Identity Theft Protection And ID Watch Dog - What You Should Know
Most people don’t realize that the credit reporting bureaus actually sell all that credit information they store to any company that presents a believable reason for needing the information. FACTA was passed in 2003 which demanded that these agencies allow you to be able to place a Fraud Alert on your credit profile. It also forces lending institutions to verify your identity before loaning any money on your home or any other personal property. In this article, you will find some more interesting details about identity theft, and what you can do about it. If you need further info, check out this ID Watchdog Review.
It is possible that you are not aware that your medical records are in jeopardy of being stolen and could literally threaten your life. When people get desperate enough, they will do anything to get medical care and using your records can result in there being wrong information about you, such as the wrong blood type. If you are in need of medical care that may require a blood transfusion, insist that they do a ‘re-type’ of your blood to make sure your medical information has not been stolen.
More than $200 billion dollars a year is stolen using fraudulent identities. Because of this, most companies have created their own in house Fraud Alert departments who deal with nothing else but tracking down and prosecuting these criminals. They spend millions of dollars trying to recover from your identity theft, and you should be monitoring your credit reporting on a daily basis.
There are some things you can do to help prevent this from happening to your identity. Keep all your important documents in a bank box or extremely heavy and strong safe. Your birth certificate, passports, any credit applications with your information on them, deeds to your property, social security cards, health cards, even your credit cards should be kept safely locked up in case your purse or wallet gets stolen.
A service like ID Watchdog scans many thousands of online databases containing information of consumers and watches for any activity which could be suspicious in nature. Such things like changes of address or phone numbers, credit applications, and medical record changes are all quickly flagged and they alert you as to the activity. They even monitor any activity on your social security number, criminal record and DMV changes, or other private records that might appear on some national security watch lists.
The resolution guarantee they offer in the event your identity gets stolen means their team of experts will stop at nothing to regain your previous credit and good name, at no extra charge. Using a patent-pending technology, it is their intention to prevent theft, before it happens, and provide you with peace of mind, 24/7.
This company does not provide an Identity Theft Insurance policy because their guarantee is that they will actually do all the leg work and stacks of paperwork involved in restoring your credit and good name if your identity is stolen on their clock. You will not have any loss of wages to be concerned about or any other hassles involved.
With only 20% of identity theft being credit related and the other 80% seldom being addressed, it is good to know that there is a company that monitors 100% of the activity going on with your personal information. This article should have presented you with enough information regarding Identity Theft to decide what you think is best when it comes to protecting your valuable information from identity thieves. If you are searching for further facts regarding this particular subject, check out this ID Watchdog Review.