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3 Best Identity Theft & Credit Protection Services Review: +Free Tips

Rachel Carey
Financial Guru
Updated: 6/2019
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Table of Contents

Introduction

In this article, we will learn more about how people can protect themselves better against the crime of identity theft with the aid of three of the top protection services currently operating.

OUR TOP PICK
LifeLock

Why LifeLock?

  • Lifelock is partnered with Norton, one of the leading digital security companies.
  • They have flexible plans starting at $9.99 a month to $29.99 a month.
  • They offer products for individual consumers and businesses.
  • Lifelock was awarded 2016 Online Trust Honor Roll for its excellence in consumer data protection.
Try LifeLock

LifeLock

LifeLock is probably the best known among the current crop of credit protection companies. While Identity Guard has partnered up with IBM Watson to provide their services, LifeLock has teamed up with Norton.

Read more about how LifeLock and Norton work together to protect their clients below.

Best Identity Theft and Credit Protection Services

Features

Similar to Identity Guard, LifeLock provides clients with three plans to choose from. Notably, the differences between their three plans are more significant than what can be seen in IdentityForce and Identity Guard’s offerings.

Features that are available across all three of LifeLock’s plans include alerts that will inform you if activities involving your credit and social security number are being conducted. You will also be asked if you have changed your address at the U.S. Postal Service. This will be done to ensure that your identity is not being used maliciously.

LifeLock will also look through the dark web for any traces of your personal information.

No matter how good the protection you receive is, there may still be times when things go wrong. LifeLock accounts for that by providing clients with a restoration team as well as lost wallet protection.

You will also be given access to their privacy monitor.

Reimbursement for stolen funds, compensation for personal expenses, and coverage for lawyers will also be provided to you.

Notably, the level of reimbursement and compensation you are entitled to receive will vary depending on the plan you signed up for.

Also varying depending on the plan you choose to get is the type of credit report you will receive. The Standard and Advantage plans from LifeLock will entitle you to credit monitoring from one bureau, while the Ultimate Plus plan will give you a report containing data from all three major credit bureaus.

Advantage and Ultimate Plus members will receive alerts for their bank and credit card activities and any crimes that may be committed in your name. Notifications for any data breaches and suspicious activities related to your identity will also be provided.

If you are an Advantage member, you will receive a credit report and score from one bureau. By signing up for an Ultimate Plus membership, you will be given credit reports and scores from all three bureaus.

Ultimate Plus members will also have their credit score tracked monthly.

You will also be made aware if your 401(k) is being tinkered with and if your bank account is being taken over. LifeLock will also check for your name in file-sharing network searches and sex offender registries. You will also be given priority service if you need customer support.

Pricing

The LifeLock Standard plan will cost $9.99 per month, and the Advantage plan is currently priced at $19.99. LifeLock’s Ultimate Plus plan is the most expensive of the plans detailed as it costs $29.99 per month. For more details refer to our full LifeLock cost review page.

Prices for all three plans will go up after the first year.

 

ALSO GREAT

IdentityForce

Why IdentityForce?

  • The company has been the recipient of numerous accolades in the industry.
  • They have worked with several Global 1000 companies.
  • Offers variable plans to suit your budget and protection needs.
  • Sends alerts to clients about any changes to their identity or credit.
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IdentityForce

The first identity theft and credit protection service we’ll discuss is IdentityForce. The folks at IdentityForce proudly inform potential clients that they have been the recipients of numerous industry accolades and that they have also worked with Global 1000 companies.

Let’s take a closer at what IdentityForce brings to the table.

Best Identity Theft and Credit Protection Services

Features

IdentityForce offers potential clients the opportunity to sign up for either their UltraSecure or UltraSecure+Credit plans.

Present across both plans are features designed to help a client monitor his/her credit scores and identity as well as protect his/her identity. IdentityForce will also provide alerts if any changes are made to a client’s identity or credit, and the company also offers their clients with ways to get back on their feet should they indeed be targeted by an identity thief.

There are aspects of your identity that may be altered all of a sudden if someone has unlawfully gotten a hold of your identity, and IdentityForce will keep tabs on those.

The company will constantly check on your address to see if it has changed without warning or if your name has turned up in court documents with no good reason. If a financial institution or commercial company requests your credit report, you will be made aware of that as well. Some thieves may attempt to avoid capture by keeping their robberies small, but the plans from IdentityForce have built-in features designed to protect against that as well.

