Identity theft protection service -Lifelock review

Your worst nightmare could be when you review your credit report and find out that you are a victim of identity theft. The first question that people ask themselves is "how could this happen". It does and there are only a few things you can do to protect yourself from this.

LifeLock is our number one choice because they offer more options for consumers and businesses. I have found it easier to use the lifelock website which is important when dealing with any online business.

Lifelock and it's service program is endorsed by visa international and bank of America as one of the best data security companies. Life Lock provides a proactive identity monitoring service, specializing in the prevention of your identity, credit and unauthorized bank accounts, rather than the reporting of it.

• LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee! Click here to get a 10% discount.

There is over 20 billion dollars in losses to victims, because of new accounts being opened by thieves stealing information. And of these approximately half are credit card and cell phone account and bank accounts.

The age groups most affected are between 18-29. This probably is because younger people are not as concerned about it or are thinking "this can't happen to me".

Lately we have be reviewing new trends and scams and it seems no age group is safe anymore. With new viruses like silent banker you don't even have to use your credit card online to be a victim. It secretly downloads onto your computer and records al key strokes and then finds your financial information and passwords.

This service are the only way you can take an active role the  prevention, monitoring and protection of the theft of your identity.

The identity thief can acquire a driver's license, get married, or even get arrested using your identity and you would never know this by looking at your credit report alone. Having access to both public record information, coupled with your credit information, is one of the most effective ways to combat identity theft.

What is identity theft

Identity theft is a crime where a criminal acquires and uses the victims' personal information, such as Social Security or driver's license numbers to take out loans, obtain new credit cards, charge on an existing account that has available credit, rent an apartment, buy a car, file for bankruptcy, as well as other criminal activities. Identity theft can not only damage someone's creditworthiness, it can also create unknown criminal records that can result in the identity theft victim being wrongly arrested or denied employment after a routine background check.

Identity theft victims normally won't discover their name and credit information has been stolen until they have been turned down getting a mortgage or credit card

No one is going to do it for you. This is something that all financially responsible people have to do on their own. Everyone young and not so young need to protect their social security number. If you think that you are a victim of identity theft go here to read our identity theft worksheet. Read our latest article about "debit card theft"