ID theft allegations haunt founder of ID theft fraud protection service

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ID Theft allegations haunt

This is indeed a sad story. It is very unfortunate that consumers would entrust their information to a third party, only to have to question themselves whether or not they have placed their trust in the right place.
It is also odd that consumers would pay as much as $100 per year, for someone to place Fraud Alerts for them, when consumers can place Fraud Alerts on their own, for no cost.
A website called http://www.creditlock.com offers substantial Identity Theft information and tools for free, including information on Fraud Alerts. Such website also offers a membership package for only $4.68 per year (39 cents per month), to include premium services such as Credit Freeze Kits, Fraud Alerts Reminders, Free Annual Credit Report Reminders, Cash Back offers and more. What's most important, it does not collect sensitive consumer information. Their philosophy was discussed in a detailed press release which can be found at http://biz.yahoo.com/iw/070430/0245703.html Such website also has a popular news and research service, discussing Identity Theft issues and related social and economic impact.
Consumers really need to think very hard about the value they are deriving from an Identity Theft protection service company. They must also make sure that they are not asked to provide sensitive information which might jeopordize their security.
Another source for Identity theft information is also the FTC website, and it does not cost anything.

Posted by: bmsbms   Posted on: 06/06/07 You are currently: a Guest | Members login | Terms of Use

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