IdentityForce will also look for suspicious activity being conducted under your name in places where you may not think to look such as the dark web and registries for sex offenders. Given how prevalent the use of social media is these days, you’ll be grateful for the company also watching those sites and relaying any potential problems to you.

Greater control over your identity and credit will also be provided by IdentityForce.

The company offers two-factor authentication. This is one of the standout features of IdentityForce, and it provides you with additional security.

Even in the unlikely event that someone is able to take hold of both your user ID and password, they will still not be able to access your account with IdentityForce because of the additional layer of protection that comes in the form of a verification code that will be sent as a message to either your email address or your phone number, or you can also receive it via a phone call.

Losing your wallet can often be a huge source of stress, but IdentityForce will help you manage that by quickly canceling any cards that may have been in it.

You will also receive notifications from the company if suspicious activities related to your social security number, bank accounts, and credit cards are detected. An option to opt out of junk mail databases will also be presented to you.

Should a truly masterful thief still manage to grab hold of your credit and identity, IdentityForce provides insurance that will cover lost wages and expenses, and the company will also help you reclaim your identity faster.

If you opt to sign up for the company’s UltraSecure+Credit plan, you will also receive frequent updates regarding your credit score at the three major credit reporting agencies – Equifax, Experian, and TransUnion.

There’s also a standard app that will help you keep track of all that information.

Pricing

Protecting your credit and identity is not something you can do on the cheap, but IdentityForce does offer more affordable packages compared to their main competitors. Their base UltraSecure plan is available for $17.95 per month or $179.50 over a full year, while their UltraSecure+Credit plan is one you can purchase for $23.95 per month or $239.50 for a year.

ALSO GREAT

Identity Guard

Why Identity Guard?

  • Identity Guard uses IBM Watson to provide protection to clients against identity theft.
  • Offers a unique early warning system so you will know if your data is at risk
  • Features a comprehensive and thorough analysis of your data and activity on the web.
  • Offers identity theft insurance and a case manager will be tasked to handle your case, in the event of fraud or identity theft.
Try Identity Guard

Identity Guard

Companies that protect your identity and credit often make use of sophisticated pieces of software to get the job done. In the case of Identity Guard, they rely on IBM’s Watson to help their clients.

So, how well does Identity Guard make use of IBM’s Watson in terms of client protection? We’ll learn more about that below.

Best Identity Theft and Credit Protection Services

Features

Unsurprisingly, Watson is heavily integrated into the services provided by Identity Guard. Watson will constantly pore through websites and online databases in search of any references to your identity. If Watson does indeed find something worthy of being reported, you can rest assured that you will be made aware of it right away.

Identity Guard is utilizing Watson in a way that will protect you better because it is proactive. Even if the threat has not yet fully materialized, you can expect that Watson will take note of it and tell you more about it. This early detection system will protect you from possible scams, breaches, and any pieces of malware that may attempt to illegally access your data.

The company will also let you know if there are high-risk transactions taking place involving your accounts. Applications for payday loans, utility services, and cell service will also be monitored. The corners of the dark web will also be scoured by the company to see if your personal information is being used there.

If you decide to get either the Total or Premier plan from Identity Guard, you will also be supplied with a monthly credit score as well as notifications that will detail any changes to your credit profiles at the major credit bureaus.

The Premier plan also entitles you to an annual credit report that contains data supplied by Equifax, Experian, and TransUnion.

Also coming your way courtesy of Identity Guard is a risk management score. This score will serve as an indicator for how well you are protecting yourself against identity theft, and it also shows you how the things you do on a daily basis can affect your credit score.

Identity Guard will continue to assist you even if you do run into some problems. The company provides identity theft insurance and a case manager will also be assigned to take control of your situation. The case manager will continue to keep track of what’s going on with your personal information for up to 60 days after the issue has been resolved.

You can opt to manage your account at Identity Guard through their website. Your personal account comes with an interface that you should be able to familiarize yourself with in a hurry. An extension will keep your account safe from malware. A mobile app will also be made available to you.

The social insight report is an extra feature that you will receive if you sign up for Identity Guard’s Premier plan. This report will contain a Watson-powered analysis of your Facebook account. The report will tell you how you can improve your online profile at that social networking site.

Pricing

If you are content with securing even just the essentials of identity theft and credit protection, then Identity Guard presents you with a great deal to consider. Their Value plan is available for $8.99 per month.

Their more expensive Total and Premier plans are available for $19.99 and $24.99 respectively.

