How Does ProtectMyID Stack Up Against Other Credit Monitoring Services?
If you are looking for an advantage when it comes to have your identity protected, then you might consider joining up with ProtectMyID. Why? They are a part of the family of services that are provided by Experian Online, meaning that they have a direct link to your credit profile and information. Combine identity protection with the specific analytical tools that have caused Experian to grow into a billion dollar company serving customers in 80 countries, and you’ve got yourself a powerful identity protection partner on your side.
How Does ProtectMyID Monitor Your Identity?
Surveillance Alert is an e-mail and SMS alert application that monitors your credit report for over 50 different types of indicators for possible identity theft. Some common examples that you would be able to see would be if an account was sent to a collection agency, whether a new loan was opened up under your name, or if someone was trying to open up lines of unsecured credit – like with a credit card.
This credit surveillance is particularly good in eliminating a new type of identity theft that is intended to help pay someone else’s medical bills. By submitting your identity to a hospital or a clinic, the hospital will begin billing you and potentially your insurance for services. ProtectMyID monitors daily for changes in your credit reports and can help stop medical fraud as soon as it is discovered.
ProtectMyID also monitors for the introduction of your Social Security number into sources where identity thieves might be able to access it. Think of it as checking the “identity theft black market” for your personally identifying number. This helps to keep your core identification materials safer from compromise than just by monitoring the internet for events that have occurred after your number has been stolen.
Change of Address Monitoring
One of the common ways that thieves start planting the seed for an identity theft incident is when a thief submits a change of address card at the post office, which then directs your mail to the thief. ProtectMyID monitors change of address notifications at the national level and notifies you if something unusual happens with your address.
Children and Family
ProtectMyID also offers programs that help to protect the identities of your children and advice on how to protect loved ones that may have passed away.
How Does the ProtectMyID Alert System Work?
ProtectMyID primarily utilizes e-mail and SMS texts to alert their customers that there is a possible identity theft that has been identified. These alerts occur the moment there is new data added to your identity, which then allows you to be able to determine if that new data is authorized or not. If you do not have any new data added within a month’s period, then you receive an all clear e-mail from ProtectMyID.
ProtectMyID also offers a mobile app for smartphone users that shows a list of all alerts that have been received. It also lets you take an identification theft risk assessment so that your current lifestyle and habits can be evaluated and possibly improved. You also receive one touch assistance to get in touch with a Theft Resolution Agent should you encounter an alert that you feel needs to be investigated.
Recovery Assistance from ProtectMyID
Since ProtectMyID is part of Experian, their resolution services connect the customer with the best specialists in the field for repairing the damage done by identity theft. Being part of this exclusive credit agency group means that resolution specialists know where to go and what to do in order to protect you from any further damage.
ProtectMyID offers users a $1,000,000 insurance policy against an identity theft incident and a $2,000,000 policy for every child’s identity theft event that occurs while covered with a valid program. This helps to pay up to a month’s worth of lost wages, for filling out the paperwork required to restore your identity, legal costs, compensation for unauthorized money transfers, and any costs for a private investigator.
ProtectMyID is Easy to Use!
Setting up your identity protection through ProtectMyID is simple. All you need to do is fill out your personal information into their secure database, and then ProtectMyID does the rest. You get access to the important numbers that you need to contact a Theft Resolution Agent, a free mobile app, and alerts sent directly to your e-mail or by SMS text if you choose that method to know when something nefarious is going on. Membership also gives you access to the Experian set of financial tools that can help you grow your net worth.
Additional Tools and Features
Lost Wallet Protection
This is probably one of the scariest of incidents when you lose your wallet with all your credit cards, medical IDs, social security number, driver’s license, and any number of other important documents. All of these cards could be used maliciously by the identity thief. If you have ever lost a wallet, you know you will be making a lot of phone calls to cancel credit cards, get new insurance cards, and order replacement debit cards.
During the lull between when your child is born and when they reach their early adult years, an identity thief can get the child’s social security number and do many damaging things with it. The worst part is that it often goes undetected for years since no thinks to check their child’s credit report.
Pricing & Value
You can sign up today for ProtectMyID for just $15.95/month. You can click here to sign up for a $1.00 / 7 Day trial and only pay $19.95/month after. Children can be added through ChildSecure for an additional $6.95/month per child.
You can enroll today with ProtectMyID to start securing your identity
Protect Your Credit Today
Though ProtectMyID may not give you access to free credit scores, they do give you benefits in other ways with protections of your identification materials that other organizations do not. With the Experian relationship, you also have a direct link to your credit report so that you have an immediate knowledge of any potential identification theft events. This allows you to be able to be more proactive in protecting yourself. If you’re looking for a fast and affordable way to protect all of your assets, ProtectMyID is the company for you. Enroll today and experience identity protection the Experian way!