Losing your wallet can cause real debt problems

Consumers who are oblivious to the debt problems that can come about by losing your wallet should read a new report by MoneyExtra.

The group say the con-artists can obtain enough information from the average wallet to put a massive dent on an individuals finances.

Of all the information found in their research, the most staggering fact was that over a million of us in the UK keep old bank statements in our wallet which contain all of our banking information.