Best Identity Theft and Credit Protection Services Review

Background

The numerous technological breakthroughs achieved throughout the years have led to the creation of an ultra-modern society that can operate without a hitch every hour of every day. It’s honestly exciting to see where things are right now and then know that even more advancements coming down the line will serve to improve our current state even further.

There’s no denying the positive impacts of technology, but it’s also important to acknowledge that the aforementioned advancements have not always been used for the benefit of society as a whole by those who have access to them. Some have even used the advancements made available to them to commit some truly damaging crimes.

Identity theft may have been a kind of crime that was already possible long ago, but seemingly more people have become more emboldened to attempt it now because they can pull it off using some technical know-how as well as some plain old dirty tricks. Even if you are careful, that doesn’t necessarily mean that someone will not attempt to steal your identity for their gain.

Here’s the good news though: Just as modern technology has unwittingly made identity theft a more accessible crime, modern technology has also provided people with ways to protect themselves against having their identities stolen.

What Is Identity Theft?

Before we discuss the aforementioned identity theft and credit protection companies, let’s first discuss what the crime itself is actually about.

Most people understand that identity theft is essentially about an individual obtaining another individual’s personal information in order to complete some financial transactions while assuming the victim’s identity. That way, the money will be taken from an unknowing victim who may only find about the transactions later on, and by that point, it may be too late to do anything.

That is indeed a classic case of identity theft, but there are so many more layers to it.

For example, the process of stealing someone else’s identity can now be done in a variety of ways.

It’s still possible to pull that off the old school way by somehow obtaining physical copies of documents that contain an individual’s personal information, but because of technology, that’s just one way to get that done.

If you’re using an ATM, there’s a chance that some nefarious individual has installed a card reader there to obtain your card information. Phishing attacks have also become more prevalent, and they involve criminals impersonating reputable individuals in order to trick you into giving them your credit card or social security information.

Even if you are personally diligent about using machines that access your bank-issued cards and can sniff a phishing attack from a mile away, you’re still vulnerable to those thieves who prefer to obtain information by simply just hacking into people’s accounts or into company databases.

Put it this way, if there’s some way to obtain someone’s personal information through illicit means, the thieves have probably already come up with it.

To make things even more troublesome for victims of identity theft, the people who now have their information illegally can also choose to deploy their newfound weapon in different ways.

As mentioned earlier, a thief can use that information to simply purchase products and services under your name or perhaps even take on some debt knowing that you will be the one who will be on the hook for it.

Some may take it a step further by taking on your identity to escape their own responsibilities. An individual wanted by the law may steal your identity just so he/she can move about freely again. If, for whatever reason, someone holds a grudge against you, that person could steal your identity and tarnish your reputation while assuming it.

The grim reality of identity theft is that it’s not just something that could potentially set you back a few bucks. If someone with malicious intent gets a hold of your identity, that person could quite easily choose to ruin your life, and you may not be able to prevent that from happening until significant damage has already been done.

Needless to say, protecting yourself against identity theft is hugely important. You can certainly do things on your own to protect your information, but it will certainly be easier to do that with the help of some experts.

What Is Credit Protection?

One of the best ways for people to ensure that they are protected from identity theft is through keeping an eye on their credit score.

The credit score is a measure of an individual’s ability to pay back accrued debt, and while it may fluctuate quite often because it is based on many active variables, drastic changes to it should not come as a surprise to the person it is attached to. After all, a person’s financial activities determine what the credit score will be, so they should be fully aware of when it should change significantly.

If you leave your credit unprotected, then someone with your information could pile up credit card debt under your name and then simply neglect paying that. Along with being on the hook for purchases you did not make, it may also become tougher for you to secure loans in the future because your credit score has gone down significantly.

By monitoring and protecting your credit score, you become hyper-aware of your financial transactions and are thus made better equipped to identify any suspicious activity and you will also make it tougher for thieves to use your identity for their own gains. Credit Sesame is an example of a service that allows you to check and monitor your credit score. You also have myFico which offers 3-Bureau monitoring to check your scores from the 3 credit bureaus. Credit locks and credit freeze can also be implemented by the credit bureaus in the event of identity fraud. 

Identity theft is a serious crime and the people affected by it may have their lives turned upside down. With staying connected online being a necessity in this modern world, it is also imperative for people to do all they can to protect themselves against having their identities stolen.

The companies detailed above – LifeLock , IdentityForce, and Identity Guard – provide you with different ways to protect yourself, and it’s up to you to decide which among them presents the best combination of value and security.

FAQ

The world today is experiencing an unprecedented level of convenience, largely thanks to our ability to see, hear, and act across great distances with little effort. But the same technology that allows you to buy something without leaving your chair or have a meeting with people who are miles away enables bad people to steal from you and defraud you.

