nonymousPremium
join:2003-09-08
Glendale, AZ Reviews:
 ·Callcentric
| reply to pandora
Re: Score 1 for Lifelock Like you would not have found out about it sometime without lifelock.
Like a bank is going to go after a ten year old or less. Plus would a bank really want to admit they gave out credit to a fraudulent ID of a less than 10 year old. It would have been fixed eventually. Now pulling an occasional free credit report on all family members is a good idea. |
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pandoraPremium
join:2001-06-01
Outland
kudos:1
2 edits | **NM** |
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 La LunaSurvived AshrafulPremium
join:2001-07-12
Warwick, NY
kudos:3
·Vonage
 ·Optimum Online
| reply to nonymous
said by nonymous:Like you would not have found out about it sometime without lifelock. Like a bank is going to go after a ten year old or less. Plus would a bank really want to admit they gave out credit to a fraudulent ID of a less than 10 year old. It would have been fixed eventually. Now pulling an occasional free credit report on all family members is a good idea. Finding out after the fact is a little too late. Child identity theft is all too common, not sure why you don't know that.
"Fixed eventually"? By whom? Do you know what a nightmare it is to fix something like this?
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Biden '05 On Nuclear Option: "I pray God when the Democrats take back control we don't make the kind of naked power grab you are doing."
14,954 DEADLY TERROR ATTACKS SINCE 9/11 |
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nonymousPremium
join:2003-09-08
Glendale, AZ Reviews:
·Callcentric
| said by La Luna:said by nonymous:Like you would not have found out about it sometime without lifelock. Like a bank is going to go after a ten year old or less. Plus would a bank really want to admit they gave out credit to a fraudulent ID of a less than 10 year old. It would have been fixed eventually. Now pulling an occasional free credit report on all family members is a good idea. Finding out after the fact is a little too late. Child identity theft is all too common, not sure why you don't know that. "Fixed eventually"? By whom? Do you know what a nightmare it is to fix something like this? "Having a credit agency call to collect a debt that isn't his, or a marshal serve a warrant to my child, is not the way I want to learn about identity misuse or protect my family."
You really need less paranoia and more of a sense of humour.
I have had fraud against credit cards. That is found out quick when either I notice it or the credit card company does.
Little blunders on my credit report. I can not say fraud but blunders. They gave me a supposed relative on my report who was no relation and did not know them. Just the same last name.
Forgot I had my own house and had me living with my parents.
I have had at least one check stolen in my life.
Just a few phone calls and fixed.
If someone put a false thing on my young sons credit just a few phone calls. Plus why would they ever send a marshall first. If they knew where you lived you would get a bunch of harassing creditor calls first.
To Its a Secret I just do not see being hauled off to the debtors prison version of a TSA handcuff room as a huge possibility of ever happening. I do keep at least a yearly check on my families credit. Or if I was expecting to purchase a car I check before applying for any loans etc.
Lifelock is ok just you can do everything they do yourself. The fraud is not removed just because it is Lifelock. You too can get fraud removed with only a phone call or two. If it went above a couple phone calls yes I may get irked but still nothing you can not do yourself. It is not magic and it is not because it is Lifelock.
If a bank lent money to my sons ssn and identity due to fraud all it would tell me is that bank obviously is not doing thorough checks. |
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pandoraPremium
join:2001-06-01
Outland
kudos:1
1 edit | **NM** |
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 SteveI know your IP addressConsultant
join:2001-03-10
Yorba Linda, CA
kudos:5 | said by pandora: Tomorrow when I'm doing my daily business, someone at Lifelock who has knowledge, information and expertise in this area The highlighted-by-me part is the key here.
I happen to be smarter than most people, including almost everybody at LifeLock, but being smart is not always the most useful attribute in every situation.
Example: I'm smarter than Mike Tyson, but how's that gonna do me if I find myself in a boxing ring with him?
Experience trumps smart almost every day, and it trumps an independent spirit most of the time too. The folks at LifeLock are much smarter than me when it comes to the ins and outs of this area, and time will tell whether I'll be able to navigate my own ID theft experience. Maybe so, maybe not.
Anybody who says "LifeLock is a ripoff" is an idiot.
Anybody who says "LifeLock is not for me" is saying "I like chocolate, not vanilla", and can claim full membership among the decent people. |
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nonymousPremium
join:2003-09-08
Glendale, AZ Reviews:
·Callcentric
| Never said it was a ripoff. What they do is search data records endlessly to see if they match their clients. I can not do that. However, even though I may have something to protect I take the risk of not using them. ID theft most often is a loss to the business who gave out the credit. The cleanup of the credit is the victims problem. For my savings of not paying lifelock I am taking a risk I may need to clean up my credit. Since I am broke and currently not self employed if cleaning up my credit takes a few months no big deal. Lifelock may catch things faster and maybe clean it up quicker. I just feel the cleanup part is not that difficult and if it does take time I do not constantly use my credit so no big deal. If I counted on perfect credit daily then maybe lifelock would be ok.
