Lawyer General John Ashcroft referred to as identity theft “one of the quickest growing crimes in the United States”. Federal Trade Commission (FTC), the leading governmental agency which keeps records upon identity theft, estimates that over 9 million Americans (or 4.25% of all adults) tend to be victims of Identity theft on an annual schedule, resulting in $52.6 billion loss to businesses and also financial institutions. Even the 9/11 or September 11th hijackers had been believed to have been id thieves, using stolen passports and Social Security numbers to obscure their path. Beyond doubt, identity theft offenses have reached epidemic proportions along with subsequent catastrophic effects.
Identity theft crimes aren’t new, but they have grown to be more persuasive in the past decade. Advances inside computer hardware and computer software along with the growth of the net have significantly improved the role which identity theft plays in crime. Individuals can hire credit-monitoring services which alert them whenever there are changes in their credit report. One such company, Pre-Paid Legal Services, Corporation. in conjunction with Kroll, Inc. has evolved a unique solution regarding victims of identity theft. This service referred to as the “Identity Theft Shield” is available to Pre-Paid Legal Solutions members. With the Identity Theft Shield, you have the additional security of understanding that experienced professionals from the world’s leading risk consulting company are there to fight for you.
To avoid identity fraud, professionals recommend that you research your credit report regularly. The ID Theft Shield can make this task easier. You get prompt notices when any new company accounts are opened within your name or in the event that derogatory notations are added to your own credit report. On an typical, ID theft victims spend more money than 250 several hours and $2000 to clear their own names. With Identity Theft Shield available at merely $9.95/month, the cost of combating ID fraud crimes much less expensive. This monthly fee provides benefits to you, the actual member, and your husband or wife.
Truly, Identity Theft Shield is the most factual and comprehensive solution to ID theft restoration. However, occasionally, even the best backup plans Fail. Therefore, you must learn to depend on yourself to set up your own id theft shield and reduce your risk.