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Credit card companies may suspend use of your card if they were not given advanced notice on overseas travel.TrueFalse

Question

Credit card companies may suspend use of your card if they were not given advanced notice on overseas travel.

True/False

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Solution

Credit card companies may suspend use of your card if they were not given advanced notice on overseas travel.

Step 1: Read the statement carefully. The statement is asking whether it is true or false that credit card companies may suspend the use of your card if they were not informed in advance about your overseas travel.

Step 2: Consider the information you know about credit card companies and their policies. Some credit card companies have security measures in place to protect against fraudulent transactions. One of these measures may involve monitoring and suspending card activity if it appears to be suspicious or outside of the cardholder's usual spending patterns.

Step 3: Analyze the statement. Based on the information provided, it is possible that credit card companies may suspend the use of your card if they were not given advanced notice of your overseas travel. This is because using your card in a foreign country may be seen as unusual activity and could trigger a security alert.

Step 4: Determine your answer. In this case, the statement is true. Credit card companies may indeed suspend the use of your card if they were not informed in advance about your overseas travel.

Step 5: Provide your answer. The answer to the statement is true. Credit card companies may suspend the use of your card if they were not given advanced notice on overseas travel.

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