I can’t remember an item on my credit card statement. What should I do?

Sometimes a person looks at his or her credit card statement and finds an unfamiliar transaction there. It could be for a significant amount of money or it could be for a small sum. Either way it should not be ignored.
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Retaining credit card statements

Credit card statements can often be simply thrown away or filed away. This is a mistake and they should both be read and retained.

Fraud protection measures rely on people reading their credit card statements.  The largest credit card providers offer a zero liability policy which means that a card holder does not have to pay for unauthorized or fraudulent transactions as long as the card holder tells the card provider in sufficient time.  This is a lot harder if it is only found out a couple of months later.
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