Saturday, May 31, 2008
Experian has picked a fight with a company called Lifelock, alleging "credit laws do not provide for a third party to place fraud alerts on behalf of a consumer."
Funny they should say that because Lifelock only does it when another consumer has requested their services. If someone is in danger of some sort of identity theft why would any credit company want to thwart the efforts of keeping them safe?
CNN posted a video recently which discusses this top.
Lifelock is dealing with many different law suits right now because they are unable to secure their customers as promised because of the road blocks they are hitting fro other financial institutions.
Companies like LifeLock can help guard against only certain types of financial fraud by helping consumers set up alerts with credit bureaus, which inform them when someone tries to open a new line of credit or boost their credit limit.
I suppose it is only fair to tell both sides of the story which is what I am attempting to do. It is completely up to the consumer whether or not they wish to have a small amount of protection or none at all.
Funny they should say that because Lifelock only does it when another consumer has requested their services. If someone is in danger of some sort of identity theft why would any credit company want to thwart the efforts of keeping them safe?
CNN posted a video recently which discusses this top.
Lifelock is dealing with many different law suits right now because they are unable to secure their customers as promised because of the road blocks they are hitting fro other financial institutions.
Companies like LifeLock can help guard against only certain types of financial fraud by helping consumers set up alerts with credit bureaus, which inform them when someone tries to open a new line of credit or boost their credit limit.
I suppose it is only fair to tell both sides of the story which is what I am attempting to do. It is completely up to the consumer whether or not they wish to have a small amount of protection or none at all.
Labels: identity theft, lifelock
Monday, February 4, 2008
Over the past few months, Brian and I have both had trouble with our debit cards. We have both needed to have new cards sent out to us due to fraudulent activity. Let's face it, this is happening more and more frequently and across all types of people because we're living in a digital age. Which is why companies have been developing ways to keep your identity safe. Which leads me to discussing lifelock.
Think you don't need it? Well, spend three minutes taking the National Utility Services' (N.U.S.) 22-question quiz at their site, users' habits are analyzed to determine the likelihood you will become a victim of identity theft. I think you'll be surprised at the results. N.U.S. promotes the LifeLock fraud alert service, the industry leader in identity theft protection and prevention.
Founded in 2005, Lifelock is the leading company for the safe keeping of your name. "If anything happens while you're a LifeLock client, we're going to fix the problem using our experts and cover all losses and all expenses up to a million dollars," promises Todd Davis, LifeLock's CEO.
For only $10/month, they will protect your identity and personal information, guaranteeing protection of up to $1,000,000. To learn more, visit their website and browse their FAQ section.
Labels: finances, identity theft, lifelock
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