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SCAM: Unauthorized Billings

Unauthorized Billings on Credit Cards and Accounts

Most of us actually set up accounts with creditors to have amounts automatically withdrawn from credit cards  and checking accounts. For those of us who are forgetful or hate to mess around with numbers, this is convenient. For the rest of us, it is sheer laziness. As convenient as it is, it can also be very very risky.

Many situations have occurred in which the companies increase monthly charges or introduce new charges without notifying their clients. You have to be very diligent when it comes to bills and credit card statements. Taking some time to carefully crosscheck statements against known expenses might be a bit inconvenient, but it will help you notice any discrepancies sooner, which might go a long way in successfully disputing those payments.

What this means is this: Whether you are just being lazy or hate numbers, you still have to pay attention to them. You cannot be too dilligent when it comes to your finances. So, if you have automatic billings set up, please make sure you pay attention to your statements.


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- Courses At Home

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