How Does LifeLock Identity Theft Protection Work?
LifeLock’s identity theft protection works in nine simple steps. Step 1–Enrollment: Upon enrollment you are immediately covered by LifeLocks $1 million service guarantee. Step 2–LifeLock contacts credit bureaus: Within 24 hours of LifeLock’s request, you will receive an email stating that fraud alerts have been requested on your behalf. When fraud alerts are established with the major credit bureaus, creditors are required to verify your identity before opening any new lines of credit, issuing new cards or increasing your credit limit. LifeLock also orders credit reports on your behalf from the major credit bureaus. Your reports will be sent directly to you. Step 3–Your locks are set: With the fraud alerts in place, every time you apply for new credit or someone tries to do something with your credit, You should receive a phone call from the bank asking if you are actually the person applying for credit in your name. If you are, great. If not, the transaction stops. This is the heart o
