IDENTITY THEFT SERVICES

When choosing a partner in identity theft security, OneLoanPlace.com chose LifeLock to offer their services to our valued customers.

Why did we choose LifeLock when there are so many other identity theft service providers out there?

When you look at how LifeLock measures up to the best practices suggested by the Consumer Federation of America (CFA), an organization predicated on consumer awareness, it's easy to see why we chose them.

According to the CFA, the nine (9) factors to consider when shopping for an identity theft service are:

1. Do the claims on the identity theft service's website, or in its advertisements, make you think that the service will completely protect you against identity theft?
2. Does the identity theft service use scare tactics to try to get you to enroll?
3. Does the identity theft service make basic information about the company easy to find on its website?
4. If the service offers to monitor your personal information, and alert you if someone is fraudulently using said information, is it clear what the service monitors?
5. Does the identity theft service make clear how monitoring, or other features of its program, actually helps you?
6. If the service offers to help identity theft victims, is it clear exactly what help it provides and who is eligible?
7. Is the cost of the identity theft service's program provided before you are asked for your payment information?
8. Does the service have a clear, transparent privacy policy?
9. If the identity theft service offers insurance or a guarantee, is it clear what is covered and who is eligible?

The above outlines best practices when shopping for an identity theft service - all of which LifeLock meets and/or exceeds. Let's look at each more closely.

1. LifeLock does not guarantee it will prevent identity theft. Rather, their service helps members prevent the likelihood of such a theft, and, if such theft does occur, LifeLock keeps the member's credit worthiness from tail spinning out of control. Firstly, LifeLock allows the member to keep close tabs on their credit by monitoring credit reports for any unusual and potentially negative activity. Secondly, if the member does become a victim of identity theft, LifeLock can help mitigate the damage to the member's credit.
2. LifeLock does not rely on scare tactics to sell their service. It does, however, rely on fact-based statistics and consumer awareness.
3. LifeLock wants to hear from their members! Therefore, LifeLock's contact information appears on their homepage, and is easily accessed by clicking on the "Contact" link at the bottom of the screen.
4. What information LifeLock monitors for its members is dependent upon which plan is purchased. The protective services each plan offers are clearly outlined under the "Products" menu on LifeLock's homepage.
5. Each plan outlines how individual services protect the member. As an example, by monitoring the member's credit report, unusual or potentially damaging activity is brought to light sooner rather than later. This allows the member, with LifeLock's assistance, to mitigate damage to their credit worthiness.
6. The zero deductible identity theft insurance included with a LifeLock membership reimburses the member for certain out-of-pocket expenses such as: fraudulent withdrawals, lost wages, stolen wallet or purse, child and/or elderly care, document replacement fees, and travel expenses.
7. The monthly and yearly cost for each plan is clearly listed well before payment information is requested.
8. LifeLock's privacy policy is clearly defined and is easily accessible by clicking on "Privacy Policy" from their homepage.
9. LifeLock's $1M Total Service Guarantee is the pillar on which LifeLock's services are supported. If a LifeLock member becomes a victim of identity theft, this guarantee assures the member that LifeLock will spend up to $1 million to hire experts, lawyers, investigators, consultants, and whomever else it takes to help the member's recovery.

The reason OneLoanPlace.com has partnered with LifeLock is because they do indeed measure up to the best practices suggested by the CFA. OneLoanPlace.com is confident LifeLock will serve our valued customers well, and provide excellent services at a reasonable price.

For more information on the services LifeLock offers click here. LifeLock offers the OneLoanPlace.com's valued customers 10% off their services. To get your discount click here.