Someone stole my purse, and it was a pain! They got about $100, but the biggest loss was my time. Reconstructing the contents of my wallet was a mind-boggling hassle.
Now I’m ready! You can be ready too!
1) MAKE A FILE.
Remove all the contents of your wallet or purse. Scan or photocopy ALL credit cards, driver’s licenses, passports, identification documents, store membership cards, and other important items. Be sure to copy BOTH SIDES, marking each item, so you can match fronts and backs. (If toll-free numbers are not listed on the item, write it on the copy.) File all copies together in a convenient, secure spot.
A) Credit cards
Most major credit card providers offer a protection service that covers theft and loss. The cardholder may be responsible for the first $50 of unauthorized expenditures. Here’s the catch: You have to report the loss of the card, and you have to have the toll-free numbers for doing just that.
B) Driver’s license, passport, ID, etc.
Re-filing for official documents is difficult and time-consuming. You have to have serial numbers and more. Plus, you have to have multiple IDs (listing your Social Security number, address, photo, and other information) to get new ones.
C) Store membership cards
Grocery stores, pet stores, garden stores, and others often register shoppers for discounts and check-cashing privileges. Losing these cards or tags can lead to delays at the checkout counters. Canceling and re-registering is easier, if you have the original numbers.
2) TRACK TRAVELER’S CHECKS.
Scan or copy the list of serial numbers, and place it in a secure place (far removed from your purse or wallet). Everyone knows these can be canceled and replaced, if you have the serial numbers. (Where are those serial numbers?)
3) FORGET CREDIT-CARD PROTECTION COMPANIES.
You have to register all your credit card numbers with them, for a fee. In case of loss or theft, they agree to notify all your card providers. Do you really want anyone to have a list of all your credit card information in one place?