ID Theft

Who provides the best credit card monitoring service to prevent from ID theft?

Public Comments

1. Credit monitoring doesn't prevent ID theft because you are only notified after someone has applied for credit. It's best to safeguard your personal information w/ these measures: http://www.consumerreports.org/cro/money/credit-loan/identity-theft/identity-theft-1003/overview/index.htm http://www.consumersunion.org/creditmatters/creditmattersupdates/001637.html http://www.bankrate.com/brm/news/pf/identity_theft_20070516_a3.asp However, it is still worthwhile to check your credit reports to make sure you are in the clear. "Foley's recommendation: set up your own mini-monitoring service by requesting your free credit report from each of the bureaus. "Check one the first four months of the year. Second four months, you check another one. Third four months, you check the third one." http://cbs2chicago.com/seenon/local_story_221101947.html Related link: http://www.bankrate.com/brm/news/pf/20061113_doityourself_credit_monitoring_stories_a1.asp?caret=7 Review of credit monitoring services: http://www.bankrate.com/brm/news/pf/20061113_credit_monitoring_stories_a1.asp?caret=6
2. Most of the credit card companies are doing that. I got a call from one company Amalgamated Bank of Chicago, ABOC, when I did a bit of charging on a weekend. They did actually call me, and asked me whether I had actually done the charges. They apologized, but I told them that I really appreciated it. Come to think of it, they are the only ones to do it. I suspect though that most monitor your accounts to see unusual activity. Don't ever buy their anti fraud insurance as US law makes you only liable on the first $50.
3. You should be carefull