You may be wondering if identity theft protection is necessary. After all, you’re careful with your personal information, and you’ve never been a victim of identity theft before.
But the fact is identity theft is on the rise. In 2021, the U.S. Federal Trade Commission (FTC) received more than 5.88 million fraud reports, a 19% increase from the previous year! So even if you’re careful, you can’t guarantee that you won’t become a victim of identity theft.
That’s why it’s important to have an identity protection plan in place. Here are three reasons why.
You’re Probably a Prime Target
Your personal information is valuable. If you have a good credit score, own a home, or make a lot of online purchases, you’re more likely to be targeted by identity thieves.
An identity protection plan can help detect any suspicious activity and alert you so that you can take action quickly. The best plans offer a combination of features including credit monitoring, dark web surveillance, and fraud alerts. They also provide guidance on what to do if your identity is stolen.
With an identity protection plan in place, you can rest assured that you’re taking steps to protect your personal information.
Identity Theft Can Be Hard to Spot
Identity theft is a serious problem that can have lasting consequences. Unfortunately, it’s often hard to spot on your own. Criminals are crafty and can create sophisticated scams that are difficult to detect.
Most of the time, the first sign of fraud or theft is that you’re missing money from your bank account or that your credit card has unfamiliar charges. By then, you’re already a victim, and you’re facing an uphill battle to restore your finances and your privacy.
That’s why an identity protection plan can be so valuable. It can monitor your accounts for any strange activity and alert you if anything looks out of the ordinary. With an identity protection plan in place, you can have peace of mind knowing that you’re protected from identity theft.
You Can Lose More Than Money
Most people are aware of the financial risks associated with identity theft, but few realize that the consequences can extend far beyond a damaged credit score.
When an identity thief steals your personal information, they can use it to apply for jobs in your name. This can leave you with a poor work history that is full of positions you never actually held.
In some cases, identity thieves have even been known to provide stolen personal information to law enforcement when they are arrested for a crime. As a result, the victim of identity theft can end up with legal problems that are completely unrelated to any wrongdoing on their part.
That’s why it’s so important to have comprehensive identity theft protection in place. By taking steps to protect your personal information, you can help to safeguard your finances, your work history, and your good name.
Get the Identity Theft Protection You Need Today
As you can see, identity theft protection is an important tool to help you maintain your financial and legal integrity.
Don’t wait until there’s a problem. Sign up for a plan today!