Identity theft is quite rampant these days. Many individuals just realize at some later time after the crime has been committed that they have been aggrieved and thus are facing a grave financial predicament. This modus operandi can bear disastrous effects on the funds of an individual as he could be required to make payments for an astronomical credit that he has not applied for and enjoyed. Or he could incur a poor credit score, which has considerably worse effects, such as troubles in landing employment and denied credit applications. It is therefore a clever move nowadays to buy an identity protection service, such as one of those offered by TrustedID.
TrustedID is a company that excels in giving people a reliable and effective identity theft protection. It is managed by a group of people who have years and years of experience in credit and its protection through the aid of the Internet. And one of their excellent programs is the IDEssentials. This service does not only safeguard the identity of an individual and his credit account. They go the extra mile by providing assistance in case theft takes place. This program, in other words, does not leave one hanging and in misery as they go more than just protecting identity.
One of the features of the IDEssentials is credit monitoring. This means that they keep tabs on your credit daily on three bureaus: Equifax, Experian, and TransUnion. Any changes in your account will be reported to you for support. One feels secure, therefore, that there is somebody keeping an eye on his credit and need not fear and instead devote his time on some other undertakings that are gainful and meaningful. They also furnish you with a report from various bureaus so that you can follow them and see if there are discrepancies.
Another fantastic feature of this service is fraud alerts. This mechanism allows you put some alerts on your reports. Lending firms then will know that they have to get in touch with you first for confirmation before any credit application is completed and approved. This makes it very hard for scammers to take an unauthorized loan as everything has to go through you and you are aware of every transaction being processed in your name. If you confirm that the loan application is valid, processing will continue until the application is approved. But if you report it to be fraudulent, it will be canceled altogether and theft will be thwarted.
TrustedID also gives you an identity threat score. This rating evaluates your chance of becoming a victim of identity theft. This method is made by the company by checking your data on various sources. With the data gathered in their monitoring, they will investigate patterns that would indicate whether theft has been made or theft is about to be made. Based on your score, they will offer you professional assistance by recommending suitable actions you can take to foil theft attempts or to remedy the condition if theft has been made already.
Credit and identity theft has gone rampant these days and you never know who’s going to be the next victim. To prepare yourself from this unscrupulous crime, you should try TrustedID to keep your peace of mind. Or you may want to try identity protection.