What Would You Do If You Lost Your Wallet?

We’ve tried to help you be smart about what you carry in your wallet, but here’s another reminder. If you’re wallet were lost, what would you do? Who would you need to call? Whatever you decide, you better do it fast. Identity thieves know that they have to beat you to the punch if they’re going to get any value from your lost credit card or social security card.

“You’re in trouble if those documents fall into the hands of criminals,” said Diane Terry, director of the fraud victim assistance department at the TransUnion credit agency in Fullerton, Calif. “They act quickly, so you have to, too.” Much better to keep the good stuff (SSN, PINs, etc.) out of your wallet in the first place.

Author: Dave Nielsen

I started using computers in 1978 on the Apple II and was first online (using my “high-speed” 1200 baud modem) in 1989. I’ve managed web sites for several Fortune 500 companies and for internet start-ups. Working for one of those start-ups is what brought me into the world of credit. I was part of the the executive team that ran QSpace, the first company to offer credit reports over the internet.

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