By : Mr Credit Card

Identity Theft Protection Services Reviews

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.
 

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.