Life Lock - RV-Dreams Community Forum

The Bear II · RV-Dreams Family Member

Life Lock

bjoyce · RV-Dreams Family Member

We have credit monitoring as part of another service we have, a legal plan, and have a couple other services that will do so for extra money. Check with your banks and credit cards to see how much extra they charge. Life Lock has to pay for all their slick advertisements and executives salaries, I am sure other services are cheaper for the same service.

-- Edited by bjoyce on Friday 20th of April 2012 04:00:22 PM

Trabuco · RV-Dreams Family Member

Does anyone use a credit monitoring system like Life Lock? I've seen the ads and just curious if it works as advertised or if it's just another way to waste money.

Trabuco · RV-Dreams Family Member

Larry,

I've had 2 friends that have had their ID stolen but like you I'm kind of tight. I've bought 1 extended warranty and it was on a Harley. I just broke even on the warranty. No earth quake insurance and don't plan on getting it.

Just wondering if anyone on the forum has a horror story concerning ID theft that made them purchase a monthly ID service.

igotjam · RV-Dreams Family Member

Had our Visa info used to make thousands in unauthorized purchases. Not sure where number was taken and nothing else impacted. Credit Card company immediately reversed the charges and issued a new card. The only hassle was the 10 day wait for the new card to arrive.

Trabuco · RV-Dreams Family Member

Robert,

Now that you mention that we had the same thing happen. Checking my account online I noticed several hundred dollars in purchases that I did't make. When I called the credit card company they asked if I had been in Russia recently, which we hadn't they took care of the charges. At the time we only had one credit card so it was a long couple of weeks until we received the new. Needless to say we have more than one now.

rvingft · RV-Dreams Family Member

We too have credit monitoring as part of our Legal Shield plan.

And as CDL drivers' license holders, we have Legal Shield for our DL's too. That came in VERY handy when a NE HP tried to nail us for log book violations and 3 miles over speed. He even fudged the computer read-out of the clock report to TRY to get Terry at 18 over!

NOT! Legal Shield to the rescue .....all covered in our monthly membership fee at no additional cost to us.

We did just buy an extended warranty for a used Ford pickup we just bought. Just in case the stories on this and other RVers forums about the 6.0 diesel happen to us :D

2riker2go · RV-Dreams Family Member

I purchased a Credit Watch product through Equifax. With this, I get an email every time my credit is pulled, a new account is opened, or my credit score changes. The other two credit bureaus (Transunion, Experian) also offer similar products.

PIEERE · RV-Dreams Family Member

confuse confuse If I bought in to every product on the market then I would have to eat chicken feed; cause dog and cat food got to expensive. If scammers get into my accounts; they are in for a enormous surprise. Go ahead and use my info; it may get you in the Hot Seat! LOL!

Seriously folks; my bank will notify me immediately if suspicious activity presents itself. I always call when traveling between employs or changing locales.

Pieere

Melstar · RV-Dreams Family Member

I have had my credit cards stolen in the past and my bank accounts hacked into, and most recently my SS# used to open a Verizon account in N.Y. I live in Louisiana....never been to N.Y.

I have Identity theft protection....just in case the big one hits and I do know that it is a nightmare to restore your credit....my protection company does all the work to restore your credit and your good name!

Racerguy · RV-Dreams Family Member

I think it has a lot to do with your comfort level.We are our own credit monitoring service and so far it has served us well.We have limits set on all our cards and check our accounts often.I hate paying for something I feel I can do myself.

Trabuco · RV-Dreams Family Member

Many different takes on the identity thing. I guess that's why they make more than one paint color:) Like Racerguy I check my accounts often. I'm not relly concerned about the unauthorized CC charges those are easy to fix. I was more curious about ID theft, where someone takes over all your identity, like someone stealing your SSN#. Do these companies really protect that from happening?

2riker2go · RV-Dreams Family Member

When someone like that gets hold of your information and social sec. #, often what they do with it is try to open some kind of account, or a credit card, etc. Any of these credit watch programs will let you know if that is happening because if a new account is opened or your credit is pulled, you are made aware of it right away.

Lyman · RV-Dreams Community Member

se a credit freeze

to quote

Credit freezes are frequently viewed as the most effective way to prevent financial identity theft. Each year in the United States, approximately 15 percent of all cases of identity theft are cases of new account origination identity theft, according to the Federal Trade Commission.^[3] This form of identity theft occurs when a criminal opens credit in another individual's name. In the credit origination process, access to a credit report is critical for a lender to make a risk assessment. Because a credit freeze effectively stops any access to the credit report, it places a block in the process of issuing credit. Individuals who freeze their credit reports must therefore unfreeze their reports before they wish to apply for credit themselves.

http://en.wikipedia.org/wiki/Credit_freeze

WestWardHo · RV-Dreams Family Member

I might suggest you search for and read Howard's posts about checking your own credit reports regularly. Sorry I don't have the link.

mcphelps7 · RV-Dreams Family Member

Check/search Clarkhoward.com for directions on how to freeze your credit yourself at each of the three credit rating agencies. It's $10 per agency and very easy to do. Did it for my college age kids too. Great peace of mind!