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7 Things You Should Do ASAP If Your Wallet Is Lost or Stolen

Don't panic just yet – you can avoid identity theft by taking the right steps.

2. Close your debit and credit cards
2. Close your debit and credit cards
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Any lost credit or debit accounts should be closed as soon as possible. Start with debit, which can be even more devastating than having a credit card stolen. “The money is coming right out of your bank account, whereas credit is a credit card company’s money,” Siciliano says.


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