Stolen Wallet What To Do-List Of Immediate Actions To Take

Wednesday, December 26th, 2012

Stolen Wallet What To Do-List Of Immediate Actions To Take

The question stolen wallet what to do is a common issue. The things that you do immediately after losing your wallet or having it stolen are very important.

If you do the right things right away, you can almost always diminish any problems that will arise from your information falling into the wrong hands.

The longer a crook has with your personal information, not to mention your credit cards, without you knowing it, the more damage they can do. So, the sooner you catch the situation and notify the right people the sooner you can stop the bleeding.

In this article I will go over some easy things that you should do as soon as you realize that your information has been compromised. Again, do these steps as quickly as you possibly can once you realize your wallet has been stolen.

Start here:

1. The first thing you need to do is to make sure all your credit and debit cards are canceled. This will be a slight inconvenience for a while, true, but there is nothing else that you can do. It will be even worse if someone racks up huge debt on your credit card.

There will be 24 hour access to your credit card company, usually a phone number. The numbers are usually on the back of the card, though that won’t do you any good if you have lost your card.

So, make sure you write down these numbers and keep them somewhere safe just in case this ever happens to you.

2. Next, you need to contact your bank. Let them know that your wallet has been lost or stolen. They will probably want to keep a close eye on your account.

One thing that crooks like to do is to add themselves to your account. They will pretend that they are an owner on your account so they can take all the money out of that account.

They may be able to use some of the information they find in your wallet to add themselves to your accounts. Let the bank know that your information is floating around out there somewhere.

3. Contact each of the three credit bureaus (TransUnion, Experian and Equifax) right away. They will need to know that someone has stolen your wallet and could possibly try to steal your identity.

If your wallet is stolen you can usually get a fraud alert placed on your accounts. This will make it a lot more difficult for anyone to use your information to open up some sort of credit, whether a loan or another credit card.

4. The last thing you need to do, but by no means any less important, is to file a police report. This too will help you establish a time line. That time line can come into play if there is any damage done to your credit or loans or credit cards taken out in your name.

This step will make it easier for you to prove that you really aren’t the one who did the spending.

Hopefully this information will help answer the question “stolen wallet what to do” if you ever find yourself in that situation.

Security For Digital Currency-Measures Are Extensive

Sunday, December 23rd, 2012

You have heard of it just recently and are intrigued by it but you need to find out a whole lot more about it before you can even think about moving your money. What kind of security for digital currency is out there?

For starters let me say that a lot of work has gone into perfecting the system of being able to buy units of gold or fiat currency to keep your money safer and more convenient to send and receive payments or make purchases.

The measures taken for security for digital currency are extensive.

1. All of your personal sensitive information is encrypted with a special encryption system so no one can possibly get at your money. Hackers will not be able to get into any accounts that you have.

2. Then, all of your accounts are password protected with a password only you know.

3. Next, you are either assigned a PIN or once you open your account you can come up with your own, again, one only you could possibly know.

4. Finally, there is an anti-keylogger feature that makes it impossible for others to figure out what you are doing online by figuring out which keys you strike the most on your home computer or your laptop.

I think most of us know that the Dollar bill is not worth near what it used to be and just does not go as far as it used to. This is referred to as inflation.

Well, did you know that if you put your money into an account that is backed by gold that is stored in vaults all over the world you can basically inflation and recession proof yourself? That’s right.

Gold is not susceptible to the same “rules” as the dollar bill and is considered to be inflation proof. If you and your money are inflation proof then you are also recession proof. The gold will always be there to back you up and never loses it’s worth.

Here is something else you need to know. Setting up an account is free to do. There are fees associated with buying the number of units of gold that you want but if you compare them to the fees you have to pay to a credit card company, or even a bank, you will see a major difference.

The fees are very affordable.

Since no government of banking system has any controlling interest in any of these companies your financial transactions are not recorded any where in the world. You can do what you want with your money without Uncle Sam having his nose in every bit of business that you do.

This is not just for businesses or big corporations either, anyone can get one of these accounts if they so choose. Making purchases or sending and receiving monetary gifts or payments can be done very securely over the Internet at any time, day or night.

Security for digital currency is extensive so you can feel the safest when putting all of your money into this type of system.

Government Imposed Medical Insurance-Hot Topic For All

Friday, December 21st, 2012

There is a huge debate about Government Imposed Medical Insurance. It has been a hot topic for a while now as the Obama administration is pushing to make health care mandatory for all citizens. Socialistic health care has been proven to work. Countries like Canada use socialistic health care with no real serious downsides.

One of the major points against using socialistic health care is that it degrades the quality of medical care and makes for massive wait times before you can actually get in to see the doctor. While I can not see the future nor predict how Americans could handle such a system, I can look to other countries and see how they work with such a system.

As I mentioned above, Canada uses a health care system like that and they do not have to wait for months before they can see a doctor. They either walk in or set up an appointment, much the same way we do it now. The only real difference is they do not have to pay thousands of dollars for the medical care they need.

Another complaint that is often raised is that it would hike up taxes by a great deal. While this is not entirely false, it is not as bad as people like to make it out to be. While Government Imposed Medical Insurance would of course raise all our taxes, the amount by which it needs to be raised does not actually have to be that much.

If we think about it in simple terms, there are millions of people living in the United States. If each person contributed a single dollar to health care, that would be millions of dollars. If you then multiply this by every month, you get a lot of money. Each individual would only be paying a single dollar, but in the end there would be plenty of money to cover medical expenses.

Now that of course is simply an example, as a single dollar a month likely would not be enough. But my point remains the same, you would not have to pay an arm and a leg to cover free health care. It would be a minor expense and then everyone would know they could go to the hospital if they need it, instead of worrying about how they would afford it.

Free health care has a lot of benefits to be sure, and other countries have proven it can work. But how it is implemented plays a huge role in whether it is good or not. If you look at the current situation with Obama’s Government Imposed Medical Insurance, that is not the right way to implement free health care.

That method actually costs way more then it needs to and imposes large expenses on people who probably can not afford it. That form of free health care is a prime example of how not to do it. So when people talk about free health care, just remember that it can work and it is a good idea, but it requires smart implementation to work properly.