lifelock ceo hacked – credit reports credit reports does lifelock rattling work?

In: credit reports

14 May 2009

But does Lifelock work, and is it worth paying for? Well, yes and no. One of the ways Lifelock protects you is that they send you three credit reports a year. However, you can request credit reports for free from several companies. Likewise, it’s not that difficult to have yourself removed from mailing lists and credit card offers or set up credit alerts. What you’re paying for, then, is the convenience of having someone else remove your name from these lists, send you credit reports, set up the credit alerts, and assist you with handling any issues of identity theft. You’re really paying for that $1 million in theft insurance and for Lifelock to do all the work.lifelock ceo hacked - does lifelock rattling work?

Lifelock also reduces the amount of junk mail and credit card offers that you receive in the mail. In a way, Lifelock is identity theft insurance. For $120 a month, you’ve got a company waiting to assist you with identity theft plus take care of junk mail. Not bad.

But what about Todd Davis and the stories about his identity being stolen? Well, it is true that someone used his social security number to get a $500 loan from a check cashing company. However, the company did nothing to verify the person’s identity. According to Lifelock, the cashier didn’t even ask for a photo ID. While it’s true you can do many of the services Lifelock offers yourself for free, there’s nothing to suggest Lifelock doesn’t work. If you like the idea of identity theft insurance, you may find that $10 a month is more than worth your piece of mind.lifelock ceo hacked - does lifelock rattling work?

You may have heard about Lifelock on television or read about it in magazines. It’s a company run by Todd Davis, and it guarantees you absolute protection from identity theft. In fact, Davis is so confident in Lifelock that he actually gives out his social security number to anyone who asks. But does Lifelock really work? And what does it say about the company Todd Davis himself was a victim of identity theft?

For ten dollars a month, Lifelock promises to provide you with one million dollars to help you deal with securing your identity if your identity is stolen while you’re a member. Lifelock will also contact various creditors and set up confirmation alerts. By flagging your name, creditors will be required to call you and confirm your identity every time you open a new line of credit. These alerts only last 90 days; however, Lifelock will renew them when they expire.

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