The problem with LifeLock and other credit monitoring services is they charge too much money for doing very little monitoring. And the credit bureaus want in on the money and they also charge too much.
Good idea, my grocery store offers the same thing. Ten cents a gallon for every $50 spent, up to 20 gallons. The price of diesel becomes bearable when you get a $1.00 or more off. maybe i should start doing that also since i can get the discount on gift cards also.
One good thing about branded gift cards is scammers cannot get the information off of them. Thus there is no need for "gift card monitoring services" - however, one must use the cards quickly or else these cards get forgotten ... personal experience ... I like the WalMart gift cards for buying gas, in my city they give 3 cents off on gas purchases at the Murphy gas stations on their parking lots, and it is much easier to go inside WalMart, get a gift card, then go to the gas station and use the card at the pump than to wait in line to pay cash before pumping. Waiting in line in summer heat or in bad weather is a waste of time. And I help an old friend with her finances with a gas gift card a couple of times a month.
My grocery store sells gift cards for groceries, as well as several other businesses, but i never really paid attention. I will now. Never really thought of it before, but that is a good idea, especially when the time period is running out and I really don't have much in the way of groceries to buy. I could load up on $100 in gift cards and get an extra 10 cents off, and then get ten cents off for every 50 I spend after that as well with the card.
You can assume what you like but I don't see the same implied laziness. What I see are long standing concerns that LifeLock oversells itself as a mile-wide security blanket which sends little CGI padlocks to infiltrate and disrupt criminal auctions of stolen personal data. It's understood that LifeLock did not perform on its more dubious promises, and did not consistently perform the promised services which were possible. It's understood that LifeLock's internal data security was a great ironic joke. Furthermore, LifeLock was spanked for millions by 35 state AGs and the FTC in 2010 and apparently learned nothing.
The problems for customers do rest on expectations, but not the ones you think. LifeLock has been asking people to place tremendous trust in its systems and business practices, collecting privileged data which can ruin a person's life in the wrong hands. They didn't tell anyone that their doors and windows were thrown open to thieves and that LifeLock was a fraud in its own right.
The FTC doesn't sue private citizens for being stupid with their money or having delusions of any "foolproof system". They penalize companies for creating conditions which *lead naturally* to that stupidity. Try not to forget that the majority of Americans don't have your professional background and are part of a miserably low "Least Sophisticated Consumer" standard. LifeLock customers were told they *were doing a smart thing* by trusting a house of straw could protect their data from the wolves. Those who truly respect healthy caution and self reliance would have avoided LifeLock altogether.
Thanks for that tip - I think the CreditKarma is the one that has the irritating ads on TV. Looks like a combo of Sleezy and Cheesy. Must be a combo word there...
Lifelock is..in a word WONDERFUL. I was the victim of IRS tax scam. Lifelock's adviser walked me through all of the items that needed to be done to further protect us and get our refund, which we just received last week. IRS said 6 to 9 months minimum. Lifelock alerted me to 2 attempts to take out Sprint accounts in my name. When I applied for a CC, I received an alert in 47 seconds. AllClear-ID PRO provided by Anthem BC sucks big time. They are still telling everything is fine.
I'm sure both Orson and Todd Davis will be satisfied with your testimonial. If only the rest of LifeLock's customers would share your enthusiasm, the FTC and ninety percent of the state AGs could spend their time on some other worthy problem.
Glancing back at the security officer's lawsuit from last year, I would note that when I install a deadbolt on my front door or an alarm system wired to my windows or a bunch of cameras to watch my property, I need those things to work all day, all night, all week, nonstop. System failure 73 percent of the time isn't good enough. A lock which can be defeated three out of every four days makes me demand a refund. One cannot stop a thief with misplaced faith.
I too was part of the Anthem breach and OPM. I signed up, just like you and I have never received any correspondence from them (other than an email with the usual new account stuff). Hmmm.. I better look into this. Thanks for posting.
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