58% vs 48%: Women More Worried About Credit Card Fraud than Men, Says Survey

Women are more likely to be worried about credit card fraud than men, according to a new CreditDonkey.com survey.

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Los Angeles, CA (PRWEB) October 30, 2012

58% of female respondents worry about credit fraud, according to a survey by credit card comparison website CreditDonkey.com. In comparison, less than half of male respondents (48%) are concerned about credit fraud.

While most (66.1%) have never been a victim of credit card, more than half of women are afraid it could happen to them, according to the new survey.

Highlights:

  •     35% of all the respondents check their credit card statements weekly for questionable charges while 9% check daily.
  •     13.1% of respondents simply look at the balance and pay.
  •     53.8% of respondents said a credit card company has stopped credit fraud from affecting them in some way.

To read the full survey findings, visit http://www.creditdonkey.com/women-worried-fraud.html.
CreditDonkey.com polled more than 1,100 respondents between September 17 and September 25, 2012.

"Credit card companies routinely track purchases and flag accounts with suspicious activity," says Charles Tran, founder of CreditDonkey.com. "In most cases, the Fair Credit Billing Act limits a cardholder's responsibility for unauthorized charges to a credit card to only $50."

To read a related survey on credit card rights, visit http://www.creditdonkey.com/rights-survey.html.

CreditDonkey.com frequently provides information on the credit issues, news, and trends facing Americans through proprietary market research and analysis. Visit our newsroom at http://www.creditdonkey.com/news.html to stay informed with credit card news, deals, reviews, and tips from CreditDonkey.com.


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