What To Do If You Lose Your Wallet or Purse
Take these steps immediately:
1. File a police report. Your bank and credit reporting agencies will need a copy of this report and its case number. Make sure to explain to the police officer:
- When you first noticed your wallet missing;
- Where you think it was lost or stolen; and
- The types of currency and information that were in it.
2. Notify your bank.
- Provide a copy of the police report and case number.
- You may need to close your accounts and move your funds to new ones.
- Ask your bank to contact the major check verification companies. They need to notify stores not to accept any further checks from your account.
- Cancel your ATM. Get a new one and set it up with a new PIN.
3. Cancel all of your credit cards immediately. Your credit card companies will send you a new credit card with a new credit card number. They may also ask you about recent transactions to determine if they are yours.
4. Notify the three major credit reporting agencies:
- Equifax – 1-800-525-6285
- TransUnion – 1-800-680-7289
- Experian – 1-888-397-3742
For each of these agencies, ask for the fraud or security department. Ask them to put a fraud alert on your credit report.
5. A few weeks after the incident, get a free copy of your credit report to determine if fraudulent transactions have been made in your name.
Source: FDIC Money Smart Education Program