should also be careful who they give personal information to.
Darryl Bowman, director of CreditExpert, said: "Criminals are switching their focus from the wealthy to people whose details they can get hold of more easily. Because of this, each one of us needs to be aware of the dangers of ID fraud and take stops to protect our identity".
Last week North Yorkshire police advised credit card holders not to give out their personal details over the phone. The warning followed an event where a homeowner lost several hundred pounds from their account after they gave their credit card details to someone who claimed to be from BT.
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