Yep, the Credit Bureaus should allow you to put a permanent fraud alert on your credit if you want one, but they don't so they can soak you for more money.
It's all about the money. They don't care about your credit at all.
I heard somewhere that Todd Davis of Lifelock has a shady past as scam artist.
This should get interesting. Are they gonna sue Obama too? After all his Hope speeches are another consumer fraud.
Well, duh, when you sign up with somebody like Lifelock aren't you in turn asking them to act on your behalf to request the fraud alert?
I suspect Experian is up to something here... not sure what it is...
No, the REAL point is our social security numbers are being used for IDENTIFICATION and how many other things for which they are not intended. Thanks FDR, I may have to make a trip to New Hyde Park to empty my bladder.
It’s a shame our government has let it go so far that Americans have to buy Identity Insurance because Illegal Aliens are stealing our identity.
Bull-shi’ite. I’m a subscriber and I can guess what’s really going on here.
Lifelock makes the credit reporting agencies (Experian, Equifax, TransUnion) run full credit reports and fraud alerts (re #13) for it’s customers every three months and send notification letters.
Lifelock’s business model is taking a bite out of Experian’s and Experian is going judge-shopping to stop it.
...
These folks deserve each other. There is a much better alternative to protecting your credit, and neither of these organizations want you to know about it because it resolves most of the potential problems with identity theft quickly and relatively cheaply. It’s called a credit freeze, and depending on where you live it will cost you a maximum of $30.00 to do one with all three credit reporting agencies. If you need to unfreeze your credit (to apply for a loan, credit card, etc.) you can do it, but there is a fee attached. In the long run it’s a lot cheaper than what one of these credit protection organizations charge, and a whole lot cheaper than dealing with identity theft. It will put a crimp in any impulse credit purchases you want to make, but that’s probably a good thing.
You can read more about it Clark Howard’s website. http://clarkhoward.com/topics/credit_freeze_states.html
it wouldn’t hurt my feelings a bit if the credit police took a hit.
then companies that traffic in such data for a profit would owe royalties to each person whose data they sell.
that would make them accountable. it might even induce them into another line of work.
Screw Experian.
They make their money selling people’s SSNs and credit history without their knowledge or permission. I hope this guy takes a huge bite out of their ill-gotten profits.