Identity Theft
February 29th, 2008 , 10:04 pm
Identity Theft and lifelock what this means to you the consumer. Lifelock protects you if you have been the victim of Identity Theft or fear that you may become a victim. Lifelock contacts the credit bureaus and has them set alerts for your personal information, which limits them to sell your information. This is something the credit bureaus didn’t want you to know about because they make money off of you by being able to sell your information. By placing alerts with the credit bureaus you will be protected in many ways. And the credit bureaus lose money because they can no longer sell your information without you being contacted and making sure you are the one that requested the information in question. For as little as ten dollars a month they can continue to work for you and make your identity safe from would be thief’s which gives you peace of mind knowing your information is secure and out of their reach. Basically what this means is that employees of the credit reporting bureaus have to take additional steps to verify a creditor’s credentials before divulging information contained in your records. What these alerts mean, lets say your wanting to get new credit or someone else tries to do something with your credit you will get a call from the bank asking you if you are indeed the person requesting the credit, if so then good, if not the the transaction stops right there. So let lifelock protect you and keep your identity safe from others.
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