What to Do When You Have Lost Your Wallet, Credit Cards or Laptop!

This is from an older post that I wrote years ago with some new updates.

Read this and make a copy for your files in case you need to refer to it someday.

A corporate attorney sent the following out to the employees in his company:

 1. Do not sign the back of your credit cards. Instead, put 'PHOTO ID REQUIRED.' 

 2. When you are writing checks to pay on your credit card accounts,  DO  NOT put the complete account number on the 'For' line. Instead, just put the last four numbers. The credit card company knows the rest of the number, and anyone who might be handling your check as it passes through all the check processing channels won't have access to it.

 3. Put your work phone # on your checks instead of your home phone. If you have a PO Box use that instead of your home address. If you do not have a PO Box, use your work address. Never have your  SS# printed  on your checks. (DUH!) You can add it if it is necessary. But if you have it printed, anyone can get it.

 4. Place the contents of your wallet on a photocopy machine.  Do both sides of each license, credit card, etc. You will know what you had in your wallet and all of the account numbers and phone numbers to call and cancel.... Keep the photocopy in a safe place.  I also carry a photocopy of my passport when I travel either here or abroad.

We've all heard horror stories about fraud that's committed on us in stealing a name, address, Social Security number, credit cards.

Unfortunately, I, an attorney, have first hand knowledge because my wallet was stolen last month... Within a week, the thieves ordered an expensive monthly cell phone package, applied for a VISA credit card, had a credit line approved to buy a Gateway computer, received a PIN number from DMV to change my driving record information online, and more. 

But here's some critical information to limit the damage in case this happens to you or someone you know:

 5. We have been told we should cancel your credit cards immediately.   But the key is having the toll free numbers and your card numbers handy so you know whom to call. Keep those where you can find them.

 6.  File a police report immediately in the jurisdiction where your credit cards, etc., were stolen. This proves to credit providers you were diligent, and this is a first step toward an investigation (if there ever is one).

 But here's what is perhaps most important of all: (I never even thought to do this.) 

7. Call  the three national credit reporting organizations immediately to place a fraud alert on your name and also call the Social Security fraud line number. I had never heard of doing that until advised by a bank that called to tell me an application for credit was made over the internet in my name. 

 The alert means any company that checks your credit knows your information was stolen, and they have to contact you by phone to authorize new credit.

By the time I was advised to do this, almost two weeks after the theft, all the damage had been done. There are records of all the credit checks initiated by the thieves' purchases, none of which I knew about before placing the alert. Since then, no additional damage has been done, and the thieves threw my wallet away this weekend (someone turned it in). It seems to have stopped them dead in their tracks..

 Now, here are the numbers you always need to contact about your wallet, if it has been stolen:

 1.) Equifax: 1-800-525-6285 

 2.) Experian (formerly TRW): 1-888-397-3742                

 3.) Trans Union : 1-800-680 7288

 4.) Social Security Administration (fraud line):  1-800-269-0271

 We pass along jokes on the Internet; we pass along just about everything...How about something useful as well?  If you are willing to pass this information along, it could really help someone whom you care about.

 

 

 

The information contained in this blog is believed to be true and correct and while every effort is made to ensure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about its accuracy for any particular purpose. All information is copy written and the property of Suzanne McLaughlin.. 

For more information about real estate values in your area, give me a call or email me at 763-497-1870 or mclaughlinhomes@gmail.com  

Suzanne McLaughlin

Sabinske & Associates, Inc.    

When you need to buy or sell in St. Michael or Albertville Minnesota, or anywhere in Wright County, Sherburne County or Anoka County or Hennepin County, give me a call!