Identity theft occurs when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.
The FTC estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may have experienced some form of identity theft.
The crime takes many forms. Identity thieves may rent an apartment, obtain a credit card, or establish a telephone account in your name. You may not find out about the theft until you review your credit report or a credit card statement and notice charges you didn’t make—or until you’re contacted by a debt collector.
Identity theft is serious. While some identity theft victims can resolve their problems quickly, others spend hundreds of dollars and many days repairing damage to their good name and credit record. Some consumers victimized by identity theft may lose out on job opportunities, or be denied loans for education, housing or cars because of negative information on their credit reports. In rare cases, they may even be arrested for crimes they did not commit.
Here at DebtConsolidationUpdates.com we’ve reviewed other identity protection services like LifeLock , LoudSiren (Debix) , TrustedID etc, and can fully recommend Identity Truth. It has all the services of the others and costs quite a bit less.
The only drawback we can see is that the coverage is significantly less that LifeLock but then again most of us don’t need a million dollars in protection anyway and the coverage that IdentityTruth provides is more than adequate.
For example , the total insurance coverage is $2 million for Identity Truth while other service offers $1 million insurance coverage. Moreover , in case of Identity Truth you are eligible for some other additional services like Expert recommendation and Identity restoration , monitoring of real estate and other utility companies [that will help you for foreclosure] , Full credit report , Individualized health score etc.
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To Your Financial Success
~Suze Fulton
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November 3rd, 2009 at 9:50 pm
You would think it would be in the best interests of banks to offer these services to their customers. But NO! Everything in the banking world is about fees.
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