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46 per cent of cardholders cannot identify all transactions on their monthly statements 18 per cent cannot identify over a fifth of their monthly transactions The average value of an unrecognised transaction is pounds 12.10 The average number of unidentified transactions per month is 1.62 61 per cent of people that can't identify all their transactions, say they would not investigate a transaction below the value of pounds 21 21 per cent think they have been a victim of fraud 24 per cent put unidentified transactions down to forgetfulness 21 per cent put * unidentified transactions down to cheques not stating the recipient 67 per cent think fraud will rise in a recession 12 per cent of Brits are checking their statements less because they are either worried about their balance in the current climate, are using cards less frequently, or simply can't be bothered
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Publication:Birmingham Mail (England)
Date:Apr 20, 2009
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