ID Theft Protection Service

Discussion in 'The Okie Corral' started by security79, Oct 8, 2010.

  1. security79

    security79 Gene Frenkle

    Messages:
    931
    Likes Received:
    0
    Joined:
    Apr 13, 2006
    Location:
    Shermer, Illinois
    I've been considering subscribing to one of these services but there are several to choose from. Which one is the way to go?
     
  2. CitizenOfDreams

    CitizenOfDreams

    Messages:
    8,111
    Likes Received:
    11
    Joined:
    Feb 23, 2009
    Location:
    Orlando, FL
    Edit: nah, I'll leave this can of worms alone.
     
    Last edited: Oct 8, 2010

  3. Eurodriver

    Eurodriver

    Messages:
    2,264
    Likes Received:
    7
    Joined:
    Sep 11, 2010
    Why leave it alone? I'm curious as well.
     
  4. md2lgyk

    md2lgyk

    Messages:
    1,569
    Likes Received:
    39
    Joined:
    Mar 23, 2001
    Location:
    WV
    The latest issue of Consumer Reports has a piece about these services. Bottom line: CR didn't recommend any of them.
     
  5. uhlawpup

    uhlawpup l'Italia s'è desta

    Messages:
    7,311
    Likes Received:
    5,212
    Joined:
    Nov 18, 2003
    Location:
    Houston
    And I can understand why. If you keep your financial affairs simple and monitor them regularly, you really have little to worry about. With the internet these days, you can be your own protection. Bank the fees they would charge you in a special savings account to use if you ever need to rescue yourself. I bet you'll retire before that happens, unless you are so careless in your dealings that you are "ripe for the picking."
     
  6. Geko45

    Geko45 Smartass Pilot CLM

    Messages:
    20,441
    Likes Received:
    8,676
    Joined:
    Nov 1, 2002
    Location:
    KCXO
    The only one I use is offered by my bank (BofA). I wouldn't bother with any of the independent services that specialize in this sort of thing. Their profit motive would incentivize them to do as little as possible to help you (keep expenses minimized) should you ever need their services.
     
    Last edited: May 8, 2012
  7. truetopath

    truetopath

    Messages:
    681
    Likes Received:
    2
    Joined:
    Nov 26, 2011
    Location:
    NY
    As long as you monitor your credit reports, bank, credit card statements on a regular basis I really don't see a point in paying someone else to do it. IMHO it's just a way of putting more info out there for someone to attempt to grab. Just my .02
     
  8. 220-9er

    220-9er

    Messages:
    1,100
    Likes Received:
    45
    Joined:
    Sep 4, 2002
    Location:
    North of Atl
    A credit freeze is the most effective way to protect your credit. You can unlock it when needed for a low fee then freeze it again. This will keep anyone from obtaining credit in your name.
    You can do a fraud alert on your credit file online that will notify you for 3 months if there is suspicious activity and it is free in most states. They will call the phone number you specify whenever anyone tries to use your info to get credit. You can also get a free report every year in most places so check one of the 3 agencies every 4 months for free.
     
  9. TSAX

    TSAX USAF Vet

    Messages:
    10,161
    Likes Received:
    11
    Joined:
    Jun 5, 2010
  10. pizza_pablo

    pizza_pablo USN Retired

    Messages:
    7,410
    Likes Received:
    6,017
    Joined:
    Oct 23, 2009
    Location:
    PNW
    I've been thinking of this, lately, also.
    The responses are interesting.
    I am especially interested in the credit freeze, that 220-9er wrote about.
    Is that done thru my credit union?
     
  11. Homechicken

    Homechicken

    Messages:
    1,687
    Likes Received:
    2
    Joined:
    Jan 31, 2005
    Location:
    GA
  12. pizza_pablo

    pizza_pablo USN Retired

    Messages:
    7,410
    Likes Received:
    6,017
    Joined:
    Oct 23, 2009
    Location:
    PNW
  13. uhlawpup

    uhlawpup l'Italia s'è desta

    Messages:
    7,311
    Likes Received:
    5,212
    Joined:
    Nov 18, 2003
    Location:
    Houston
    The credit freeze looks interesting. I may do this, as it would ease my self-monitoring chores a bit. Must make sure SheWhoMustBeObeyed isn't planning on opening any new accounts first.