How to Cancel Unauthorized Purchases Quickly and Securely

Learn how to cancel unauthorized purchases and protect yourself from fraud effectively.

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Yes, you can cancel an unauthorized purchase. Contact your bank or card issuer immediately to report the unauthorized transaction. They will usually freeze the card to prevent further unauthorized use and investigate the matter. Additionally, most institutions offer fraud protection, so you may not be liable for the charges.

FAQs & Answers

  1. What steps should I take if I notice unauthorized charges? Contact your bank or card issuer immediately to report the unauthorized charges and request a freeze on your card.
  2. Am I liable for unauthorized purchases on my card? Most banks offer fraud protection, meaning you may not be liable for unauthorized transactions if reported promptly.
  3. How can I prevent unauthorized transactions in the future? Regularly monitor your account statements, enable transaction alerts, and use secure payment methods to reduce risks.

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For more tips on financial security and protecting yourself from fraud, check out our related videos on identity theft and safe online shopping practices.

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