What is LifeLock?
With so many different identity theft protection companies available to consumers, choosing the right company can be a heavy burden. However, falling victim to identity theft and having to spend countless hours to clear your good name can be an even heavier burden. When it comes to choosing an identity theft protection company, it is important to weigh the pros and cons of each provider before choosing a company that is right for you and your family. LifeLock, an identity theft protection company, has time and time again outweighed the competition when it comes to protecting its members against identity theft.
For example, one pro of using LifeLock for the entire family’s protection is that LifeLock offers child identity theft protection services. LifeLock is, at this time, the only company to offer credit checks and monitoring services for a member’s child who is under the age of 15. LifeLock recognizes the growing number of child identity thefts and is leading the market in providing this needed service.
Another pro to using LifeLock is that LifeLock works to prevent identity theft instead of merely protecting members from the possibility of becoming a victim of such theft. While most companies provide identity theft monitoring services, LifeLock’s services are “pro”active in preventing identity theft from occurring in the first place. LifeLock’s identity prevention services include detecting when a member’s address has been illegally changed in national databases through their TrueAddress services; placing fraud alerts on your credit files; and monitoring the internet for black market activity regarding the illegal use of credit card numbers and social security numbers through their eRecon services.
A further pro of using LifeLock services is that LifeLock reduces the amount of access thieves have to your personal information by stopping pre-approved credit card offers that come in the mail and curtailing the number of telemarketing calls received. Stealing identifying information from your mail box or trash is a popular way for identity thieves to steal your personal information, not to mention using Pretexting scams to gather your credit card information by phone. LifeLock not only prevents identity theft by reducing the amount of access thieves have to your personal information; they also reduce the amount of junk mail you receive. Who wouldn’t count that as a pro!
Con number One and Only: Although LifeLock pulls credit reports annually, which is a great safeguard against unauthorized issuing of credit or loans, they do not perform daily scans of a member’s credit report and only send credit reports annually. Other theft identity services send member’s their credit reports on a quarterly basis. In addition, LifeLock does not provide members with their FICA scores which give the member an idea of how they measure-up when it comes to their credit report. However, LifeLock does have plans to add this to their list of services in the near future.
Finally, one of the best pros of using LifeLock is their $1,000,000 total service guarantee. Because thieves will inevitably find “a way around the system,” there is really no way to ensure that one’s identity will not be stolen. However, LifeLock does ensure that, if an individual’s identity is stolen while they are a member of LifeLock, LifeLock will provide attorneys, investigators, accountants, case managers, etc. to restore the individual’s good name and credit. In addition, if the individual loses money as a result of the theft, LifeLock will reimburse the amount lost.
When it comes to weighing the pros and cons of using an identity theft protection company, the scales are tipped towards LifeLock. LifeLock offers some of the most comprehensive identity theft protection and prevention services available. When deciding which identity theft protection company is right for you and your family, it is clear that LifeLock’s identity theft protection services outweigh the competition.
Filed under: Security