Life Lock Review – Identity Fraud Protection Worth It?
Identity theft is becoming more rampant in the United States. Because of that, as a consumer, it’s important to monitor your credit report carefully to ensure this doesn’t happen to you. With the help of identity theft protection services such as LifeLock, you can put your mind at ease with a series of securities for a nominal fee, starting at $9.99 a month. The service offers 24-hour support, credit monitoring, bank account monitoring, control of cool websites to see if your information is for sale, a mobile app, credit reports, mobile alerts and recovery support. While the website is outdated and the setup process is somewhat lengthy, it does offer some helpful tools.
What LifeLock Offer Members
Lifelock offers a three-tiered system. LifeLock Standard is $9.99 a month, LifeLock Advantage $19.99 a month, and LifeLock Ultimate Plus is $29.99 a month. There is no free trial period, and a credit card is required when a new account is created. All three plans include checking for cool websites selling one’s information, 24-hour live support and identity theft recovery. The top two tiers also include bank account alerts, data breach alerts, public records scanning and credit report monitoring. The highest level offers additional online monitoring, other financial signals, three credit reports and sex offender reports.
The website promises to spend up to $1 million to hire lawyers, experts, consultants and investigators to help your recovery if you become an identity theft victim when a LifeLock member. It’s important to note that you will have to give LifeLock power of attorney for them to clean up your identity when it becomes compromised.
Signing Up For Lifelock
Enter your credit card information, contact information as well as your billing address. You also can add family members you’d like protected by LifeLock too. Email verification occurs, which protects the user setting up the account. It can take up to 24 hours for some features to switch on, so be patient. Launch a wizard on the website that gathers more information from you after your account is activated. The assistant will introduce you to the features of the site. Some things that may be asked of you include your phone number, credit cards, driver’s license, insurance card, bank account information, address, email and mother’s maiden name (for verification).
Ultimately most of these things are things that LifeLock will monitor for you. If your home address comes up in a searchable document, they will record that. If someone tries to open a new bank account with your specific SSN, they will alert you. They can even help you get new cards. Users can enter up to five credit cards, five bank accounts, two email addresses, two addresses and two phone numbers.
In regards to the bank account portion, you will give LifeLock a username and login for each of your accounts. They use this as read-only access to see your recent transactions. You can review all of your personal transactions from within LifeLock too. Users can set up custom alerts for transactions over a certain amount of money.
The website uses a clean design, which is easy to navigate. A series of different windows show current alerts, how close you are to completing your account, your credit score and the number of signals the service has issued you that month. While the website isn’t particularly lovely, it’s great in that it’s easy to use and stay organized on.
BBB – While LifeLock, Inc. isn’t BBB accredited, it does have an A+ rating on the website with 86 complaints in 3 years.
Alerts & Reports
Once a user gives LifeLock their information, it will alert you to anything that doesn’t seem right. Even if the service hasn’t given you any alerts, you will still see personal information summaries on the public record, detailed credit reports and anyone who has requested a credit check on you. You also can see a list of sex offenders in your area.
Users can submit any questions via an email ticket system. There is also a toll-free phone number one can call.
The Bottom Line
LifeLock offers identity protection that is like an insurance provider that helps you when you’re in a crisis. Their service watches over you and makes it available if emergencies occur or if you have any questions. When your identity is on the line, they assure you that you can count on them. It offers a list of robust features and excellent customer support making it an excellent choice for identity theft protection.
This is an efficient and affordable way to protect you. Monitor your credit reports and financial statements for suspicious activity easily. These things can lead to identity theft and quick. If your Social Security Number ends up somewhere, they will suggest you put a security free on your credit reports, which will prevent creditors from accessing your file if a criminal is trying to opening up a new account in your name. Without this access, they will deny a credit application. If you haven’t been a victim of identity theft yet, you may have to pay a small fee to freeze your account, which is worth it in itself.
Ultimately LifeLock is a trusted and safe place to trust when it comes to your financial future. Their portal is easy to use and can be customized to suit each user’s need. In the age of Identity Theft, it’s important to protect yourself as much as possible especially when it comes to something as vital as one’s credit report and credit score, things that can follow someone throughout their entire life.