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March 2020

Payment by credit card on the Internet: how it is safe!

More and more people are buying and paying online with a credit card. So that there is no bad awakening, there are a few things to consider when using your credit card and the respective online shops. See http://www.triakel.com/pawn-car-and-other-ways-to-get-fast-money/ for further editorial

Security is very important when paying by credit card

Security is very important when paying by credit card

The credit card number is entered for payment, never the PIN. However, many online retailers ask for the three-digit card verification number, which is located on the back. This can ensure that the customer has the credit card.

In principle, your own computer should be regularly scanned for viruses so that the credit card data cannot be intercepted by a malware program when paying. It is also advisable to only pay with a credit card on a private computer, since the security of data on public computers can often not be guaranteed. When paying with a smartphone, you should also carry out a security check in advance. Theft of the credit card data can otherwise cost you dearly.

What should be considered with online shops and services?

What should be considered with online shops and services?

For websites that are not located in Germany, you should also exercise caution, because in other countries the legal situation is often very different from here. Various quality seals and customer reviews play an important role when choosing the online shop. You should also take a look at the legal notice and the general terms and conditions. This also enables you to find out whether the online shop is serious.

What should be considered in your own behavior?

What should be considered in your own behavior?

Never give out your credit card details via email or short message service. These could be so-called phishing e-mails, in which consumers are asked to transmit the credit card data.

You should delete such emails immediately. Online shops will never ask you for your credit card details by email. For security reasons, it is also not advisable to pass on your own credit card or PIN to friends or family members.

Another common mistake is to enter the PIN code on the Internet when paying by credit card. This is only required for verification for a payment in retail and at the ATM.

Is credit card payment secure?

Is credit card payment secure?

The credit card stands out from other payment methods thanks to its flexibility. If you take these tips into account, you can pay with a clear conscience on the Internet, because security is high for you as a consumer. With a credit card you usually have buyer protection , so that you can get your money back if the paid service was not provided by the online retailer.

The reasons for this are different, for example if your ordered goods were not delivered. In this case, you must contact the bank to describe the facts. Once the fraud has been proven, the money will be refunded to you.

Conclusion

Conclusion

With no other means of payment than with a credit card, you can pay so flexibly and quickly. If you follow the important security precautions, you shouldn’t have any problems with credit card payments on the Internet, but you can look forward to simple, convenient and secure shopping.

The most important information about your creditworthiness?

Low creditworthiness is one of the most common reasons for which people will meet in banks with loan refusals. So we know what effects it can have for us. Therefore, it is definitely worth expanding your knowledge of creditworthiness. Even if it seems to us that we will never take any credit, life can surprise us, and then it is better to be prepared for everything. Then what do you need to know about creditworthiness?

What exactly constitutes creditworthiness?

What exactly constitutes creditworthiness?

The expression “creditworthiness” is likely to be known and heard by many adults. However, most people have no idea what’s really behind it. Creditworthiness consists of factors such as:

  • amount of revenues
  • cost of living
  • other financial liabilities held
  • act
  • education
  • form of employment.

In addition, frequent submission of various credit inquiries may disadvantage our creditworthiness, especially if we receive a negative response.

The amount of income, cost of living, employment form and other financial liabilities are quite obvious factors. What about the rest? Age is important for the bank mainly in that usually its limits are used (eg 65 or 70 years). Education is not a very important factor, but the higher it is, the better – sometimes even this can prevail about whether the loan will be granted (especially in the case of long-term loans).

Low credit standing can be improved

Low creditworthiness does not mean that we have already lost and we will never be able to get a loan. Just as creditworthiness can decline, so can it increase. Both in completely obvious ways (for example, as a result of receiving a raise at work), but also in ways that we could not necessarily come up with alone.

If you want to increase your credit standing, see here. It will turn out that with a little effort it is possible, even in a bad situation.

Creditworthiness is not everything

Creditworthiness is not everything

Creditworthiness is undoubtedly extremely important, but even if it is high, it does not automatically mean that without any problems we will get the loan we want. We must not forget about something as important as credit history.

What is credit history? This is the story of our current and repaid liabilities, namely whether all installments were repaid on time and, if not, how late.

Having a negative credit history has a very bad effect on us – then we seem to be an unreliable and unreliable customer. Contrary to appearances, an empty credit history is also not good for a potential borrower. Therefore, be sure to check how to build a positive credit history.