***WARNING*** ***MISSING PURSE***

Our breath gets caught in our throat the moment we realize our very important purse is gone. Our purse contains many important items and they become even more valuable while we are outside of regular environment, when we are traveling for work or on vacation.

No one wants to be a victim in general and especially of identity theft. Identity theft can be extremely costly, time consuming, and very stressful!

On top of these significant issues we can also find that it is hard to replace what was in your wallet. Precious photos of loved ones, our driver’s license, that local coffee shop reward card we have been diligently working towards our free cup after purchasing 9 cups of java, to our social security card.

One major thing that you can do before a situation like this happens is review what you have in your purse and wallet today. Is each item necessary?

One thing I will tell you now is DON’T carry your Social Security Card in your wallet – EVER! So if you have this in your wallet, it’s time to pull that bad boy out and put it in a safe place, like your parent’s house or into a fireproof safe.

SO WHAT IN THE HECK DO YOU DO WHEN YOUR PURSE IS GONE?

Here are five steps to take once you confirm your purse is indeed gone –

  • Call the issuer(s) of your bank card, checkbook and credit card. The quicker you do this, the sooner your cards are cut off and limit someone from abusing your balances. To prepare yourself for this type of problem you should make a informational list with the company name, card number, customer service telephone number and keep a copy of this list at home in a safe and in a electronic format that you can access. Password lock the electronic format.
  • Setup fraud alerts with the national credit bureaus. This helps prevent the thief from taking out loans and store credit cards in your name.
  • File a police report, they may or may not be able to help but at least you did what you needed to do.
  • Call your health insurance company. There have been situations where the thief received healthcare using the insurance card. Just image months later you start receiving bills from a medical provider you have never seen….bills in your name for healthcare you didn’t receive. These are hard to deal with. When was the last time you had to deal with your insurance company? Just image the headache.
  • Check your credit report for unusual activity in the following months and report any issues.

If you don’t know how to review your credit report for free, check out this article out. (Article here)

While no one thinks something like this will happen to them, it does. So take the guidence from above and implement some of these time savings and smart actions before if/when you become a victim. Purse safety people, purse safety.