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You’ve enjoyed a great day out – shopping, grabbing a coffee with friends, maybe a quick stop at the park to walk the dog. But then as you walk into the house, you have a sudden panicked feeling … Where is your cellphone?
According to a recent study by Lookout Labs, $30 billion worth of cellphones and mobile devices were lost in 2011. That’s a lot of hardware that ends up somewhere, possibly in the wrong hands.
Life gets complicated when you lose your phone or if it’s stolen: All of your contacts, your calendar appointments and many of your photos. It’s a central hub of communication and entertainment in your life.
It’s also a central hub of finance in your life and if your phone was stolen, the thief could do a lot of harm to your credit score. Here are just a few ways your phone can put your credit at risk:
While all of this is convenient, it’s also a lot of information about you that could potentially destroy your credit if someone got hold of it.
These aren’t all fool-proof methods of security but together they provide a pretty good layer of protection in case your phone goes missing.
Image: iStockphoto
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