You’ve emptied your pockets, retraced your steps, inspected every inch of your car and desk—but despite your best efforts, you’ve lost your wallet.
Perhaps it’s somewhere safe where you just didn’t think to look, or maybe some kind stranger will find it and return it to you intact. Hopefully your wallet will show up safe and sound, but you need to act now to ensure your identity isn’t compromised while your information is vulnerable.
Try to remember everything that was in your wallet
Even if you take quick and successful action to report lost cards and freeze accounts, there may have been other sources of important information in your wallet that you forgot about. These could include membership cards, medical insurance cards, work ID and access badges, and padlock keys. Any of these could contain valuable information or access that you wouldn’t want in someone else’s possession. If you let your guard down and believe you’ve solved your lost wallet problem, someone could still be using your information without your knowledge.
Put a Credit Freeze and Fraud Alert on your accounts
Call each of the three major credit agencies— Experian, Equifax, and Trans Union— and report the loss as soon as possible. A Fraud Alert will force any creditor to verify your identity before approving any new credit. This makes it extremely difficult for a thief to make large purchases or changes using your identity.
Trans Union: 1-800-680-7289
Report your credit, debit, and ATM cards as lost or stolen
Do not cancel your cards yet. That could begin a frustrating chain reaction that might haunt you for a long time, or wreak havoc on your credit. Instead, call the issuer of each of your cards to report them as lost/stolen, which is a much different process than closing the account. This will suspend the numbers associated with that card to protect your money. Make sure that they send you new cards with new account numbers as soon as possible. Keep the same credit limits as before, the same APR, and transfer any miles that you earned over to the new card.
Visit the DMV to have your driver’s license reissued
Losing your driver’s license can immobilize you and also be used by a criminal for identity theft or fraud. Have someone drive you to the DMV to report your missing license and have a new one issued. While there may be some fees associated with the process, this is an important step in moving on with life and returning things to normal.
iLOCK360 Lost Wallet Protection and Full-Service Identity Restoration
The median victim of identity theft spends 4 hours total restoring their identity, and 10% of victims spend 55 hours or more! Your life shouldn’t be placed on hold while you stress about your lost or stolen wallet.
Skip steps 1-4: In the event that your wallet is lost or stolen, iLOCK360 agents will make all the calls necessary to replace missing cards and ID’s: quick, easy, and less stress for you. Our Identity Restoration Specialists will work hard on your behalf to restore your identity, so you can get on with your life.