1. After Lending Your Credit
Card to a Friend or Relative
This one is one of the inevitable things we’ve just mentioned. Of course, we can’t refuse to help our loved ones just the same way they won’t hesitate to help us either with emotional or financial support. After all, that’s what families and friends are for.
However, you need to be aware that each time somebody else has your credit card, you’re eventually at a greater risk of credit card fraud. Not to say that your family member or friend will abuse your credit card, but they simply are more likely to be less careful while using your card than you would be.