Providers of identity theft and credit protection services would like you to believe that you absolutely have to use their services if you don’t want someone to steal your information and your money. But just how good those services are, whether they are worth the expense, and whether you need them at all is left for you to consider. This FAQ section should help answer at least the basic questions.

General Questions About Identity Theft Protection

Identity theft protection is a broad field, and for the regular consumer, it’s relatively new. For the people who are just waking up to the fact that their identities can be stolen and used in criminal actions, here are the very basic questions about identity theft and protection against it.

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Do I need identity theft protection?

If you have a bank account, an email address, or a social security number, then yes, you need identity theft protection. At the very least you need to have an awareness of the threat of identity theft.

Why do I need identity theft protection?

Identity theft is a growing issue. Someone who steals your identity can benefit at your expense and cause you a lot of hardship and financial damage.

Is identity theft protection tax deductible?

If your employer provides you with credit monitoring or other services that protect your identity, they do it tax-free. It doesn’t matter whether a breach happened or not.

Is identity theft protection worth it?

Every single thing that can stand between your identity and someone looking to steal it can be worth it. Keep in mind, however, that theft protection tools and practices are only good if they can protect you from the threats you are exposed to.

How much identity theft protection do I need?

You should have at least the basic safety solutions for all of your online devices. Enabling credit and bank account alerts is also a good idea, as is learning about safe web browsing practices. These things alone will provide you with a basic level of protection.

Should I pay for identity theft protection?

Whether or not you should pay for identity theft protection depends on the type of threats you are facing. You can do a lot to protect yourself for free. If you need advanced identity theft protection, you will have to invest in it.

How do identity theft protection services work?

Most identity theft protection services work by monitoring your financials, credit reports, and keeping an eye on the Dark Web for your information. These activities do not prevent theft — they only minimize the results from a theft. Some will also provide you with security software which might can actually protect you.

What is identity fraud protection?

Identity fraud protection is a set of services, tools, and practices you can use to protect yourself from identity fraud. Identity fraud protection protects you from someone misusing your identity.

What is identity theft protection insurance?

Identity theft protection insurance is, as its name says, insurance for cases of identity theft. The protection allows you to reclaim any expenses you accrue in your quest to reclaim your identity.

What federal laws protect individuals against identity theft?

The law that originally made identity theft a crime is called The Identity Theft and Assumption Deterrence Act of 1998. The Identity Theft Penalty Enhancement Act of 2004 further defines aggravated identity theft, and the Identity Theft Enforcement and Restitution Act of 2008 allowed identity theft to be treated as a federal crime even if the victim lives in the same state as the perpetrator. Also, the Fair and Accurate Credit Transactions Act and the Fair Credit Reporting Act provide the tools individuals can use to discover identity theft.

Practical Advice for Identity Theft Protection

If you are aware of the risks that come with something as common as having a bank account, you’ll probably want to know what you can start doing today to protect yourself. These questions should give you some practical steps you can take to make your personal information and identity safer.

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How to protect yourself from identity theft?

A good way to protect yourself from identity theft is by learning about the common ways people’s identities get stolen. Changing your online behavior is usually the first step, and it’s followed by a security audit on existing accounts and beefing up security software.

How to protect your identity?

You protect your identity by not allowing bad actors access to information about your identity. This type of protection takes many forms, from not getting tricked by fishing scams to being careful about the websites you visit.

What is the best identity theft protection company?

The best identity theft protection company is the one that offers the type of services that work best for you. The leaders on the market include IdentityForce, LifeLock, and Experian IdentityWorks.

How to protect your identity online?

An important part of online identity protection is learning about the common and emerging security threats. That will allow you to adjust your online behavior accordingly.

How to protect your identity after Equifax?

The first step you should have taken after the Equifax theft was to go to identitytheft.gov and file a report. You should closely monitor your accounts and set up every alert possible. Changing passwords and enabling two-factor identification is also a good idea.

How to protect against identity theft for free?

Having free versions of anti-malware and anti-virus software is a good first step. Keeping your operating system up-to-date is another. And you can also learn as much as you can about identity theft for free — knowledge and awareness are often your best security tools.

How to protect bank accounts from identity theft?

There are a couple of things you should do to protect your bank account from identity theft. You should protect the information you use to access your bank accounts. You should also protect information about the cards you have linked to those accounts.

How to protect a child from identity theft?

