In today's digital age, safeguarding your identity is one of the most important ways to protect your financial fitness.
Identity theft protection services promise peace of mind and proactive measures to mitigate the risks associated with identity theft. Yet, some people are skeptical about the need to purchase such protection.
Here are eight compelling reasons why investing in identity theft protection is worth it.
If you’re over 50, take advantage of massive discounts and financial resources
Over 50? Join AARP today — because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.
How to become a member today:
- Go here, select your free gift, and click “Join Today”
- Create your account (important!) by answering a few simple questions
- Start enjoying your discounts and perks!
Important: Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up 25% off your AARP membership, making it just $12 per year with auto-renewal.
It consolidates your identity theft protection efforts
By centralizing your identity theft protection efforts under one comprehensive service, you streamline the process of monitoring and safeguarding your personal information.
Having a single platform monitor the security of your identity across multiple accounts provides a more efficient and coordinated approach to protecting yourself from potential threats. This consolidation eliminates the headache of managing multiple security measures.
It monitors your credit
Identity theft protection services keep a close eye on your credit reports and alert you to any suspicious activity or unauthorized inquiries.
These services can also let you know about activities such as hard inquiries from lenders, changes to your address, and loan and credit card applications made in your name.
It helps you catch threats early
By monitoring your credit file regularly, identity theft protection services help you detect threats to your financial well-being early on.
Real-time alerts and notifications allow you to take immediate action to prevent further damage to your financial reputation.
Resolve $10,000 or more of your debt
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 46% before fees, or 25% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.
It helps monitor activity on the 'dark web'
Identity theft protection services use advanced technology to monitor activity on the “dark web,” a shadowy area of the internet where stolen personal information is often bought and sold.
These services can identify if your information is being traded illegally, allowing you to take proactive measures to protect yourself. By monitoring the dark web, these services provide an additional layer of defense against cybercriminals looking to exploit your personal data.
It can help reimburse you for some costs
Many identity theft protection services offer financial reimbursement for certain costs incurred as a result of becoming a victim of identity theft.
For example, these services might offer identity theft insurance that reimburses you for legal fees or lost wages due to time taken off work to resolve the issue. This added layer of financial protection provides peace of mind and helps alleviate the financial burden associated with identity theft.
Trending Stories
It lets you tap into professional help if you need it
In the event of identity theft, identity theft protection services typically give you professional guidance to help you navigate the recovery process.
Whether you are contacting creditors or disputing fraudulent charges, being able to turn to expert support can make the daunting task of resolving identity theft more manageable.
It gives you peace of mind
Finally, paying for identity theft protection helps give you peace of mind. Identity theft is rampant, and crooks are getting better at perpetrating these schemes.
You might sleep better at night knowing you are protected 24 hours a day. It’s hard to put a price on that.
Bottom line
As we navigate the digital world, protecting our identities is paramount. Identity theft protection services offer a proactive and comprehensive approach to safeguarding your personal information and minimizing the risk of identity theft.
So, if you want to protect your identity and potentially keep more cash in your wallet — and out of the hands of scammers — consider paying for an identity theft protection service.
Lucrative, Flat-Rate Cash Rewards
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
Wells Fargo Active Cash® Card
Current Offer
$200 cash rewards bonus after spending $500 in purchases in the first 3 months
Annual Fee
$0
Rewards Rate
Earn unlimited 2% cash rewards on purchases
Benefits
- Low spend threshold for its welcome offer — $200 cash rewards bonus after spending $500 in purchases in the first 3 months
- Cell phone protection benefit (subject to a $25 deductible)
- Can redeem rewards at an ATM for literal cash
Drawbacks
- Foreign transaction fee of 3%
- No bonus categories
- Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
- Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
- Earn unlimited 2% cash rewards on purchases.
- 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
- $0 annual fee.
- No categories to track or remember and cash rewards don’t expire as long as your account remains open.
- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
- Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.