What to do if you lose your wallet.
Contact the Issuers of all Your Credit, Debit, and ATM Accounts.
Don’t Close the Cards!!!!! Just report them stolen. You will then get to keep the history of the account and still get a new credit card number. If you close the account you will lose all value you gain from a long credit history. The numbers for the four major card companies are as follows: MASTERCARD: 1-800-627-8372 (US) VISA: 1-800-VISA-911 (1-800-8472-911) AMEX: 1-800-528-4800 DISCOVER: 1-800-347-2683. If you have a bank or credit union credit card, call them as well. If checks were in your wallet, they can handle that accordingly. If any of those cards were used for automatic debits, you need to inform those companies ASAP. If you don’t update your payment information you will wind up with a late payment so don’t forget this important step.
Add a Fraud Alert or Credit Freeze on Your AccountsThis step will save your future don’t wait take this step now! Once you add a fraud alert any creditor will have to verify your identity before approving any new credit. This is usually done with a phone call to a number you put on file with the fraud alert. The problem is that you are relying on the credit grantor to stop the fraud. That is why I would tell you to go with the credit freeze. Trans Union: 800-680-7289 Experian: 888-397-3742 Equifax: 800-525-6285 Report the Theft to the police.
The reason for this step is to provide evidence in your favor should you become a victim of identity theft. If it happens, you don’t want to be explaining why you didn’t report the loss. Some information the police may ask you includes: Where and when you believe you lost your wallet, what was actually in the wallet (amount of money, credit cards etc.), A description of the wallet itself, If stolen, any suspects or a description of anyone suspicious. When you’ve finished filing the report, keep a copy for your records.
Go to Your Local DMV to Report Your Missing Driver’s License
Everyone I know keeps their driver’s license in their wallet or purse, and it’s something that can be used in identity theft and fraud. So you want to get in touch with your DMV as soon as possible to report the loss. Although you can call, it’s much better to have someone drive you there so that they can process your application quicker. They will then follow steps to reissue a license, which varies from state to state. You may be liable for fees as well.
The DMV will almost certainly ask you to file a police report, too, which is why step four is so important.
If lost Your Social Security Card. The Social Security Administration will not issue you a new number, so calling them won’t help with fraud and ID theft. You should take the following steps to reduce your risk of being an ID theft victim:
Call the IRS Identity Protection Unit at 1-800-908-4490
File the loss with the Federal Trade Commission at 1-877-ID-THEFT
Report the loss to the Internet Crime Complaint Center
Order Credit Reports
Every year, you are entitled to a free credit report from each of the three major credit bureaus, without any strings attached. The easiest way to obtain these is to visit the Annual Credit Report site. Then, take a close look at them to spot any possible fraudulent spending.