Final answer:
Credit card fraud is a serious problem that can cause economic and emotional harm.
Step-by-step explanation:
The central idea of the given options is: Credit card fraud is a serious problem that can cause economic and emotional harm.
Credit card fraud occurs when someone wrongfully acquires and uses a consumer's personal identification, credit, or account information without their permission. This illegal act can lead to significant financial losses and emotional distress for the victims. Thieves often exploit the stolen information to drain savings accounts and accumulate massive credit card debts, which can impact individuals and the economy as a whole.
An example of credit card fraud causing economic harm is when a thief uses stolen credit card information to make unauthorized purchases, resulting in financial loss for the credit card company and potentially affecting the victim's credit score. Additionally, credit card fraud can also cause emotional harm, such as anxiety and stress, as victims may face difficulties in resolving the fraudulent charges and repairing their damaged financial reputation.