The first feeling is one of shock. Then you simply don’t know what to do. When your wallet or credit cards are stolen, it can be the start of a horrible nightmare. But it doesn’t necessarily have to be that way. There are five simple steps you can take to protect yourself, your finances, and your credit report.
After you have done major bank comparisons and settled on the bank that is right for you, open an account. There are several different types of accounts that you can open, such as savings, checking, loan, or cash deposit. It will simply depend on what your current needs are. When you open the account, there are a variety of different documents that the bank will ask for, such as your current driver’s license and your social security card replacement. If you are opening an account with a brick and mortar style bank you may need to actually visit a branch to complete your account; however, if you are opening an account with an online bank, all of the necessary forms will be online.
Keep your kid’s social security card(and yours too!) under lock and key in your house. Preferably, keep all private information in a file folder and store it in a fire-proof box. Keep the safe hidden in a closet. Anyone breaking into your house will most likely be looking for cash or small items they can fence easily. They will not be looking for documents.
If you have social security card replacement allergies to cats dogs or even dust you should bring your allergy medicine along with you on the plane. People tend to bring their animals along on flights. Even if the animal isn’t accompanying them on the trip, they still have pet dander on their clothes.
Tip: don’t provide your child’s school with his social security number. The school can, if they wish, generate a nine digit random number(as an example) to represent your child. It should raise a red flag if they insist on it; in this case, consider another school for your youngster.
So you will pay 160 bucks every month on the second highest card which will be like making two monthly payments instead of one. So, that account will be paid off in essentially half the time it would normally take! See how this works?
If you have very good credit, don’t settle for less than you deserve. If you are paying more than 12 – 15% interest on your credit cards, then you’re paying too much. Think about it. With the prime interest rate at 9 or 10%, lenders that charge 18% or more interest per year on credit card balances have their hands on your checkbook! You should be able to obtain a credit card rate for between 10% and 12%.
If you answered B to any of the questions above, you have some more soul searching to do. Take your time and don’t rush into anything. You do not necessarily have to change your name the minute after you are married – you can do it later. You want to be happy with your name. It is a part of you and you want to say it with joy and not cringe when you hear someone call you. If you change your name when you don’t really want to, it will be a daily source of frustration that could lead to more problems over time.