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Lifelock for Consumer Protection
March 10, 2008Love Your Health Money Family & Relationship
So there was a recent article in TheRegistrar that I thought was pretty interesting. It is a fight involving Experien and Lifelock. Most people who dont’ know what Lifelock is - life lock is a identity theft protection website. It is one of the most well known that help set free fraud alerts for consumers with the credit bureaus. Therefore, it’s a fraud guardian in essence. Not only that, lifelock also help consumer with their name removal from junk mails such as pre-approved credit card offers. These mails not only irritating, time wasting and space consuming, the are also one of the top sources for identity hijacking.
But now Experian is trying to sue them for their service. See the lifelock chargest only about $10 per month for this amazing service.
Experian says that LifeLock is generating a huge numbers of alerts that is making the credit bureaus such as Experian, TransUnion and Equifax work hard. But as a consumer we know the Lifelock is doing this to protect their customers and I am glad to see their work. It’s a step forward in pre-caution and protection against id thieves.
Topics: Money |