TrustedID Review

November 18, 2018

Please Note: As of June 2016 TrustedID is no longer operating as a brand of Equifax. Please see our reviews of LifeLock or Identity Guard.

TrustedID is a very strong identity theft protection company with a service that is second to none. Their service offers complete protection from identity fraud and they back their service with a $1 million guarantee and identity theft experts to help restore your good name in the unlikely event you do become a victim.

TrustedID is great for families as it’s the only credit monitoring service that offers a family plan covering everyone living in the same household. So those who take care of an elderly parent or have a large family can save a lot with this discount.

Trusted ID’s suite of products for consumers is entitled IDEssentials, and contains several products that provide a comprehensive protection plan to help prevent thieves from damaging your credit, stealing your identity and creating havoc with your life. Here are the details.

The first line of defense in TrustedID’s identity protection arsenal is there daily 3 bureau credit monitoring (Equifax, Experian and TransUnion) with bonus credit score. This will notify you promptly via email of changes in your credit accounts that you can then check to make sure that all transactions are legit.

TrustedID also gives you an easy-to-understand way to gauge your risk of identity theft, called an Identity Threat Score, by assigning a score between 0 and 500 with 0 meaning you are not at risk. They calculate this score by using advanced technology, previously only available to large financial institutions, to search millions of public and private database records and then analyze the information (including personal, financial, credit, and more) for patterns that could indicate if you are – or are about to become – a victim of identity theft. These scan are routinely done and are the leading fraud detection tool.

TrustedID will also send you a free copy of your credit report from each of the three bureaus on a yearly basis, without you even having to request them. Trusted ID also monitors your credit card and bank account numbers in addition to your Social Security number, so you will get an email if any unusual activity is detected, as soon as it occurs, to help thwart any attempts to compromise your identity or credit. For example, when TrustedID finds your information online in a place where it shouldn’t be. There are many black market internet sites run by criminal organizations that routinely sell our private information and Trusted ID monitors them daily.

Fewer eyes should be passing across your credit file once you sign up for TrustedID. The company will remove your name and information from solicitors’ lists so third parties will not have access to your private credit information for marketing purposes thus cutting your junkmail and stopping those pre-approved credit card offers that thieves love to steal.

TrustedID offers a warranty of up to a million dollars if identity theft does occur while you’re a member. This money can be used to cover expenses you incur in recovering your good name, such as application fees for new credit, legal fees, and any missed work due to problems with your employment qualifications, etc. You will also gain access to company-provided services to help you restore your identity as quickly and efficiently as possible. It is great to know that if your identity was compromised you would have trained professionals on your side.

TrustedID has a 24-hour, 7 days a week customer service line staffed by experts in the field. The company can be contacted anytime if you have a problem, for any general questions or concerns you have about protecting your identity in addition to questions regarding its specific products and services.

Another thing that makes TrustedID stand out is the fact that it allows you the ability to “freeze” your credit at your discretion at all three bureaus. With the CreditLock service, you can place a “lock” on your credit files, denying both companies and individuals access to it. This means that even if you want to open a new account that you will have to contact TrustedID and “unlock” your credit files so a legitimate credit check can be done, such as when you are applying for a loan. This is a much easier task than contacting all three bureaus though it still takes a day or two to make your credit report available to creditors. There is an extra fee that varies by state for this additional service but it is great to know that if you are under attack you could simply call Trusted ID and take this extra precautionary step.

Trusted ID costs $170 per year for individual protection or $300 per year for family coverage.

Identity Guard® Review

March 24, 2018

Identity Guard Total Protection℠ is the best credit monitoring service from an outstanding credit protection company with a long and successful history.

We are currently updating our review of Identity Guard but in the meantime you can still get a discount.

Save 15% every year, just click here for protection from Identity Guard

Equifax Credit Monitoring Review

June 18, 2011

In 2014, Equifax purchased TrustedID which quite simply offers better protection with its ID Essentials package then anything reviewed below. Its not only a more comprehensive service but its also cheaper by quite a bit. Read the review below if you like but we think you would better off reading about Equifax’s new service TrustedID.

