How LifeLock Protects Your Identity

As a LifeLock member, what type of protection can you expect?

1) Million Dollar Service Guarantee

Upon enrollment you are covered by LifeLock’s $1 million service guarantee.   If your identity is stolen and damages occure while you are a member of LifeLock, they will pay up to a million dollars to help get your identity theft problem cleaned up.

2) Fraud Alerts Set with All Three Credit Bureaus

From the time you signup and every 3 months thereafter, a fraud alert is placed with all three credit reporting bureau, TransUnion, Equifax, and Experian as well as Check Systems in your name.  With a fraud alert in place on your account, any time someone applies for credit in your name, they have to contact you before it can be approved.  If it is you, and your approve it, the transaction goes on as normal.  If you don’t approve the transaction or they can’t reach you, the credit application is stopped dead in its tracks.

This means identity thieves can’t use your information to apply for credit in your name.

3) Junk Mail List Removal

Statistics show, that junk mail is one of the most common way thieves robbed your identity.  LifeLock puts a stop to that.  From the time you signup, LifeLock gets your name removed from all the junk email lists.

4) Stops Pre-approved Credit Offers

Like annoying junk mail, LifeLock puts a stop to pre-approved credit card offers.  Again reducing the ways identity thieves can steal your personal information.

5) Stolen Wallet Support

If your wallet is lost or stolen, just call our LifeLock and a Wallet LockSpecialist and will help you in contacting you credit card institutions, banks and other document issuing companies to cancel the accounts and complete all paperwork to replace all lost documents. All for free!

6) Active Monitoring

Lifelock also alerts you for potential threats.  They do searches on known criminal website that may sell your social security number, credit card account numbers, driver’s license, and email address.  They also activly monitor your address informtation.  If a new address cames up under your name in the nationwide address database they alert you to the fact.

All this Protection, for a Nominal Fee

All of this protection comes for a minor price of $9.95 a month.  So stop identity theft before it happens. Get LifeLock to guarantee your good name today.

Proactive Identity Protection

LifeLock is a personal identity and fraud prevention company.  Unlike other identity protection companies that only alert you after your credit has been ruined, Lifelock stops identity theft cold by not allowing identity thieves to register for credit in your name.

Lifelock, based in Tempe, Arizona, was founded in 2005 it now servers millions of customers across the United States.  The guys at Lifelock are so sure of their service that CEO Todd Davis prominently displays his Social Security Number in their ads and during interviews as proof that their system works.

So what do you do?

1 -> Don’t be reactive.  Be proactive.  When a credit monitoring company contacts you, it is already to late.  Your identity has been stolen and damage has already been caused.   What you need is a proactive solution.

Enter LifeLock

Identity Theft and Identity Fraud

Identity theft has turned into the new crime of the century.   The sad thing is that it is fairly easy.  Identity fraud happens when a criminal  gets hold of someone’s personal data.   They then begin acting as that person; registering credit cards, applying for loans and more to profit at the cost of the victim.  In a very short time an identity thief can cause significant permanent financial damage to their victim; ruining their credit score and racking up huge piles of debt.

Unfortunately these types of crimes can be committed unnoticed.  The victim usually finds out after the fact when creditors start chasing them down for delinquent payments or when the victim applies for a loan of their own.

There are several ways an identity thief can obtain your personal information:

1. Your trash:  Bills, bank statements, pre-approved credit card offers all contain plenty of information to steal someone’s identity
2. Skimming: The thief picks up debit card or credit card numbers during another transaction.  Usually at a store or restaurant.
3. Phishing: This is an internet based deception.  A fake site acts a real financial institution to get you to enter you personal information.  This commonly happens via email, when a fake email will ask you to login to your bank account and update your personal information.
4. Theft: Stealing your mail, wallet, purse, tax forms and more.  This is like gold mining for identity thieves.
5. Social Engineering:  This is where someone poses as a phone company, bank or institution representative in order to coax information directly from the victim.  It sounds absurd, but who would doubt the person who calls up from your bank to make sure you account is up to date.

Child Identity Theft

It’s sad, but identity theft has even started affecting children. The biggest problem is that most people don’t even realize that child identity theft is a possible problem, but in truth, it is sometimes easier to steal a child’s identity than an adults.

While most adults know about credit reports and credit scores and how to check them, children do not. Most people have never considered that you would / should check a child’s credit standing. That gives identity thieves a prime target. They can steal a young persons identity and commit years of theft before anyone knows what is going on.

This is something everyone needs to be aware of.

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Lifelock offers child identity theft protection for a minor $2.50 a month, an insanely cheap price to pay for protecting your childs identity.

The Life Lock Million Dollar Guarantee

How do you know your identity is secure with Life Lock?  They guarantee it!

Life Lock is so sure that their service works, that they back it up with a million dollar service guarantee.  If your identity is compromised while using their service, and damages occur, Life Lock will pay up to a million dollars to help you get your identity theft problem cleaned up.

From Life Lock

“If you are our member when someone accesses your personal identifying information and subsequently uses it without your authorization to commit a fraud, due to a failure or defect in our Service, … we will pay professionals to assist in restoring any such loss or recover such expenses”.

Now that’s a service worth having!