Plus since I have an annoying troll attitude the places I would have to call to fix any ID theft credit problems would probably expedite it so they would not have to be annoyed by me.  |
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 EGeezerSummertimePremium
join:2002-08-04
Midwest
kudos:7
·Callcentric
1 edit | said by nonymous:Never said it was a ripoff. What they do is search data records endlessly to see if they match their clients. I can not do that. However, even though I may have something to protect I take the risk of not using them. If you read the OP's statements you'd see that nothing had been used in the child's name and they've gone beyond most people's efforts to keep the child's identity information secure.
... Since I am broke and currently not self employed if cleaning up my credit takes a few months no big deal. ...
That in itself is an observation that should help determine the applicability of your position to the OPs. Not everybody is broke and unemployed. You may find employment a bit harder to obtain (assuming you're looking) if your credit score is damaged. See »U.S. states may ban credit checks on job applicants
Many have substantial assets and credit reputations to maintain.
* In the "few months", a businessman could have his credit cut off and cash flow disrupted to the point of driving him out.
* Someone whose car dies could find it impossible to get a car loan to continue to be able to commute or use the car for work.
* Someone might have a kid in school and need a short term loan to pay next period's tuition and be unable to get it.
* Someone renewing his auto insurance may be denied or his rates jacked up based on his damaged credit score. (Yes, insurance companies use credit scores to set rates)
I'm not a Lifelock or credit watch user and, among other measures, keep track of accounts and reports. But I also understand the need for others who do use legitimate services.
I suppose it I had nothing to protect and didn't care about my financial reputation or getting a job, I wouldn't worry either. The gummint and charities would support me in the style to which I hope I never become accustomed.
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The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding. -- Justice Louis D. Brandeis |
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nonymousPremium
join:2003-09-08
Glendale, AZ Reviews:
·Callcentric
1 edit | said by EGeezer:said by nonymous:Never said it was a ripoff. What they do is search data records endlessly to see if they match their clients. I can not do that. However, even though I may have something to protect I take the risk of not using them. If you read the OP's statements you'd see that nothing had been used in the child's name and they've gone beyond most people's efforts to keep the child's identity information secure. ... Since I am broke and currently not self employed if cleaning up my credit takes a few months no big deal. ...
That in itself is an observation that should help determine the applicability of your position to the OPs. Not everybody is broke and unemployed. You may find employment a bit harder to obtain (assuming you're looking) if your credit score is damaged. See » U.S. states may ban credit checks on job applicantsMany have substantial assets and credit reputations to maintain. yes I have assets. Just broke. There is a difference.
Point is I am not buying a new car on credit this month so the short term damage caused would not be a problem. Just like someone with lifelock I can remove any permanent damage with some phone calls, maybe a letter and some time. I have the time so I have no problems.
Even without lifelock I expect I can clean my credit up before I need to use it again. Plus I do not expect it damaged more than a short time anyways not years. If for some reason I had trouble removing the damage I expect Lifelock would also have problems.
Plus all my contact info at all credit bureaus is correct, my phones work and I am not hiding. So if any place wants to confirm my info thru a credit bureau and take the time to contact me to see if a credit application is legitimate they can.
Any bank or store, etc. silly enough not to really confirm a scammers fraud before giving them a credit card in my name has caused their own problems. Not me. It would be fixed. |
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| reply to Steve
said by Steve:Anybody who says "LifeLock is a ripoff" is an idiot. Anyone who says "anyone who says LifeLock is a ripoff is an idiot", is misinformed.
For the purpose of protecting a child's credit, lifelock is entirely unnecessary, and expensive.
pandora could have registered his son's SS with all three credit bureaus and frozen his credit for a total of around $30. That credit freeze makes it impossible to take out credit in his sons name until it is unlocked. There is no time limit on the freeze, nor are there recurring costs.
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"Ubuntu protects you from malware in the same way that a Geo protects you from carjackers." -Anonymous |
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SteveI know your IP addressConsultant
join:2001-03-10
Yorba Linda, CA
kudos:5 | said by asdfghjklzx5: For the purpose of protecting a child's credit, lifelock is entirely unnecessary, and expensive. Who are you to say how other people "should" resolve the time-versus-money tradeoff? |
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| said by Steve:said by asdfghjklzx5: For the purpose of protecting a child's credit, lifelock is entirely unnecessary, and expensive. Who are you to say how other people "should" resolve the time-versus-money tradeoff? Who are you to claim that anyone who offers advice on how save a ton of money is an idiot?
