As a matter of fact, nobody knows fully when it comes to Credit Card Charges. At times, you are taken aback to know about an offbeat charge. In this article, I’m going to tell you about one such case called P1 Fitch Charge on Credit Card. In case you are interested in knowing more about it, stay around to know.Â
Over a period of time, the financial services have seen a huge transformation. A number of unique services are added to the space owing to which the management of finances has become easier, efficient, and convenient as well. However, using these services demands a bit of extra care to avoid losses.Â
What is the P1 Fitch charge on Credit Card? Let us dive in to know the answer to this question. Stay tuned to know.
Is P1 Fitch Charge on Credit Card Legit?
If you have subscribed to Fitch Ratings, a USA-based company that provides financial services to its clients, the charges in the form of Fitch Charge on Credit Card will appear in your Credit Card statement. This charge prima facie is a legit and authentic charge.
Having said that, it is important to mention that not all charges on Credit Card are legitimate and authentic, therefore it is necessary to verify the charges by adopting some simple methods of identifying the charges
Also, read What is the HGB TRS TRR Charge on Debit Card?
How to Identify the P1 Fitch Charge on Credit Card?
There are multiple ways that you can try to identify credit card charges. Here are some of the ways that you can try.
1. Review Your Credit Card Statement
Review your Credit card statements. Thoroughly check the credit card charges. You might get a clue about the charge. It might include the full name of the company that could be different from P1 Fitch. You can look for some keywords that will help you to recognize them.Â
2. Check Your email
Sometimes, you might receive an email notification from the merchant around the time you made the purchase. This can jog your memory and help you identify the charges. It is therefore advisable to check your email to get a clue about the said charge.
3. Contact Your Bank
If you fail to get any information or clue about P1 Fitch charge on your credit card, the last option you are left with is to contact your bank and ask them to provide the information about the charge. They will provide you the details about the transaction, which in a sense will help you identify as to what it stands for.Â
What to do if the Charge is Unauthorized?
In case, you fail to identify the charge and wonder what to do next. You have to make a case out of this unauthorized charge. Here are some of the steps that you must take in such a situation.
1. Report the Fraudulent Charge
Report the fraudulent charge by informing the customer service representative about the unauthorized charge. They will ask you the detailed information such as the date, amount, and merchant name of P1 Fitch. Keep this information ready.Â
2. Block Your Card
In case, you think that your Credit Card information has been compromised and can be used overtly by someone else. It is advisable to block your card so that it can not be used to make any payment in the future. You can contact your card provider for the same. You can even apply for a new one with different card details.Â
3. Contact the Credit Card Issuer
Contact your Credit Card provider and inform them about the unauthorized charges. Most of the Credit Card companies have a team of professionals dealing with Credit Card related issues. You can present your case to them. They will guide you through in resolving the issue.
Also, read What is the West Town Bank Trust Charge on Credit Card?
Wrapping Up
It has come to the fore that P1 Fitch Charge on Credit Card can be connected to the Fitch Rating company. The charges are authorized if you have opted for the services from the Fitch company. However, it is important to cross the charges and identify them by using the methods mentioned above. In case, the transactions are not legit, you can claim for the chargeback. You can refer to this article to know more about it.
Nyra handles business research, writing financial documents, news items, articles, and study materials about finances.