How safe is your credit data?

There are so many ways now for people to secretly steal your confidential information. As useful as the World Wide Web is, it also has become a haven of deceit and fraud. So what happens to you financial account online? There are three credit-reporting services, as you may know, the Experian, Equifax and TransUnion. Now to make your data more secure to the slightest detail, lifelock filters down potential threats to an ‘initial fraud alerts’ in the data held by those three companies. What it does is that it requires “additional steps for verifications of a creditor’s credentials before giving out information contained in the records; and by the option to not to receive junk mails (not flooding you inbox), which are by the way pre-approved by the bureaus, credit company can not easily sell your data if they should. That is more secure. Consumers are then more protected against fraud.

February 29, 2008 | Filed Under business and economy, frontier reviews, real estate and finance 

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