What is LifeLock?

by: JedJenson
Total views: 5
Word Count: 532

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 of LifeLock is that LifeLock works to prevent identity theft. While most companies provide identity theft monitoring services, LifeLock's services are proactive 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.

An additional pro of LifeLock services is that LifeLock reduces the amount of pre-approved credit card offers that come in the mail and the number of telemarketing calls received. Phishing scams, or pretexting, are prime ways for identity thieves to steal your personal information, not to mention stealing identifying information from your mail box or trash can. LifeLock prevents identity theft by reducing the amount of access thieves have to your personal information.

The only con that LifeLock may be considered to have is that they do not perform daily scans of a member's credit report. LifeLock does pull credit reports annually and mails them to their members for review; however, some individuals may not think this occurs often enough. Keep in mind though, since LifeLock places fraud alerts on their members credit files, any unauthorized request for credit or loans will be discovered almost immediately.

Pro number four: With LifeLock's $1,000,000 total service guarantee, no one will lose time, energy, money and effort in fighting to restore their good name and repair their credit report. LifeLock guarantees that they will provide attorneys, investigators, accountants, case managers, etc. to restore your good name and, if you lose money as a result of the theft, they will reimburse you the amount lost.

When it comes to weighing the pros and cons of using LifeLock, the scales are tipped towards the pros. LifeLock offers some of the most comprehensive identity theft protection and prevention services available. Therefore, when deciding which identity theft protection company is right for you and your family, it is clear that LifeLock's identity theft protection services will certainly outweigh the competition.

About the Author

Jed Jenson is full of identity theft tips. To get more advice about how to prevent identity theft, keep reading.  

More Articles from: Personal Finance