Identity theft is a huge concern in the U.S.A.. Unfortunately, there are about 10,000,000 a year, costing our economy about $53 billion each year. Identity theft victims have to pay about $5 billion per year. It is time to start protecting yourself with an identity protection service. Services like LifeLock, TrustedID and Debix place and renew your fraud alerts every 90 days. They all provide you with your free annual 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 has some additional services such as TrueAddress, eRecon and WalletLock. There are many LifeLock reviews all over the place but most do not include in-depth information on all these products. WalletLock replaces your ID in the event you have your wallet stolen so you don’t have to spend your time filling out forms and making phone calls. ERecon scours illegal websites to insure that your personal data is not being traded illegally. ERecon scans for such things as your credit card numbers, Social Security number and drivers license. TrueAddress verifies that your address hasn’t been changed so that thieves can’t reroute your mail. LifeLock backs their product with a $1,000,000 service guarantee.
Trusted ID has a product called IDFreeze that scours illegal websites for your name, address, credit card and bank account numbers and your Social Security number and stops them from being sold illegally. TrustedId is the only identity protection service to offer you anti-spyware protection for three computers. Like LifeLock they also have a $1,000,000 service guarantee.
Debix has the best fraud alert system. Instead of putting your telephone number in your credit file Debix places their phone number. When a creditor calls this number, it is rerouted automatically to your work, home and cell phone. You can then accept or decline the credit request. If you disapprove the request you will automatically be connected to private investigator who can help you with your situation. Debix also includes a $25,000 insurance policy. Debix has the cheapest service charging only $24 per year. A family protection plan is also available at a discount.
The only other major difference between these services is that in the case of Trusted ID and Debix 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 from the horrible crime of identity theft is by employing an identity protection service. Who you choose is not the most important decision, what is important is that you start protecting your identity and credit now.
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