Yesterday I called one of my clients and she was in an absolute panic. She had lost her wallet and was on the phone trying to cancel all of her credit cards. If this has ever happened to you then you know the fear, stress and dread she was feeling.
Here is a quick tip that will help ease your mind and take some of the work and panic out of the process.
Go to your nearest copy machine today. Open up your wallet and copy the front and back side of everything in it. Put the copies in a safe place such as a locked file cabinet or safety deposit box. If you lose your wallet it won’t be fun but, you will be able to protect yourself quickly and rebuild the contents without losing sleep over what you may have forgotten.
If your wallet or purse is stolen or lost for an added measure of protection you can also do the following:
1. File a police report in the jurisdiction where your credit cards, etc were lost or stolen. This prove to the credit providers you were diligent, and this is a first stip toward an investigation if there is one.
2. Call the 3 national credit reporting organizatons to place a fraud alert on your name and also call the social security fraud line. Placing this alert means all creditors will have to contact you before they can authorize new credit.
a. Equifax: 1-800-525-6285
b. Experian (formerly TRW): 1-888-397-3742
c. Tran Union: 1-800-680-7289
d. Social Security Administration fraud line: 1-800-269-0271
I hope this never happens to you but, sooner or later it probably will. I have had a car stolen with my purse in it and my car broken into on vacation and my purse was stolen out of it. I’ve learned the hard way to never leave my purse in the car and I have a copy of my wallets content locked in a safe place just in case I drive off from a gas station pump and leave my wallet on top of the car like one of my employees did last week.