Identity Theft Services
According to Federal Trade Commission findings nearly 10 million people in the United States had been victims of identity theft in some way or the other. No wonder identity theft is one of the fastest growing crimes in the US coast to coast today as technology has crossed barriers to make financial transactions totally paper free and even fax less.
So the need of services to counter this growing menace has grown. Identity theft is like no other ordinary theft but is capable of implicating the poor victim in crimes he had not committed.
If a fraudster is capable of assuming your identity after getting away with your personal information like social security, credit card and bank account number without your knowledge till credit agencies knock at your door, you need to do something.
Your first step would be look for services that can send early warning signals for possible theft of your identity. Credit monitoring agencies like Notify Express sends out alerts fast and in time to consumers as soon as they detect early signs of identity theft or any fraudulent activity. Before a charlatan can ruin your credit rating Notify Express will send out alerts when there are changes to your file.
Their credit files are monitored at Equifax, TransUnion and Experian which allows you to receive advance information before real time damages are done to your finances as well as your reputation. All business day operations by Notify Express include monitoring your credit files for new public records, any address changes, opening of new accounts, any changes to your account information that they spot and inquiries to your credit files.
You can choose to receive alerts via mail, email, phone or text messages. Email alerts would include all the changes that a prospective fraudster may be trying to attempt while snail mail and phone alerts would provide only selective information like address changes, inquiries, new public records and any new accounts that may have been opened.
Identity theft insurance programs like CreditProjectX3 payout at maximum of $20000 to identity theft victims for a $250 fee. They cover expenses like lost four weeks wages up to a maximum of $500 per week for time taken off to clear their names or for wrongful imprisonment.
Certified mailing, notary expenses, attorney fees, loan application fees and all long distance phone calls are reimbursed.
All the three credit reporting agencies provide a detailed report of your credit history to help you verify each of their findings. Based on an online compilation from Equifax, TransUnion and Experian, your credit worthiness is open for evaluation by agencies extending credit as well as by you to know where you are rated against the national average and whether you need to improve your scores.
New protection services have also come up outside the bureaus like Debix, LifeLock and IdentityTruth.
