credit protection Archive
Credit monitoring services are the services which monitor your credit regularly and alerts you immediately if there is any change, like if someone tries to open a new account using your name. This way, they help to prevent identity theft.
Financial identity theft usually occurs when a person wants to steal somebody’s identity for financial gains, identity frauds or when the thief wants to make fraudulent transactions. At times the thief hacks the account so that the account holder remains unaware of the unlawful action and there he loses his credit protection too.
Identity theft prevention is very important to protect yourself from identity theft. Identity theft is the method of stealing and using someone else’s identity for fraudulent purposes which usually includes financial gain. The thief steals the identity of the victim by stealing his/her personal information.