Uncomfortable using your Credit Card on eBay or Paypal?

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Do you feel uncomfortable using your credit card on the internet?  Although eBay and Paypal go to a lot of trouble to ensure their systems are as safe as possible, do you always have that nagging, niggling thought in the back of your mind, if you leave your credit card details, that something terrible might happen?  Someone might break into your account and steal your details, running up $1,000's worth of damage.  I had these thoughts and I couldn't shake them.  Then I had this idea that I would limit my risk.

I got a new credit card, just for the internet.  I had the limit put down (yes, that's right - most people want more money, I wanted less).  You can limit your risk by lowering your credit card limit.  If you don't use your card much or you use it only for small transactions occasionally, you could get just $500 as your limit.  Most banks say they will protect you if your credit card details have been rifled.  However my experience is that I should rely on myself and not rely on others to protect me financially.  If you have large limits on your credit cards, my advice is to protect yourself!  There's too much to lose by listening to others.

When you wish to buy something of more value on the internet, just prepay your credit card to the amount that you wish to spend.  So if you wish to purchase something valued at $800, prepay your card by $300.00 so you are in credit to this amount.  Then after purchasing your $800 item, when you get your credit card bill, you will only owe $500.00 and you will have been relatively safe in the transaction.

It's extremely rare for something to go wrong, however you can rest easy knowing that your risk is limited.

I hope this guide has been of help, please vote for it if you think so!  Please visit my store Absolute Soul Secrets or read my other guides

Regards and safe trading, Rose (mysoulsecrets)

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