The credit bureau, Equifax, offers a variety of credit monitoring services that can help protect you and your family from identity theft. Instead of just one blanket service, Equifax has a few different ones. This way you can cater your credit monitoring to your needs or the needs of your family.

Traditional credit monitoring services
With each of these services you will get daily alerts of any changes to your credit file that could signal an identity thief is making fraudulent transactions in your name. These changes include but are not limited to new accounts being opened or your contact information being changed.

Also, all of these plans give you the security of a $1,000,000 ID Theft Insurance policy. This policy protects you from many of the costs associated with restoring your credit and accounts if you do become the victim of identity theft. Once you start using the service, identity theft is less likely to occur. But in case it does happen you will be covered. There is no deductible on this policy. Insurance underwritten by member companies of American International Group, Inc.

Equifax Complete
This is the most in-depth credit watch program that Equifax offers. With 3-in-1 monitoring you will be alerted daily of changes not just to your Equifax credit file but also to your files at the other two major credit bureaus, Experian and TransUnion.

Equifax Complete includes one 3-in-1 Credit Report with 3 scores, with details about what’s impacting each of your scores. The score power gives you your score from each of the 3 main credit bureaus plus a simulator that allows you to predict your credit score based on actions you take to improve it. It also includes unlimited access to your Equifax credit report and score.

If you want they will even give you additional identity protection through their Automatic Fraud Alerts feature.

Equifax Credit Watch Gold with 3-in-1 Monitoring
This service is similar to the previous one except you do not have the credit score benefits.

Equifax Credit Watch Gold
Again, a similar service. With this plan, you receive daily monitoring of your Equifax credit file only as opposed to your files at all three credit bureaus. This plan is the most affordable and it provides an ok level of coverage since the credit bureaus will usually share information but we do not recommend it unless you have other credit protection plans in place.

Why? If a creditor granted credit in your name through a different bureau and the information did not propagate to Equifax you would be unaware of the theft and could face a horrible experience restoring your credit and good name. There is also a delay in time from when a change in your credit report at one bureau propagates to the others.

Customer Service
Equifax has 24/7 customer service but unfortunatley credit bureau are not known for quality customer service.

Chase Identity Protection Review

January 27, 2010

Chase Identity Protection is a service for Chase cardholders only that monitors all three credit bureaus daily and includes monthly credit scores and reports from all three credit bureaus. You can see your credit score from Experian, Equifax and TransUnion and track changes to it monthly. The score provided is not your FICO score but this is the only negative of the service.

What we really like about Chase’s credit monitoring service, besides the fact that they aren’t a credit bureau, is that they give you instant online access to your credit reports and scores. No need to wait for snail mail here unless of course you want to. They also notify you automatically of any account changes in your credit file.

We also like their pricing, $11.99 a month. Chase does not use gimmicks, like “Free Credit Report”, then start charging you large sums after you free 7 day trial – a practice the credit bureaus used to do. Chase is upfront and provides you with easy cancellation by toll free phone and even if you cancel months in to the service they refund your last billed month. Now that’s treating the customer right.

Chase also includes identity theft insurance underwritten by Travelers Casualty and Surety Company of America in the amount of $100,000 which is a bit lower then most credit monitoring services. The insurance covers lost wages of up to $1000 per week, legal fees that have been pre-approved by Chase and other routine expenses, such as long distance calling fees, postage and other items related to recovering your identity.

Chase also offers assistance if an incident occurs and includes reviewing credit reports and access to well trained representatives who can help you correct inaccuracies in your credit report or fix incorrect account changes in your credit file discovered through daily monitoring. In the event of identity theft they also give you a case manager to work with who helps create a strategy on the best and most efficient ways to resolve the incident.

Chase is a well priced credit monitoring service that can be a good choice for Chase cardholders as you must be one to avail yourself of their service. Are there better credit monitoring services out there? Yes, there are. Identity Guard and TrustedID come quickly to mind and certainly offer better identity theft protection but sometimes it is better to deal with a company you are already dealing with and for Chase customers that may be there reason to fore go a few other benefits and stick with the company they are used to.

Help Protect your identity with Chase today. ***CardHolders Only