Just wondering if it's worth the expense or not?
Excellent question! I've been contemplating whether to subscribe to their services as well. Looking forward to hearing others' experience.....
Forget those types of services - instead, place a security freeze on your credit file with each of the three credit bureaus (Experian, Equifax, and TransUnion). Will cost you $10 (with each bureau) to place the freeze and $10 to lift it when you need to, but it absolutely prevents any type of identity theft on your credit files (i.e.; no one can open an account in your name while the freeze is in effect - not even you). This is the best preventative measure you can take - the credit monitoring services only notify you AFTER the fraud has occurred on your account; a freeze prevents it from ever happening in the first place! This is the best-kept secret in the credit industry, as the three major players want to you subscribe to their monthly monitoring service instead of placing the freeze. Just Google "security freeze" and the name of one of the credit bureaus for instructions on how to place/lift one. Just be sure to keep the PIN they provide when you place it, or you can't lift it when you need to.
BTW, the security freeze is free if you have been a victim of credit fraud or are over the age of 65.
Correct - thanks!
I've been considering doing a freeze as well, heard Clark Howard talking about it on the radio the other night.
I look at it the same as I do the "extended warranties". They are making money or they would not be offering the service. Therefore, the "average" person will pay more for the service than they receive in benefits.
In my opinion, be careful with your information and stay aware of your credit scores and financial information. If anything happens to me, I expect I will know about it fairly soon. The real problem is not that you are responsible for the debts incurred, but the time it takes to get everything cleared up. And I got plenty of time.
In my opinion, be careful with your information and stay aware of your credit scores and financial information. If anything happens to me, I expect I will know about it fairly soon. The real problem is not that you are responsible for the debts incurred, but the time it takes to get everything cleared up. And I got plenty of time.
I have it and it is well worth the money. They are REALLY on top of stuff.
What JB said. They are on top of it. I just upgraded. Cheap insurance in the grand scheme.
Boomerdog just said it best. In today's world of ever increasing identity theft, it is a great insurance policy.
