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Beyond Credit Report Monitoring-Identity Theft Prevention
DataForeSight provides the only product that PREVENTS Identity Theft (for the same cost or less of credit report monitoring)
Our industry- exclusive $1,000,000 guarantee s against any losses resulting from the theft of your Identity that you may incur while our client and is backed by Lloyds of London. As long as you are our client when the theft occurs and your claim is legitimate, you'll have whatever you need to regain your good name and recoup any losses you may experience. This includes medical or bank fraud. No other product guarantees this! Also, provides the following..
- Fraud Alerts -Full control of your credit reports and the people who have access to them. Permanently. You are contacted before a purchase is made to approve or not to make sure it is you taking out a line of credit.
- You are entitled to a free credit report from ALL the credit bureaus and banking.
- Experian
- Equifax
- TransUnion
- ChexSystems-banking
- Full control and oversight of any checking accounts issued in your name . This is one of the most dangerous exposures you have. Thousands of consumers have found themselves in jail trying to explain that, while the checking account that passed bad checks may be in their name, it isn't their account. No other company will be there for you. We will, with our lawyers and your bail if you need it.
- We remove you from all pre-approved credit card lists. This is one of the most common ways thieves steal Identities. And it doesn't matter who you are. The wife of Senator John McCain had her Identity stolen this way. So did one of the top executives at VISA. So did the chief of security at one of the world's largest credit card companies.
- We remove you from most junk mail lists. All a thief really needs is your name to get a full background report on you, phone numbers (even if they are unlisted) any court actions, tax liens, bankruptcies, divorces, date of birth, social security number, criminal background, the names, addresses and phone numbers of all of your neighbors over the past twenty years, even a satellite photo of your house!
- Assistance in applying for new credit, if needed.
When there is a breach and loss of employee or customer data it seems that the breached company is compelled to provide credit report monitoring. This is reactionary at best and there are problems associated with this alone:
- Credit bureaus who provide this service may provide for their credit bureau alone not the other credit bureaus.
- If there is identity theft and the thief takes out a line of credit in your name, the monitoring program does not provide the information of the theft for 24-72 hours later. The theft has already occurred.
- Credit report monitoring companies do not clear your name. They may provide discounts on lawyers and procedures but the whole process is up to the individual. Depending on theft the cost and hours to clear your name are exorbitant.
- Credit report monitoring does not cover medical fraud or bank fraud. No monitoring of ChexSystems for bank accounts.
- Fear of Identity Theft Fuels Lucrative Market for Credit Monitoring ...
The couple featured in this New York Times piece is suing the three largest credit bureaus for allegedly failing to inform them of credit activity despite paying nearly $80 a year for the service. Despite having the service, an identity thief used the husband's Social Security number to apply for 26 credit cards, apply for a mortgage and finance several cars. The credit bureaus would not comment on the ongoing litigation.
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