If you read the fine print on the Life-Lock contract, and there is a lot of it, you will discover that they do absolutely nothing until YOU do everything required by law for you to do. In other words, you might as well not have their service.
In fact, that have been sued for sending out fraud alerts when there has been no evidence of fraud. At least one credit rating sue Life-Lock for the costs associated with the false fraud alerts and won a huge judgment/settlement.
“that have been sued for sending out fraud alerts when there has been no evidence of fraud.”
By the time there is EVIDENCE, it’s too late.
They alert you if anything suspicious is in process of occurring — sometimes it may seem inconvenient, i.e. when you are making an unusual purchase and they stop it to call you to confirm first, but it beats the alternative.
Actually these days even credit card companies deny purchases you make on the internet if it’s inconsistent with “your profile”. I found out the hard way, but now that I know, if something gets denied and I am doing the purchasing, I call the credit card company and let them verify my identity and they let the charge go through while I am on the phone with them - or if it’s something more substantial that I think probably will get stopped, I call them first and tell them about it.
Identity theft and fraudulent charges are all too common, so it’s worth a little inconvenience to stop it before it happens.