The first step towards protecting your child from identity theft is to identify the people who have access to your child’s information. Usually, it’s the school you have to worry about, so make sure you pay attention to any notices you receive from the school.

How to protect your identity from hackers?

The best way to protect your identity from hackers is not to fall victim on their attempts to scam you. You should also use reasonably strong virus and malware protection software.

How to protect your home from identity theft?

The main issue with home protection and identity theft is to protect the personal information in your home from being stolen during a burglary. Installing a home safe for keeping documents containing sensitive information, as well as disposing properly of needless documents is a good step.

How to protect your identity on social media?

You should always keep your personal information private on social media. Setting the privacy settings to the strictest options is a good idea, as is knowing who all of your connections and friends are. And don’t forget to log out.

How to protect your identity after your wallet is stolen?

The first thing you do is call all the companies whose credit cards you have, as well as the banks and credit card unions. Cancel all existing cards and ask them to get you new ones ASAP. Enable fraud alert or credit freeze on all your accounts. Inform the authorities, including the IRS, the FTC, and the Internet Crime Complaint Center if your Social Security card was in your wallet.

How can consumers protect themselves from identity theft?

Knowing who needs what kind of information and why is a big part of consumers’ identity protection. Adopting safe online shopping practices is something everyone should do.

How to protect your digital identity?

It all starts with passwords when it comes to protecting your digital identity. They need to be strong and you should never share them with anyone. Keeping your software up to date, especially the anti-virus and anti-malware you use, is also important.

How to protect your social security number from identity theft?

First, try to use your SSN as little as possible. Whenever you can offer your driver’s license number instead of an SSN. Don’t carry your card with you and shred the documents that contain your SSN. Never ever type your SSN in an email, and don’t tell it to anyone.

How to protect my credit from identity theft?

Monitoring your credit regularly is always a good idea, and it can help prevent some of the consequences of identity theft. Fraud alerts and account freezes can also help you once the theft has already happened. The best thing you can do is make sure that your personal information is safe.

How to protect your computer from identity theft?

Having at least two security solutions, one for viruses and one for malware is a good start. Firewalls are a necessity, and so is regular software updates. Often enough, however, you are the weakest part of your security setup — so make sure that your behavior doesn’t put your computer and the data it holds at risk.

Questions About Specific Products and Services

Do you want to know which identity theft protection service is the best, and which one is obsolete? With so many players in the market, making a choice for protection services isn’t easy. But these answers will shine the light on popular identity theft protection services and tools that might be of use to you.

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What is Norton Identity Protection?

Norton Identity Protection was an identity theft protection service developed by the Symantec Corporation. Norton officially retired the product on February 28, 2018.

Is Norton Identity Protection safe?

You should use Norton Identity Protection through the applicable expiration date for your subscription. After it ends, think about another identity protection service — Norton would like you to try the LifeLock, for example.

What does Norton Identity Protection extension do?

Norton currently doesn’t offer an Identity Protection browser extension. The password manager and safety extensions Norton offers can help provide a safer browsing experience, as well as password management services.

How does LifeLock protect my identity?

LifeLock protects your identity in three ways. It can protect up to five of your devices at once from intrusion. It also scans for use of your personal data online, and it helps you with resolving the issues caused by identity theft.

Does Chase offer identity theft protection?

According to the Chase Identity Theft Tool Kit the bank provides to its users, Chase has a Customer Protection Group their customers should call if they think their identity has been compromised. Chase also instructs its users to call the relevant authorities.

Does USAA have identity theft protection?

The USAA offers three identity theft protection plans. The free plan only contains a monthly credit check. Paid plans include ID monitoring, as well as the possibility of getting credit checks with all three bureaus.

What is HP SimplePass identity protection?

HP SimplePass allows you to store login information for third-party websites and protect them with a single authentication method. A PIN and a master password are options, as is using a fingerprint on devices that support that kind of biometric data.

Does Bank of America offer identity theft protection?

Bank American offers a credit monitoring program. You can access it through their Privacy Assist Service but be aware that it offers limited protection.

What is an identity protection PIN?

The IP PIN is a six-digit number issued by the IRS. The Service issues it to prevent the misuse of people’ SSNs or fraudulent federal income tax returns.

How to get identity protection PIN from IRS?

IRS sends IP PINs if you meet one of the criteria set forth by the Service, which include being a resident of certain states, getting an opt-in invite, or a CP01A Notice.

Does Credit Karma protect against identity theft?

Credit Karma uses 128-bit encryption to protect the data you exchange with their website. They also have a Privacy Policy that states how your personal information will not be used.

