There were over 389,000 reports of credit card fraud to the Federal Trade Commission (FTC) in 2021. Globally, there were over $32 billion in losses. Sources: Federal Trade Commission and Nilson In 2021, the Federal Trade Commission (FTC) reported that there were 5.7 million reports related to consumer fraud, and credit card fraud was one... Read More

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. One of the valuable benefits of using a credit card is the ability to dispute credit card charges. Where people get confused is regarding the amount of time you have to dispute a credit card... Read More

Identity thieves are almost always opportunistic—but the crimes they commit feel very personal. Unauthorized credit card charges, bogus loan applications, missing money, and other financial violations make fraud a major nightmare. To keep fraud in check, you need to know how to check your credit report for identity theft, and how to deal with problems... Read More

Although the number of identity theft cases fell from 16.7 million in 2017 to 14.4 million in 2018, the number of people held financially liable in these cases and the amount of their losses increased, according to the Insurance Information Institute. These identity theft statistics show that identity theft is still a major concern and... Read More

423 cases per 100,000 resident for state with highest identity theft This post originally appeared on Finder.com. As the world continues to cope with COVID-19, America is seeing cases of identity theft soar to record highs. Of the 3.2 million reports to the FTC’s Consumer Sentinel Network Data Book in 2019, 20% — or 650,572... Read More

This post originally appeared on Finder.com. Americans fell victim to a reported $1.9 billion in fraud losses in 2019, with more than 270,000 cases reported specifically due to credit card fraud. American adults have seemingly had a consistent amount of credit card fraud victimization, according to a January 2021 survey from Finder. An estimated 15%... Read More