Identity theft is creating a huge financial loss in the United States of America. Unfortunately, there are over 9 million victims costing our economy about $50,000,000 a year. Victims pay about $5 billion per year. It is time to start protecting yourself and your loved ones with an identity protection company. Companies like LifeLock, Trusted ID and Debix place and renew your fraud alerts every 90 days. They all order a three bureau credit report and remove you from pre-approved credit card offers and junk mail lists. After this you start to see some unique selling points for each company.
LifeLock includes other proprietary services such as TrueAddress, eRecon and WalletLock. There are many LifeLock reviews all over the internet but many do not include details about all these services. WalletLock replaces your ID if you lose your purse or wallet saving you the time it takes to call and order all the ID’s. ERecon patrols illegal websites to make sure that your personal information is not being traded illegally. ERecon patrols for your driver’s license, credit card numbers, social security number and email address. TrueAddress scans databases to verify that your address hasn’t been changed so that thieves can’t reroute your mail. LifeLock also has a $1 million insurance policy.
Trusted ID has a product called ID Freeze that patrols illegal websites for your information such as bank and credit card numbers, social security number, name and address and stops them from being sold illegally. TrustedId is the only identity theft service to provide you with anti-spyware and medical protection. Trusted Id also has a $1 million insurance policy.
Debix is unique due to there fraud alert system. Instead of placing your phone number in your credit file they use their number. When a creditor calls this number, it is rerouted automatically to your work, home and cell phone. You can then approve or disapprove the credit request. If you decline the credit request you will then be connected to private investigator who can help you with your situation calling authorities as appropriate. Debix also includes $25,000 of identity theft insurance. Debix has the cheapest service charging only $24 per year. A family protection plan is also available at a discount.
The only other thing to mention about these companies is that in the case of Debix and Trusted ID they only help you with restoring your identity and credit to pre-theft levels. LifeLock will restore your credit and identity with little work on your part.
The best way to protect yourself against identity theft is by utilizing an identity protection company. What service you choose is inconsequential compared to the fact that you need to start protecting your good name and money now.
