The ID Theft Shield Makes This Task Easier

Category: Finance.

Attorney General John Ashcroft called identity theft as" one of the fastest growing crimes in the United States" . Even the 9/ 11 or September 11th hijackers were believed to have been identity thieves, using stolen passports and Social Security numbers to obscure their trail.

Federal Trade Commission( FTC) , the leading governmental agency which keeps records on identity theft, estimates that over 9 million Americans( or 25% of all adults) are victims of ID theft on an annual basis, resulting in$ 56 billion losses to businesses and financial institutions. Beyond doubt, identity theft crimes have reached epidemic proportions with subsequent catastrophic consequences. Advances in computer hardware and software along with the growth of the Internet have significantly increased the role that identity theft plays in crime. Identity theft crimes are not new, but they have become more persuasive in the past decade. Individuals can hire credit- monitoring services that alert them when there are changes in their credit report. This service referred to as the" Identity Theft Shield" is available to Pre- Paid Legal Services members.

One such company, Pre- Paid Legal Services, Inc. in conjunction with Kroll, Inc. has developed a unique solution for victims of identity theft. With the Identity Theft Shield, you have the added security of knowing that experienced professionals from the world s leading risk consulting company are there to fight for you. The ID Theft Shield makes this task easier. To prevent identity fraud, experts recommend that you review your credit report regularly. You receive prompt notices if any new accounts are opened in your name or if derogatory notations are added to your credit report. With Identity Theft Shield available at just$ 95/ month, the cost of combating ID fraud crimes is much less. On an average, ID theft victims spend more than 250 hours and$ 2000 to clear their names.

This monthly fee provides benefits to you, and your spouse, the member. Truly, Identity Theft Shield is the most factual and comprehensive solution to ID theft restoration. At this cost, it is well worth the time and money to keep your affairs private. However, even the best, at times backup plans Fail. Some things to do would be to shred all paperwork with important account information on it, don t just throw it away in the trash because one of the simplest methods of Identity theft is for the theif to go through trash cans and dumpsters. Therefore, you must learn to depend on yourself to set up your own identity theft shield and minimize your risk.

Memorize pin numbers, do not carry them with your credit cards. Just to mention a couple thoughts.

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