Question

If your credit card is lost or stolen, what is the first action you should take?

a.Contact the Better Business Bureau.
b.Write the card issuer a certified letter reporting the card lost or stolen.
c. Call the card issuer to report the card lost or stolen.
d.Call merchants to cancel your most recent purchases.

Answer 1

The first action you should take if your credit card is lost or stolen is to call the card issuer to report the card lost or stolen.

Step-by-step explanation:

The first action you should take if your credit card is lost or stolen is to call the card issuer to report the card lost or stolen. This is important because by contacting the card issuer, you can prevent any unauthorized purchases or transactions from being made on your card. The card issuer will then cancel the card and issue you a new one to protect your account.