Credit Monitoring Articles
We recently had the chance to chat with Cortney Read, Communications Coordinator for Lifelock. Lifelock is the leading company offering identity theft protection. With identity theft and security breaches so prevalent in the news today, it is more important than ever to protect yourself. We asked Cortney how they protect their customer's data and what distinguishes them from the competition.
Q: LifeLock has quickly risen to the top spot in the identity theft protection field. What distinguishes your product from that of competing companies?
A: LifeLock takes a proactive approach to help protect consumers before they become victims ...
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Protecting your identity and credit is absolutely critical, as nearly 25,000 people daily become victims of identity theft. People are losing their personal and financial information at alarming rates all over the country. According to Garter Research, the number of identity theft victims in 2006 has increased by 50% since the FTC reported 9.9 million in 2003.
In addition, the financial damages done to an ID theft victim are enormous. On average, thieves commit $5,700 in fraud per identity theft victim, and victims spend about 40 hours to clear their name, both through phone calls, filling out ...
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There are three major credit bureaus in North America: Equifax, TransUnion and Experian. When a creditor requests your credit report, he has one of three choices to request it from. If you have single bureau monitoring, and the creditor requests your information from another bureau, you will not be notified. With 3-in-1 monitoring, you will be notified, because your monitoring service is keeping track of your credit from all three bureaus.
Single Bureau Monitoring
Each credit bureau has their own monitoring service, and they will notify you if somebody requests your credit file from the bureau you are with. Because ...
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