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 its 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

Checking the credit report is important because it can show if there are any unauthorized accounts or suspicious activity that may have affected the credit score. It can also reveal if there is any fraudulent activity going on with other financial accounts. Checking the computer's firewall and diversifying spending habits are also good practices, but checking the credit report should be a priority in this situation. Canceling the account altogether would be an extreme measure and may not necessarily solve the issue if there is another form of fraud.

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