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Identity Theft Protection Services Reviews
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There are numerous identity theft protection services in the market today. In this section, we will highlight our recommended service and contrast all the services in an easy to understand table.
Best ID Theft Protection Service
Our recommended service for identity theft protection is LifeLock®. The key reason is the way they go about monitoring to detect the possibility of ID theft. Most traditional ID theft services rely simply on credit monitoring. However, credit monitoring is retroactive in the sense that your ID has already been stolen if an account has been opened under your name and reported to the credit bureaus.
The way LifeLock works is as follows: They have made agreements with businesses that give out a lot of credit lines, like Best Buy, Toyota Finance etc. If you are a customer, Lifelock will know if any account in your name, address or social security has been opened with these companies. They have also made an arrangement with the Post Office to get alerts if ID thieves try to redirect your mail (or one the techniques they use). They also monitor court records, driving licenses records and any public databases for potential ID theft possibilities.
Obviously, nothing is absolutely bullet proof because an account can always be opened with an obscure lender who does not even bother to verify the identity of the person opening the account. That is where LifeLock's $1 million guarantee and their team that helps you recover and investigate your ID theft situation comes in handy.
Identity Theft Protection Service Comparison
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Lifelock |
Trusted ID |
Identity Truth |
Identity Guard |
ID WatchDog |
Debix |
| Method of Detection |
Monitoring of Common Creditors
Monitoring of Address Change Request through Post Office
Public Database Monitoring (including internet black market sites) |
Credit MonitoringFraud AlertOptional Credit FreezeInternet and public database monitoring |
Credit MonitoringAssistance in putting Fraud AlertsInternet and public database monitoring |
Credit Monitoring |
Proprietary Searches Internet To Establish Baseline Record for your ID - to which to monitor against future changes or additional information that appears. |
Credit Monitoring - receives secured phone when new account is opened for verification |
| ID Theft Resolution |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Insurance/
Service Guarantee |
$1 Million |
$1 Million |
$1 Million |
$1 Million |
$1 Million |
$1 Million |
| Free Credit Report Assistance |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| Lost Wallet Protection |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| Mailing List Removal |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
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Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
Disclaimer 2: Though we may be affiliated with some credit card issuers, our credit cards reviews and the content on this site is written solely by us and are not influenced in any shape or form by any credit card issuers. In fact, any content here is copyrighted and cannot be reproduced elsewhere without permission. Though we make every attempt to make sure that our content is up to date. But please always check the terms and conditions for the most updated information since things like APR change fairly often.
*See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer. *See the online application for details.
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