Is CPP identity protection worth it?

CPP Group is a service provider that offers identity protection services. The company is notorious for mis-selling products and for paying compensation to more than 2.3 million claimants. Still, their offer might be worth it if it provides the services you need and you’re sure which services you’re signing up for. 

Is Wells Fargo Identity Theft Protection worth it?

The Wells Fargo Identity Theft Protection, or ITP, is an optional product offered by Wells Fargo to its clients. The service monitors all three credit bureaus every day for certain changes. In case you suspect identity theft, ITP could be well worth it.

Does American Express offer identity theft protection?

American Express’ CreditSecure service offers identity theft protection. The service offers Dark Web monitoring, SSN Trace alerts, as well as child monitoring and lost wallet assistance. 

What is Intel Identity Protection Technology?

The Intel IPT is the name for several authentication and online access technologies that come embedded into certain Intel processors. IPT allows access control to important personal accounts.

Does AAA offer identity theft protection?

AAA offers identity theft protection. It’s called ProtectMyID, it comes in three tiers — the lowest of which is free for members — and it’s provided by Experian.

What is Avast Identity Protection Service?

Avast Identity Protection Service is a part of Avast’s Behavior Shield. It’s an additional layer of security together with Avast’s regular real-time protection.

What is AVG identity protection Service?

The AVG Identity Protection Service is a component of AVG’s anti-virus suite. Users who use AVG’s anti-virus products might have the service running in the background.

Does VPN protect your identity?

Using a virtual private network can help protect your identity. At the very least, it hides your real IP address, which makes tracking you online very difficult.

How to protect your identity on Facebook?

Don’t add friends you don’t already know. Be careful about the information you share with your friends. Use Facebook’s security settings to enhance your privacy and security.

Does Incognito protect against identity theft?

Browsers that offer Incognito mode might prevent you from being tracked online with cookies, or from having your history visible after a browsing session. But they are not a good tool against identity theft.

Does Cigna offer identity protection services?

Cigna used to have an Identity Theft Program under their Personal Accident Insurance. However, as of 2018, no information about the program is available from Cigna’s website.

How good is TurboTax identity protection?

TurboTax uses the standard access protection tools, including multi-factor identification and fingerprint-enabled access. They also encrypt your data, keep the history of your account, and notify you when certain changes are made to your account. Overall, that’s a reasonable level of protection.

General Questions About Credit Protection Services

Some credit protection services, plans, and offers are often confused with services that share the same name. As always when dealing with money, you should read the description twice before signing up. Reading through these questions might also help keep you informed.

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What is a credit protection program?

Credit card issuers will offer different services under the term ‘credit protection program.’ Some offer insurance plans in case of loss of cards, including your driver’s license. Others will let you pay a certain amount of money on top of your monthly loan balance to get some benefits, including suspending of payments or writing off certain fees.

What protects you when applying to receive credit?

The Consumer Credit Protection Act mandates that you receive all the information about the credit. The Equal Credit Opportunity Act is a federal law in the United States that protects you from discrimination when applying for credit. The Fair and Accurate Credit Transactions Act, as well as the Fair Credit Reporting Act, set forth the protection you have and possible recourse against theft.

What is the purpose of the Consumer Credit Protection Act?

The purpose of the CCPA is to provide certain protections to consumers and their financial records. The CCPA has been amended with six separate chapters over the year, each focusing on separate aspects of consumer financial rights.

Is credit protection worth it?

Any protection service can be worth it if you’re under constant threat and the service protects you appropriately. Before using a credit protection service, carefully assess your situation and study a couple of credit protection services to find the best.

Which law protects consumers from unauthorized use of credit cards?

The law that protects consumers from the unauthorized use of credit cards is the Truth in Lending Act of 1968. This law doesn’t protect credit used for business, commercial, or agricultural purposes.

What is the National Consumer Credit Protection Act of 2009?

The National Consumer Credit Protection Act of 2009 is an Australian federal law. It came into power instead of the earlier, state-based regulatory framework called the Uniform Consumer Credit Code.

How does credit card protection work?

Mechanical credit card protection works by preventing your credit card from being scanned without your knowledge. Other types of credit card protections enable you to get a refund in case a product you bought was damaged. Protection plans can also protect your information in case your card is stolen, and offer a certain level of assistance.

How does the Fair Credit Reporting Act protect you?

The Fair Credit Reporting Act protects you by regulating the credit reporting agencies. As these agencies collect sensitive information, it is important that they put enough safeguards in place to ensure your information is protected.

