If you think that purchasing identity theft protection services are useless and not worth the cost, then, you might need to know that more than 16.8 billion was actually stolen from more than 16 million U.S. victims last year! So, definitely, you don’t want to be the next victim, do you?
It’s true that there are several things you can do to protect yourself and identity, including, frequently checking your bank and credit card statements. However, such processes can be time-consuming, which makes the paid identity-protection service an appealing option!
Not only these services will monitor your financial activity and personal information but also will alert you if a suspicious or fraudulent activity is taking place!
The most appealing thing about this particular identity theft protection service is that it provides the best service at a very affordable price!
For instance, Both your credit scores and reports from all three credit bureaus will be refreshed 4 times a year and that’s in addition to fully monitoring your personal accounts. What’s even more interesting is that the $1 million identity restoration coverage includes reimbursement of stolen funds.
IdentityForce also includes many other interesting services, say, a credit card stimulator, two-factor authentification to protect your account from potential dangers, and finally an anti-keylogging software.
However, you might also need to know that this service doesn’t send you alerting emails and SMS nor does it provide you with a composite creditworthiness score.
Lifelock Ultimate Plus
This service is considered the best data monitoring services and also the most expensive on this list! Lifelock Ultimate Plus can successfully monitor different data, including investment and retirement accounts. Guess what? that’s not everything!
The $1 million identity restoration plan do cover lost wages and funds. Let’s not forget to mention that this service also offers its customers a composite credit score and a new Equifax score on a monthly basis.
However, it’s good to note that despite the fact that this service does monitor your credit files with all the three credit bureaus, you will only receive a full report once a year.
Unfortunately, this service doesn’t provide any credit-score simulator or two-factor authentification.
Identity Guard Platinum
This service offers three-bureau credit-scores and full monthly reports instead of quarterly or yearly ones! It also provides many other interesting utilities, including antivirus, anti-keylogging software, a credit-score analyzer, and covers all the stolen money and wages.
To protect the customer ’s personal information, the service use IBM’s Watson-intelligence platform. However, it’s worth mentioning that the service doesn’t monitor your credit card or bank account activities.
So, if this last point is crucial for you, then, you might need to consider other identity-theft-protection services.
This is a real bargain for families! This identity theft protection service can monitor your bank and credit card accounts and also alerts you when a suspicious activity occurs.
In case your identity gets stolen, the service will be ready to spend about $5 million just to restore your credit. However, keep in mind that this doesn’t include lost wages or funds.
The one and only downside of this particular identity theft protection service is that it only provides credit reports and scores from Experian and not the other two agencies, which might not be enough for some customers.
Other ID Protection Services Reviewed
Credit Sesame Platinum Protection:
This ID protection service provides online, ad-supported, and free financial advice. It also provides a monthly three bureau credit reports and scores for it customers and monitors their different types of accounts along with providing a composite credit score.
ID Watchdog Platinum:
This service only provides the basics of identity protection! The good thing about it is that it monitors your files with all the three credit-reporting agencies, but still, you can only receive full reports once a year.
This service can protect you from data breaches and payday loans but it surely doesn’t monitor your credit card or bank accounts. The service’s restoration coverage do include lost wages but not funds.