How does AlertMe compare to other Identity Theft protection services, like LifeLock?
Other services charge a fee to put a perpetual “Fraud Alert” on your credit report. With a Fraud Alert on your credit reports, you will be notified if anyone attempts to open a new trade account in your name. You can put a fraud alert on your credit report yourself for free by calling the credit bureaus. AlertMe monitors your Experian credit file and alerts you to any changes, including new trade accounts AND other indicators of Identity Theft such as a change of address. This is not something you can sign up for yourself. Other services offer a $1 million guarantee. This guarantee only pays if LifeLock doesn’t do what it says it is going to do (i.e., put a fraud alert on your credit report). AlertMe’s insurance policy covers all expenses and legal fees for recovering your identity in the event your identity is stolen, whether AlertMe’s alerts worked or not. As long as you are subscribed to AlertMe, you are protected.
