TrustedID And Identity Protection - What You Need To Know

A number of people are not aware that credit companies sell the credit information they obtain to any company that validates a reason to purchase it. The comforting thing to know is that FACTA was passed in 2003 which now forces the credit reporting bureaus to allow you to place a Fraud Alert on your credit profile. This legislature also forces lending institutions to take the necessary measures to verify your identity before they loan anyone an amount of money using your identity. There are some other interesting facts contained in this TrustedID Review for you to consider.

Something else that many people never consider is that their medical information can be stolen. Thieves are using other people's identities to have major surgery and expensive treatments. You should consider checking up on your medical information to make sure there are no errors and then track down how they appeared. This could threaten your life if a thief were to have blood work and the new typing changes your record blood type. You could die as a result of this fraud if you ever need a blood transfusion.

More than $200 billion dollars a year are being lost by businesses due to identity theft. Most companies have to resort to starting their own Fraud Alert departments, which do nothing but track down and then prosecute these criminal offenders. It is more important that ever for you to keep track of your credit and medical information and monitor everything that goes on with your personal information.

While deciding what monitoring service to use, you can get the ball rolling by taking action at home. Get a safe or bank deposit box and put all your most important documents and cards in there for safe keeping. Put your birth certificates, marriage license, credit cards and health cards, loan applications with your SS number, even your passport and social security cards where they will be safe. Shred all your correspondence, even the envelopes it was mailed in and any other documents which could get into the wrong hands.

TrustedID offers a suite of services which monitor such things as all three credit bureaus for any changes to your activity, and sends you a credit report from all three. You get a Fraud Alert reminder before the 90 days is up, so you can log in and request that it remain in place.

They have medical information checking which verifies that you or your family was the patient being treated; you get the ability to use Credit Lock to put a 'freeze' on all three accounts at the credit bureaus.

In the event your identity gets stolen while using this service, they have a million dollar warranty that covers expenses for legal fees, any fees for having to apply to your previous accounts, loss of wages up to five thousand dollars, and any other damages caused by the theft. Also, their team of professionals who are provided by the company work to help restore your good name and credit as efficiently and rapidly as possible.

Identity theft for credit related matters currently amount to 20% of reports, and the other 80% are the theft and misuse of other personal information such as your medical records. From the information in this TrustedID Review there should be enough to get you started in protecting everyone your family members from Identity Theft. Millions of people are finding out too late that their credit identity has been stolen, but taking measures now can prevent the worst from happening.