The average identity theft victim spends hundreds of hours and thousands of dollars restoring their credit and good name. Identity theft has become a huge issue in the USA. According to research companies there have been over 210 million private records compromised in the last three years. Resulting in 10 million identity theft victims in 2007 alone. Fortunately there are now identity protection companies that are utilizing the placement of fraud alerts in your credit file to secure your finances and good name. The market leader in this field is LifeLok and though they have competition no one is close to signing up the number of customers they have
LifeLock places a fraud alert with each of the three credit bureaus and renews these fraud alerts every 90 days before they expire. A fraud alert requires creditors to call your cell phone which is placed in your credit file before approving credit to the requestor. If you requested the credit you simply approve it and if it was an identity thief you simply decline the transaction. This system has worked very well. LifeLock then orders your personal credit report from all three bureaus and delivers it to you. Lifelock also removes you from junk mail lists and stops the delivery of pre-approved credit offers which are a known source of identity theft. LifeLock also guarantees your good name and finances with a 1 million dollar service guarantee.
The advantage of LifeLock’s service is that it is proactive stopping identity theft before it happens. Compare this to credit monitoring which only informs you after the fact and leaves you with the exhausting task of clearing your good name.Identity theft protection from LifeLock is a great start to protect yourself and your family from this horrible crime.
To enroll in LifeLock you can either go to www.lifelock.com or call 1-877-lifeloc. I advise you visit IdentityTheftLabs.com first as you will learn how to save 17.5% off the advertised monthly rate each and every year you are a member. Also you will get 30 days free to see if it is the right service for you. They also have a Lifelock review that goes in to more details about LifeLock and their service. You will also find a lot of identity theft information, tips and protection ideas. I highly recommend you visit this site to further your knowledge of this important issue. Protect yourself with LifeLock and achieve the peace of mind that you deserve.