Do I need credit card protection?

Credit card protection might be important to you if you’re under increased threat of credit card theft. Usually, however, all you need to stay safe is to be careful how and where you use your credit card.

What is credit protection on a credit card?

Credit protection on a credit card can be one of many things. Usually, however, people use the term to describe a type of protection that lifts your liability for purchases that result from credit card fraud.

Is credit protection insurance the same as PPI?

Payment protection insurance is a type of insurance that covers instances when borrowers lose their ability to repay their debt. Credit protection insurance can be the same thing. However, names of some credit-related products overlap or are generally unclear, so make sure you check with a financial institution before signing up for anything.

How long does credit card protection last?

Some protections that are afforded to you under the law are always in place. Protections that allow chargeback for damaged products might have a time limit. Other types of protection can last as long as you play into the protection plan.

Do all credit cards have fraud protection?

Under the Truth in Lending Act, all credit cards have fraud protection. Your maximum liability is $50 for unauthorized transactions, and it goes down to $0 for online transactions.

Do debit cards have the same protection as credit cards?

Debit cards don’t have the same protections as credit cards. Your liability can exceed $500 on unauthorized debit card transactions, for example, while it cannot go over $50 for unauthorized credit card transactions. 

Do you need RFID protection for credit cards?

Probably not. It’s not that easy to scan your credit card. Anyone who wants to take advantage of stolen credit card numbers will probably purchase the numbers over the Dark Web.

What is the best credit protection service?

When looking for a credit protection service, remember that you’re choosing one that’s best for you. That’s the one that offers exactly what you need and is in your price range.

What kind of wallet protects credit cards?

Any type of wallet can protect credit cards from mechanical damage. A wallet with separate pockets for credit cards is always a good option. If your cards have a magnetic strip, avoid wallets with magnetic closers. If the cards have RFID chips, you can try buying or creating protective sleeves.

Do credit cards offer the highest level of fraud protection?

Some credit cards offer $0 liability in case of fraud, which is one of the best types of fraud protection there is. Credit cards have a high level of fraud protection when compared to debit cards or online payment services.

Who protects against credit breaches?

The law protects you against credit breaches. The institutions where you have accounts might also offer protection, as do government bodies and agencies. But you are the most important line of defense against credit breaches.

Practical Information for Credit Protection

The best way to keep your credit safe is to adopt a hands-on approach to safety and security. The questions that follow should provide you the information that will point you in the right direction if you want to take charge of your credit protection.

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How to protect a credit score?

Being careful with your personal information is an important part of protecting your credit score. You should also regularly check all your accounts and be very careful when applying for new credit.

How can you protect yourself against credit card fraud?

If you want to be protected against credit card frauds, the most important thing to do is to keep track of credit card information. Keep all your information in a safe place, and carefully dispose of any materials containing your information.

How to protect yourself from credit card scams?

You should learn about the credit card scams you might fall victim to. Skimmers, hacked point-of-sale systems, as well as phishing and even vhishing, are only some of the scams that aim to collect your credit card information.

How to protect your credit card information online?

You should be very careful when using any type of card online. Using a credit card is always preferable to using a debit card for online purchases. Don’t use the card with online stores you don’t trust. Always make sure the entry page is encrypted. Keep your computer virus and malware free, and never using public computers to enter your credit card information.

How to cancel a credit card protection plan?

You should contact the institution that runs your credit card protection if you want to cancel your plan. It will be either your bank, a credit union, or whoever issued your card.

How do I protect my credit cards from being scanned?

Credit cards can contain RFID chips that allow the cards to be easily scanned. If you don’t want anyone to be able to scan your credit card, you should keep them in a shield-type of a device. You can make one yourself with some cardboard and aluminum foil.

How to protect your credit card in your wallet?

First, protect your wallet. Always keep it in the front pocket and don’t fiddle with it. Then, use a product that protects credit cards from being read, or make one on your own.

How to protect my credit report?

Monitoring your credit report is an important part of keeping an eye out for identity or credit card theft. Because your credit report contains valuable information, protect it in a safe place or dispose of it carefully if you don’t need it.

How to protect yourself from credit card skimming?

If at all possible, use indoor ATMs. Check the ATM for signs of tampering with the card reader. Cover your hand while entering the PIN. Nudge the keypad a bit. And set up automatic reporting of credit card transactions.

How to protect my credit from identity theft?

You can do a credit freeze if you suspect identity theft, but that will only protect you from new accounts being opened in your name. You should set up alerts for new credit activity, check your credit reports, and contact the authorities if you suspect identity theft.

