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Credit card users warned of identity fraud risks
According to CreditExpert, there has been "a significant rise" in the number of fraudsters making applications for credit cards, loans, automotive finance and mortgages using other people's identities since the start of the year.
In the first three months of the year, there were said to be 11.91 cases of fraud per 10,000 applications, however this had risen to 13.37 cases by Q3.
Darryl Bowman from CreditExpert described the surge in cases of identity fraud as "very worrying".
He added: "As we get wiser to protecting ourselves from fraud, it's clear that criminals are working even harder to steal our personal details so they can apply for credit.
"Missing post, unexpected phone calls and strange emails are signs we look out for and know suggest potentially fraudulent activity."
CIFAS communications manager Richard Hurley recently suggested that there is little point obtaining the best credit card deals unless consumers are able to keep their banking information secure.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2009-12-04 14:04:05 © Moneyextra.com
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