What to Do When Your Cards Got Lost or Stolen?

When your wallet got stolen with your cards on it, think of these simple practical tips before your panic attack.

As much as we hate to, there are some cases when we accidentally loose our wallet with all our important things on it like money, credit card, debit card and IDs. Aside from money, we hate to loose our cards because the person who can get the card might use it purposely and before we take action on it, we’ll find ourselves indebted very badly.

Good thing that there are few tips that could help us during the times when our wallets got stolen or lost.

1. Call immediately to your credit card and bank hotline number and report the card missing. This would be the most important thing to do before the panic attack, it will save you from lots of unknown debts not made by you since the credit department will temporary cancel or freeze your account until you got the card back into your possession.
2. Ask an advice from the credit department on how to dispute fraudulent charges if ever one occur so you are not responsible for them.
3. Review your next billing statement very carefully and report discrepancies immediately.

Theft is rampant and thieves choose wisely, oftentimes they tail their victims and will do their dirty jobs when you least expected it. To prevent being a victim of these “heartless-jerks”, the government advice the people to carry less cards and at least only the cards you will be using for a certain period. Also keep your PIN numbers on a safe place and away from your wallets, as much as possible keep it in your mind (memorize it) so as not to let those thieves have it.

Credit Card – an Evil Fairy God Mother

I wrote this article a few months back and has think of publishing it on my own blog to share…

Credit Card – an Evil Fairy God Mother

Sometimes I wonder if credit cards are really a life saver or something that would drag us deeper into debts.
I wrote this article to share my life experiences and my opinion regarding credit cards.

My friend got me a copy of the movie “Confessions of a Shopaholic” and though I’m not a big fan of any chic-flick movie her convincing prowess urged me to watch it. The film was great anyway, though done in a comic way, the movie made its mark by emphasizing the lesson it wants to convey. The story’s about a woman who was addicted to shopping – as what the title boasts – making her swim to credit card debts. As later on been haunted by debt collector and with no money to pay yet she tried very hard to avoid the him telling her boss that he’s a bitter ex-boyfriend that’s harassing her only to be humiliated later on when the collector told the truth in front of many people while she’s doing a TV interview.

Come to think of it, this situation happened not only to the lady on the movie; most of us face this debt burden.

My husband and I also got this dilemma even before we got married; we both have debts of our own – credit cards. Well who doesn’t have? My husband got four cards and I have six, which sums up to ten monthly dues that we need to settle.


I don’t know what lures us to obtain those plastic money but perhaps it’s the magic of credit line- giving us full purchase power without shedding cash- that made us addicted to them.

Credit cards are burdens in disguise. I can still remember how my friend and I filled up form-after-forms to submit to different card companies and how we curse them whenever we received a letter stating the famous quote “we’re sorry but we can’t grant your application at this time for undisclosed reason however you may still reapply after six months etcetera…”. Does it ring a bell?

Now that we have finally got those elusive plastic money and been able to utilize its great spending power we secretly wish we haven’t pursued its application. Don’t get me wrong, credit card really has a lot of benefits when used wisely but on the wrong hands or wrong decisions we’ll end up being pestered by numerous telephone calls from debt collection agents.

I’m talking from experience, credit cards can be any girl’s best friends, it could be a life saver, a magician, a fairy god mother rolled into one, and oftentimes we tend to forget that no matter how great swiping those Burberry wallets and Gucci shoes or how cheap that Valentino bag because it’s on sale, our ever dearest plastic money has its due date and incurs a lot of hidden charges when not paid making us drown in their interests and penalties that multiply.

Been there, done that…cliché but true, I have learned my lesson, though I did not only use my card shopping for personal enjoyment but also for my family’s sake I can’t deny the fact that I also made numerous wrong decisions involving credit card which I’ve been trying hard to fix these days.

There’s nothing wrong with having or using a card, just don’t let it overpower you. Having a card that you could readily pull when situation got tight is good; you just have to use it with caution unless you want to be bankrupt because of its compounding interest rate.