The reality of life is that identity thieves are becoming more and more creative when it comes to stealing your life. You can’t open a newspaper, read a magazine, or turn on the TV and not read at some point how people have had their lives literally stolen away from them by many unscrupulous identity thieves. As this problem continues to grow it is becoming increasingly necessary for many people to seek out some sort of ID theft protection.
A National Problem
As the information age continues to march on, the field of information crime seems to expand with it. It has become such a major financial problem across the country that some have considered it to be a financial epidemic. Billions of dollars are lost every year as a result of identities being stolen. You may be wondering then if it is worth it to spend the few extra dollars a month for ID protection. Here are some of the services they offer based on the fees that you may have to pay.
By law, everyone is entitled to a free credit report every year. You can also get a free copy if you’ve been denied credit or if you have been found to be a victim of identity theft. These reports come from the three top credit reporting agencies and can be very helpful in letting you determine if you have been targeted. They can also offer some level of free monitoring but it may be very limited.
For a Nominal Fee
If the free market options do not offer you adequate protection then your next group of services includes a number of low fee options. For $5 – $20 a month, you can expect to get monitoring services that provide red flag alerts whenever changes occur in your report. These may come in the form of an email or a phone call to tell you about the suspicious activity. Once you receive this type of notice, it will be up to you to determine if the threat is real or not and take the necessary steps to correct it. They may also include online tools to help you improve your present credit rating. Some of these services include special security software along with public records searches as well.
For just a little bit more money each month, you can take advantage of ID theft services that also include fraud alerts. By placing a temporary fraud alert on your account it then requires lenders to verify your identity and authorization before issuing any new credit in your name. The verification process could include answering questions that only you should know, providing proper identification or responding to the request by mail.
At the top of the line, you’ll find additional services that include recovery assistance for those who have already fallen victim to some sort of Identity Guard ID theft. These could include assistance in reporting lost or stolen credit cards, replacement of personal identification or even insurance to cover the losses that may be incurred as a result of being an identity theft victim.
Promo Codes to Save Big on Lifelock ID Protection
Finding the right ID theft protection for your particular needs will require that you evaluate the many different offers and compare them to your personal circumstances.