What Is Identity Theft?

According to the FTC it is: When someone uses your personally identifying information, like you name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.

The FTC estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may have experienced some form of identity theft. The crime takes many forms. Identity thieves may rent an apartment, obtain a credit card, or establish a telephone account in your name. You may not find out about the theft until you review your credit report or a credit card statement and notice charges you didn?t make or until you?re contacted by a debt collector. Identity theft is serious. While some identity theft victims can resolve their problems quickly, others spend hundreds of dollars and many days repairing damage to their good name and credit record. Some consumers victimized by identity theft may lose out on job opportunities, or be denied loans for education, housing or cars because of negative information on their credit reports. In rare cases, they may even be arrested for crimes they did not commit.

For more information please visit: http://www.ftc.gov/bcp/edu/microsites/idtheft/consumers/about-identity-theft.html#content

How can I be protected?

You have the option of choosing an extreme option of placing a "credit freeze" on your credit files which means anyone opening a credit account for you must make an extra effort to confirm your identity, which usually means calling you to confirm you opened the account. This action is for people that are most concerned about identity theft.

For those who want to take a less extreme approach or who also want to have the benefit of keeping close tabs on their credit reports and scores, one of the "detection" type of services we recommend is a great approach. These are credit monitoring services that monitor your credit file ("credit monitoring"), as well as the internet black market, for any unusual activity occurring in your name. They also give you regular updates of your credit reports and credit scores. While detection of something means that your information has already fallen into the wrong hands, it almost always occurs before the situation has become a more serious problem and it is not as difficult to deal with.

What Can Identity Lookout Do For Me?

We make it easy for you to attain the best identity theft protection service on the market. We have partnered with the largest credit bureau to bring you the most cost effective yet robust program out there.

With today's unstable economy people are becoming more desperate and Identity Theft is going to be on the rise. For pennies a day you can protect yourself.

1 Calculated on the PLUS Score model, your Experian Credit Score indicates your relative credit risk level for educational purposes and is not the score used by lenders. Learn More.

2 Identity Theft Insurance underwritten by insurance company subsidiaries or affiliates of American International Group, Inc. (AIG). The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions. Review the Summary of Benefits.

3 Monitoring with Experian begins within 48 hours of enrollment in your trial. Monitoring with Equifax and Transunion takes approximately 4 days to begin, though in some cases cannot be initiated during your trial period. You may cancel your trial membership any time within 9 days of enrollment without charge.