Mar 17

Experian Sues LifeLock

post Category: Current Events, Finances post postMarch 17, 2008

LifeLock which is a company that charges customers $10 a month to make their credit more secure however they do this at the expense of credit bureaus. Experian, one of the three major credit reporting companies is upset that LifeLock is costing them money to place fraud alerts for its members. Dan Goodin, a reporter for ‘The Register’, explains that Experian also generates a significant income from services that compete with LifeLock. The report also questions the effectiveness of LifeLock, however it’s CEO Todd Davis is very confident with LifeLock’s ability to protect himself from identity theft that he even has his actual Social Security Number listed on the lifelock website but at the same time cautions others not to follow suit. I guess if he does become a victim of identity theft at least he has his company’s $1,000,000 service guarantee.

« Information On The Economic Stimulus Payment
Finish Your Taxes In Less Than An Hour! »

1 person has left a comment

#1

He doesn’t but others shouldn’t? What’s that about?

*Marie* wrote on March 21, 2008 - 11:45 pm
You can leave a response, or trackback from your own site.

Write Your Comment

Comment Guidelines: Basic XHTML is allowed (a href, strong, em, code). All line breaks and paragraphs will be generated automatically.

You should have a name, right? 
Your email address, I promised I won't tell it to anyone. 
If you have a web site or blog, you can type the URL right here. 
This is where you type your comments. 
Remember my information for the next time I visit.