TrustedID Review: Identity Theft Protection
|Sign up for TrustedID|
|Best value, especially for families; full credit report monitoring; exclusive 14-day free trial & 10% discount|
[Editor's Note: For a limited time, TrustedID is offering NextAdvisor visitors an exclusive 10% discount and free 14-day trial. There is no coupon code required to take advantage of this offer - just click on any TrustedID link from our site to receive the discount.]
TrustedID has been providing a great identity theft protection service for years, with features like 3-bureau credit monitoring, access to all three of your credit reports and scores, monitoring for your personal information in a variety of sources and medical record protection. TrustedID's features are now second to none, and in our opinion it is the best overall value in identity theft protection. It also offers a tremendous value for identity theft protection and credit report monitoring starting at just $9.38 per month (paid annually) using NextAdvisor's exclusive 10% discount and 14-day free trial (no need for a coupon code - just click on any link to TrustedID from NextAdvisor).
TrustedID's IDEssentials starts by offering strong identity theft protection features. TrustedID's Internet black market monitoring service monitors your personal information such as Social Security number, credit cards and bank accounts for any suspicious activity. It begins working as soon as you sign up by taking the Social Security number you used in the sign-up process and monitoring its use immediately. Adding all your credit/debit card and bank account numbers is quick and easy and you should do this right away. This service monitors the Internet's black market for the use of any of these account numbers and immediately alerts you if it finds any of your numbers are being bought or sold. TrustedID also monitors the Internet and public records for any changes to or misuse of your name, address, or Social Security number. In addition, it "looks back" 36 months to see if this information has been used fraudulently or suspiciously in the past ,and will alert you if it has.
TrustedID is the only service we've found that also gives you medical record protection. The service will help you request your medical benefit history from all your providers so you can make sure no one else has been receiving benefits in your name. They then monitor your account for any suspicious usage on an ongoing basis.
When you sign up for TrustedID you are given an Identity Threat Score, with additional information about any other steps you may need to take to protect yourself. This score provides a gauge of your individual risk level based on an analysis of the various records and databases that TrustedID monitors. Your score will help TrustedID's protection specialists determine the necessary steps to proactively protect your identity.
In addition, TrustedID helps you send letters to opt out of junk mail in general and credit card and other lending offers in particular. Not only do these clog your mailbox and kill trees, but they are also a prime target for identity thieves to steal, gain your personal information and open a credit card account in your name.
You will get access to your credit scores and reports from all three bureaus as soon as you sign up for TrustedID, as well as your three-bureau credit report monitoring. While three-bureau credit monitoring is not included in all identity theft protection services, we think it's a very valuable id theft protection tool and a last line of defense to detect financial account identity theft when other methods may have failed to prevent it. We also think monitoring all three bureaus is critical as many financial accounts only report to one of the bureaus. Thus, IDEssentials is actually one of the better-priced credit monitoring services out there in addition to being a great value for identity theft protection. Since the service includes reports, scores and monitoring of all three bureaus, it's also one of the most complete. The only thing it lacks is frequent updates to your credit scores and reports as the ones you get at sign-up are only updated annually, and not quarterly or monthly like some of the other identity theft protection services we review. Of course, you'll be able to continue tracking any changes to your credit reports with the credit monitoring which is an ongoing part of the service, but you won't be sure how exactly how these changes affect your score.
For those that want to take the additional step of setting fraud alerts on their credit files, Trusted ID has developed a simple interface that walks you through the process of setting your own fraud alerts online with Equifax, one of the three major credit bureaus. Once your fraud alerts are set, Equifax will notify the other two credit bureaus, Experian and TransUnion, on your behalf and fraud alerts will be set on your credit files at those two bureaus as well. After you set your fraud alerts the first time they will need to be renewed every 90 days and TrustedID sends an email notification that reminds you to reset your fraud alerts before they lapse.
TrustedID's ID theft service warranty starts the moment you sign up and covers you for up to $1,000,000 in costs to recover from identity theft. While this is a great benefit, direct monetary losses from identity theft are almost always much less, since you are not legally responsible for paying any fraudulent debt accumulated by a thief. The real cost of identity theft is the loss of ability to get credit for an extended period of time, the time and effort it takes to restore your good name, and many other adverse consequences that can even include mistaken incarceration. Thus, we think the most valuable part of the warranty is the identity theft restoration service that TrustedID gives you as part of the warranty. In the extremely unlikely event that your identity is stolen while you're a TrustedID member, they will pay for and perform all the tasks necessary to restore your identity, which can be extremely time-consuming, difficult and costly. We've found TrustedID customer service representatives to be very helpful and easy to reach at any time of the day or week.
TrustedID's pricing structure offers a choice of individual plans or family plans. An individual plan costs just $9.38/month when paid annually, or $13.49/month when paid month-to-month. The family plans costs $18/month when paid annually or $25.19/month when paid month-to-month. TrustedID is a particularly good value for large families, as the family plan is a little less than twice as much as the individual plan. You can add everyone in your household, so it makes sense if you have at least two people in your household. You should note that the family plan limits credit monitoring, credit reports and credit scores to two adults, but all the rest of the protection can be provided to everyone at your address.
Overall, TrustedID offers a great identity theft protection solution and a comprehensive yet cost-effective option for those serious about preventing identity theft. With strong features like vigilant monitoring for your personal information, 3-bureau credit reports and scores, 3-bureau credit report monitoring and medical record protection, it's a terrific choice.
NextAdvisor Identity Theft Protection Blog Headlines
JP Morgan Chase Hacked: Warns 465,000 Customers
JP Morgan Chase alerted roughly 465,000 of it's prepaid cash card customers that a data hack occurred back in July may have revealed information to hackers, according to Reuters. The big bank didn't specify what information was revealed in the hacking, however it did suggest that it didn't include personal information ? such as social security number, birth [...]
Nearly 2 Million Stolen Google, Facebook and Twitter Passwords Posted Online:...
More than 2 million users' passwords for social networking and email websites including Google, Facebook, Yahoo, Twitter and LinkedIn were stolen and published online, according to the BBC. The information was taken from computers that have been infected with a malicious keystroke logging software, allowing the hackers to gather information directly from the browser. Security experts [...]
Will Kinect For Xbox One Invade Your Privacy?
With the release of Xbox One on November 22, it's no surprise that parents are planning to pre-order or purchase the game console for their children. Even though this updated console seems like a harmless purchase, Xbox One includes an update of a feature called Kinect that may be unknowingly invading your and your child's [...]
Facebook Is Requiring Hacked Users to Change Password
When you log into Facebook this week, you may be asked to change your password via the message below. It?s a precautionary step the social media giant is taking to protect its users whose information may have been exposed in the October Adobe hacking, which revealed passwords for up to 150 million customers. Facebook is [...]
TrustedID Forum Posts
- What is the safest credit card for purchasing items online?
As far as we know, no credit card is "safer" than others for online purchases because consumers are only liable for a maximum of $50 in...
- Can I talk to a representative via phone?
TrustedID customer service representatives can be reached by calling ...
- Does TrustedID offer computer security software?
Unfortunately, TrustedID no longer offers its Internet security software, so you won't have to remove or adjust your Kaspersky software.
- Does TrustedID offer computer security software?
For the free computer monitoring does it require the removal of any exsisting hardware like Kaspersky
- Can I talk to a representative via phone?
I would like to speak to a representive, please, preferably by phone or email