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3 years ago

Everfi module 8 answers the best way to investigate fraudulent transactions on your credit card is to:

2 answers:

8 0

The best way to investigate fraudulent transactions on your credit card is to review your recent credit card statements.

Further Explanation:

Credit card:

A credit card can be used for the purchase of goods and services. Generally, a credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the amount which is borrowed along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.

Investigate fraudulent transactions on credit card:

The cardholder should order a credit card statement. The credit card statement is detailed information regarding the payment history, amount owed, types of credit used, new credits and length of credit history.

The credit card holder can review the credit card statement and analyze the transaction. The cardholder can examine the details of the suspicious transactions such as amount, receipt of the fund, and timing of the transaction to ensure that the transaction is authorized by him or not.

The credit card statement has detailed information about all the transactions. To investigate review your recent credit card statement.

Learn more:

1. Learn more about credit card

brainly.com/question/2668305

2. Learn more about credit utilization value

brainly.com/question/5955652

3. Learn more about trade-offs

brainly.com/question/5057443

Answer details:

Grade: Middle School

Subject: Banking

Chapter: Credit card

Keywords:

best way, investigate, farudalenttransactios, credit card review, line of credit, cardholder, credit card, detailed information, borrowed funds, credit card statemenrt.

olganol [36]3 years ago

4 0

The best way to investigate fraudulent transactions on your credit card is to call your bank to review recent transactions or review your recent credit card statements. By doing this, you are able to check and confirm that you or anyone authorized to make purchases is the only one who has making any transactions on the account.

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