Freezing your credit with all three bureaus is not a complicated process. I imagine it might take a little bit more time since you have to sign up with three different entities, but given the fact that lifelock costs $12.50 a month for one child, you are looking at spending an insane amount of money to save a few minutes.
Assuming lifelock's prices don't go up (which they will):
Lifelock for one child over ten years = $1500
Freezing your child's credit = $30
If five to ten minutes of your time is worth $1430 to you, more power to you.
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"Ubuntu protects you from malware in the same way that a Geo protects you from carjackers." -Anonymous |
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EGeezerSummertimePremium
join:2002-08-04
Midwest
kudos:7 Reviews:
·Callcentric
| reply to nonymous
said by nonymous:... I can remove any permanent damage with some phone calls, maybe a letter and some time. It's pretty clear you haven't had to deal with a major ID theft incident. For example, once someone has used your ID and SSN to report their income, and filled out W9s so they don't withhold, you'll need more than a letter to convince the IRS and your state taxation authority that you don't owe them the taxes the thief didn't pay when he worked. Discovering that little escapade could take years and you could be stuck dealing with thousands in back taxes and penalties in the meantime.
Dealing with medical ID theft (using someone's ID to get medical services under their name) could screw up your medical records as well as have some hospital collection agency hounding you for the bills.
Also just "some phone calls, maybe a letter " will still leave you in the lurch. An ID theft and affidavit is a necessary part of dealing with ID theft and protecting your rights under FCRA.
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The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding. -- Justice Louis D. Brandeis |
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SteveI know your IP addressConsultant
join:2001-03-10
Yorba Linda, CA
kudos:5 | reply to asdfghjklzx5
said by asdfghjklzx5: but given the fact that lifelock costs $12.50 a month for one child Given that Lifelock actually costs $2.50/month for a child, I'm not sure we should really buy into the rest of your reasoning either. |
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 Grail KnightQui audet adipisciturPremium
join:2003-05-31
Valhalla
kudos:6
·Time Warner Cable
| reply to asdfghjklzx5
quote:
There is no time limit on the freeze, nor are there recurring costs.
That is not entirely true.
To unfreeze the credit report some states do charge a fee.
In PA I have to pay $10 if I want to temporarily unfreeze my credit or remove it entirely.
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"I know what dude I am. I'm the dude playing the dude, disguised as another dude." |
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| reply to Steve
said by Steve:said by asdfghjklzx5: but given the fact that lifelock costs $12.50 a month for one child Given that Lifelock actually costs $2.50/month for a child, I'm not sure we should really buy into the rest of your reasoning either. The prerequisite for the child coverage is an adult account at $10 per month. Additional children would be only $2.50 per month extra.
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"Ubuntu protects you from malware in the same way that a Geo protects you from carjackers." -Anonymous |
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| reply to Grail Knight
said by Grail Knight: quote:
There is no time limit on the freeze, nor are there recurring costs.
That is not entirely true. To unfreeze the credit report some states do charge a fee. In PA I have to pay $10 if I want to temporarily unfreeze my credit or remove it entirely. Understood. I meant no reoccuring costs to keep the protection in place.
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"Ubuntu protects you from malware in the same way that a Geo protects you from carjackers." -Anonymous |
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Grail KnightQui audet adipisciturPremium
join:2003-05-31
Valhalla
kudos:6 | Thanks for clarifying that. |
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SteveI know your IP addressConsultant
join:2001-03-10
Yorba Linda, CA
kudos:5 | reply to asdfghjklzx5
said by asdfghjklzx5: The prerequisite for the child coverage is an adult account at $10 per month. Additional children would be only $2.50 per month extra. Ok, so you are suggesting that LifeLock customers are only buying coverage for themselves — which they do not want — so they can get coverage for their kids?
Any other below-the-line fees you wanna sneak in there to make your case? |
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| said by Steve:said by asdfghjklzx5: The prerequisite for the child coverage is an adult account at $10 per month. Additional children would be only $2.50 per month extra. Ok, so you are suggesting that LifeLock customers are only buying coverage for themselves — which they do not want — so they can get coverage for their kids? Any other below-the-line fees you wanna sneak in there to make your case? My original point was that for the purposes of protecting a child, lifelock is much more expensive and less effective than a credit freeze. Even at $2.50 a month, my point stands.
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"Ubuntu protects you from malware in the same way that a Geo protects you from carjackers." -Anonymous |
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