Channel Button

There are 3 articles on this title. You are reading the article ranked and rated #2 by Helium's members.

Personal Finance   >

Personal Finance (Other)

Get a Widget for this title

Missing valuables to consider when your wallet is stolen

One of the most frightening notions for many people is having their wallet stolen. People carry many valuables in their wallets and in today's digital inspired world, most everything relating to identity or finances are stored on various cards.

This makes the items carried in today's wallets a very valuable commodity. Years ago it used to be people had to worry about just money being taken if a wallet was stolen, and at the time most thieves were primarily interested in stealing cash. That is no longer the case.

Today's more sophisticated and savvy thieves realize the value of the cards, documents and other necessities people carry in their wallets. Many of them will go to extravagant lengths in order to get the information contained in wallets.

If your wallet is stolen, there is a lot more than cash to worry about. In fact, while cash is valuable and it is a disappointment if it's taken, at least the damage stops at the limited amount of cash carried. It's the other missing valuables that are more of a concern because the damage done can be significant, far-reaching and can ruin a person both personally and financially.

Here are some valuable items in your wallet that thieves would love to get their hands on:

*Credit Cards

Credit cards are the gateway for thieves to buy to their heart's content. With the high credit lines many creditors are offering nowadays, for thieves to get their hands on even a handful of cards, they can do significant levels of damage.

The ease of using credit cards has also become problematic for people whose credit cards are lost or stolen. Since purchases can easily be made online and most stores only require a swipe with no signature check or ID verification, thieves can often make a lot of charges within the first several hours of the card being stolen.

*I.D. Cards

Identity theft is an attractive and lucrative endeavor for thieves, and the cards carried in your wallet are the gateway to assuming your identity.

Many ID cards list valuable information for thieves such as a social security number, address or other sensitive information that they can use to either gain more personal information, steal an identity or access bank accounts.

Using cards such as a driver's license, Military I.D., Employee I.D., or Student I.D., new credit can be established, attempted access to accounts, attempt to get a replacement social security card, or a host of other illicit activities.

Once an identity thief gets the information they need, they can


Below are the top articles rated and ranked by Helium members on:

Missing valuables to consider when your wallet is stolen

  • 1 of 3

    by Dawn Hawkins

    Unfortunately, there may come a time when you wallet seems to disappear from your pocket or purse. There are thieves around

    read more

  • 2 of 3

    by Leigh Goessl

    One of the most frightening notions for many people is having their wallet stolen. People carry many valuables in their wallets

    read more

  • 3 of 3

    by Starla Ingersol

    What would you do if your wallet was lost or stolen? To be more specific, do you even know what you are carrying in there?

    read more

Add your voice

Know something about Missing valuables to consider when your wallet is stolen?
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Should the Federal government contribute tax dollars to all 501(c)(3) charities?

Click for your side.

What is Helium? | Buy Web Content | Contact Us | Privacy | User agreement | DMCA | User Tools | Help | Community | Helium’s Official Blog | Link to Helium

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA