Andy Blake got a call yesterday from Planet Bank, the company that issued his credit card inquiring about an $85.00 charge made in Caracas, Venezuela. Upon learning that Andy had not made this purchase, the bank quickly took steps to cancel the card and issue a new one. Given the circumstances that Andy's credit card number had an illegal transaction, Andy may also want to:
A) check his computer's firewall to make sure it's working.
B) cancel his account with Planet Bank, altogether and eliminate credit cards from his life.
C) check his credit report.
D) diversify his spending habits by using one of several credit cards when making purchases.

Question

Quizplus · Accepted Answer

Andy should check his credit report to make sure that no other unauthorized transactions have taken place and to ensure that his credit score has not been negatively impacted. Checking his computer's firewall and diversifying his spending habits are also good practices, but they may not necessarily address the specific issue at hand. Cancelling his account with Planet Bank altogether may be an extreme measure and may not be necessary if the bank has taken adequate steps to address the fraudulent charge.

Andy Blake Got a Call Yesterday from Planet Bank, the Company