How to protect your credit card online?

It all boils down to your behavior, online habits, and knowledge about possible threats. The best way to protect your credit card online is to avoid any places or practices that might compromise it — mind what you’re shopping and where.

How to protect your credit card from hackers?

Check your account regularly and freeze it if you think something’s wrong. Look out for phishing scams, don’t share your passwords, and keep them long and complicated. Update your software regularly, including the virus databases of your anti-virus programs.

Does aluminum foil work to protect credit cards?

Aluminum foil will work to protect your credit cards. The type of attack it’s protecting them against is very rare, however, and difficult to implement.

Do metal wallets protect credit cards?

It really depends on the wallet. Some wallets are more effective than regular aluminum foil, others are not.

How to protect your child's credit?

Children can be victims of identity theft, which might lead to their credit being compromised. Performing the necessary steps to protect your child from identity theft is how you protect their credit. And you can also freeze their credit pre-emptively.

How to protect the credit card magnetic strip in wallet?

You should carry your credit cards in the dedicated pockets for them in your wallet. Make sure that two magnetic strips aren’t touching — store one card in one pocket if possible. You shouldn’t use a magnetic clasp.

How to protect your credit card chip?

Your credit card chip is already a more secure option than the magnetic stripe. In general, you protect it by carrying your cards in your wallet and being sure you don’t put your credit card in a skimmer device.

Where to buy credit card protection sleeves?

You can buy credit card protection sleeves online. However, you can find them in general stores, too — big retailers will usually carry them.

How to protect Wi-Fi credit cards?

The Wi-Fi credit cards you are referring to are probably cards that use contactless technology, which isn’t the same as Wi-Fi. You protect them by keeping them safe in your wallet and using the only with vendors that are legit.

How to protect your credit cards from readers?

Wrapping your card in aluminum foil will help. Keep in mind though that the to be readable, the card needs to have an RFID chip. If it doesn’t, you need to place the card in or through a reader to get a reading.

How do you protect your credit cards when traveling?

You shouldn’t carry all your cards with you when traveling. Pick a credit card or two and keep a very close eye on it. Your wallet and your passport are the two most important things you carry with you when traveling, so make sure you keep them safe.

Questions About Specific Businesses

Have you heard of some credit protection services and you want to see whether they are legit? You should be very careful when it comes to sharing your credit card information with companies. The questions in this section are all about specific services and businesses.

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Is the Credit Protection Association legit?

The CPA is a legit organization. According to its Bloomberg profile, it offers debt collection and credit protection services in the UK. An American company under the same name — Credit Protection Association, LP — exists with headquarters in Dallas, Texas. It is also in the business of debt collection.

How to cancel an ICICI credit card protection plan?

You can cancel the ICICI credit card protection plan membership within thirty days of purchasing a membership. You get a refund, as long as there were no claims.

Does Credit Karma protect against identity theft?

Credit Karma offers some protection against identity theft. It offers some monitoring capabilities, and it uses the standard encryption practices that could keep your data safe.

What is the Credit Protection Association?

Credit Protection Association is the name of two separate companies, one in Dallas, Texas and the other in the United Kingdom. Both companies deal with debt collection.

What is Credit Protection Plus?

Credit Protection Plus is a program that claims to be able to help you improve your credit score. Their service should show you how to remove inaccurate and obsolete information from your credit file.

How to disable credit card protection in QuickBooks?

After opening the QuickBooks software on your device, choose the company and navigate to credit card protection. From there, you can easily disable credit card protection.

Does Avast antivirus protect credit cards online?

Having a solid antivirus program such as Avast is a key component of online safety. Avast offers an additional layer of security through a service called SafeZone, which allows you to create a virtual computer inside a physical computer and shop safely even if the physical computer is infected by viruses.

How does Premier Credit Protection work?

Premier Credit Protection is a service offered by the First Premier Bank. It’s an optional payment protection plan that protects you if you are unable to make your credit card payments on time.

How to cancel Experian credit protection?

You can cancel any Experian service you are currently using by contacting Experian Customer Service. You can also cancel subscriptions that are a part of your account online, from the ‘Subscriptions and Payment’ options.

Rachel Carey

Rachel Carey

Financial Guru

Rachel is dedicated to helping individuals and families boost their budgets so they can enjoy the lifestyle they deserve. Rachel graduated with a degree in Family and Consumer Sciences. She’s a prolific finance writer, producing tons of articles on different aspects of personal and family budget management.

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