Lifelock Fraud Alert Review

Lifelock will place a fraud alert on your credit profile at all three credit bureaus: Equifax, Experian and Transunion. A fraud alert will put your credit profile in lock down mode. No one will be able to open new accounts in your name without your being notified. Any potential credit grantors will be notified that they must verify your identification before extending credit in your name in case someone is using your identity without your knowledge.

Can you put a fraud alert on your credit profile yourself? Sure you can, you have to renew them every three months to remain protected. Credit reports should be ordered at least every year. Taking your name off phone and mail lists also has to be done annually. 

For a comparable fee, lots of other companies will place a fraud alert or order a credit report, from the credit reporting companies. For a fee, you can even get those minimal services from Experian, TransUnion and Equifax, and they’ll throw in credit monitoring to let you know when you’ve become a victim of identity theft.

What if your wallet goes missing? If you’ve ever had the experience, you know how much time and effort that’s going to cost you. What’s it worth to have someone else take care of replacing your credit cards, driver’s license, Social Security card, insurance cards? For every traveler, there’s the constant dread of losing travelers checks, a visa or passport.

One call to LifeLock gets the ball rolling. They make the calls, fill out the paperwork and get all those documents replaced for you. A phone call to their toll free number is all it takes. And LifeLock is the only company who’ll do it for you.

That’s why 700,000 members pay $10 a month to LifeLock to protect their identity. Some of the services they provide, you could do yourself. You could place a fraud alert. You could order a credit report. You could take your name off junk mail and phone solicitors’ lists. All these things are free. For a little more money, you could replace all the documents lost when your purse or wallet goes missing. For a lot more money, you could hire attorneys to help you clear your name after identity theft.
So, ask yourself:what’s your time worth?

We hope this Lifelock review has been helpful to you.