LifeLock Enters Agreement with TransUnion to Automate Setting of Fraud Alerts

LifeLock and TransUnion have entered in to an agreement that allows LifeLock to automatically place fraud alerts with all three credit bureaus through TransUnion. The agreement will save LifeLock the time and manpower to set fraud alerts manually and should allow them to be done in a more timely manner and with greater security. LifeLock CEO Todd Davis stated the following in regard to this agreement.

“Protecting consumers just became easier. While we have been growing our company by providing a strong layer of defense against identity theft, we have been looking to develop a business solution with the credit bureaus that takes advantage of leading technology and provides our members with a process unchallenged in our industry.”

LifeLock joins other identity theft protection services who already have similar agreements in place for the automatic setting of fraud alerts. TransUnion will continue to offer consumers the option to place fraud alerts and renew them every 90 days but feels they are offering consumers more options to choose from when it comes to protecting their identity.

“We believe in empowering consumers through education and choice. This effort will help ensure that regardless of whether consumers choose to manage their own credit directly through the services TransUnion provides or authorize LifeLock to handle those kinds of responsibilities on their behalf, their requests and personal information will be handled in a highly efficient and secure manner.”

TransUnion has seen the need for the automatic alerts as LifeLock has continued to enroll customers at a fast pace due to a strong desire for their service which places and renews fraud alerts every 90 days in addition to a number of other identity protection measures. Consumers interested in signing up with LifeLock can read our LifeLock review and receive a discount on their service of $11 per year. The promotion also includes the first 30 days of service free so you can try them out at no risk.