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Here's what they do: Second, unless your circumstances change and you tell them not to, every 90 days or so they ask the credit bureaus to do it again. You can do this for free if you'd prefer, but they make sure it gets done and that it gets done right. That's where the oil change analogy they're were talking about kicks in. Third, they request that your name be removed from pre-approved credit card and junk mail lists and they keep making the requests as they expire. Statistics show that this is one of the most common ways that thieves hijack identities. Plus, all that mail is just so irritating. Many of their clients tell them that this alone is worth the price. If you are a do-it-yourselfer, you can do this for free, but why not let them do it for you? Fourth, they order your free credit reports on your behalf from the major credit bureaus and they are sent directly to you. They do this every year. You can also do this yourself for free. Last, but certainly not least: If your Identity is stolen while you are their client, they're going to do whatever it takes to recover your good name. If you need lawyers, they're going to hire the best they can find. If you need investigators, accountants, case managers, whatever, they're yours. If you lose money as a result of the theft, they're going to give it back to you. |
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Personal
information has become the currency of choice for criminals because the
credit system allows consumers with a good credit rating to easily set
up lines of credit until fraud is detected. Thieves would rather steal an individuals reputation than what is in his wallet. Compromised data are routinely bought and sold by individuals and organized crime through Internet chat rooms, electronic-payment systems and online casinos.
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