Tips to Prevent Wallet Theft
Today, most of men carry their valuable information, apart from cash, in their wallets. In fact, wallet theft has now become common. In other words, it is common for people to become victim of wallet theft that sometimes result in identity theft, thereby causing its real owners to pay huge amount money from his pocket. According to a recent study by credit card companies, more than 40% of identity theft occurring in the US is obtained through stolen wallets. The only way to overcome this situation is via being careful, and prevention is one of the best ways to surmount such distressing situations. Mentioned below are some vital tips that help you prevent wallet theft.
As the first step, never leave your wallet that contains in it cash and information, such as credit cards, debit cards, and social security number, unattended even for a moment. Likewise, lock your wallet in a safe place like file cabinet or drawer when you need to go around in your office or work place for several purposes. Further, be careful and conscious about your wallet while dining with your girl friend in a busy restaurant or when hanging out with friends or while walking along a busy city street. It would be better if you place your wallet in front pocket or coat pocket rather than keeping it in your back pocket while in the restaurant.
Special care also be taken regarding your wallet when you are in a busy airport or metro station, as all your valid information like passport and airfare or tickets will be in the wallet. Further, you must be careful while shopping in a bustling area.
If it is not necessary, never carry more money in your wallet. At the same time, keep some money in your home as well, as it may prove useful to you if you lose your ATM card. Similarly, it is advisable not to store more than one or two credit or debit cards in your wallet. In addition, maintain photocopy of front and back of all cards that you usually carry in your wallet. Also, never store the PIN details of debit card in your wallet.
It is also essential to store the phone numbers of bank as well as credit card companies in your mobile phone or personal file, and carry with you while traveling. In some instances, if you need to carry cards that contain in it your social security number, then take copies of it and black out the last digits on the copy in order to carry it in your wallet. At the same time, keep the originals in a safe place.
Prevent identity theft using the new technology wallet named iWallet, that is developed by the engineers of NASA using Blue tooth technology. This wallet is paired with selected PDA’s which produces sounds if the phone and wallet is over 15 -30 ft distance.
Leave a Comment