ID Theft Tech: Credit Monitoring Services Ineffective?
Well, so much for credit monitoring services...
Eric Dash writes in The News York Times:
Melody Millett was shocked when her car loan company asked her if she was the wife of Abundio Perez, who had applied for 26 credit cards, financed several cars and taken out a home mortgage using a Social Security number belonging to her actual husband.More here.
Beyond her shock, Mrs. Millett was angry. Five months earlier, the Milletts had subscribed to a $79.99-a-year service from Equifax, a big financial data warehouse, that promised to monitor any access to her credit records. But it never reported the credit activity that might have signaled that they were victims of identity theft.
posted by Fergie @ 12/11/2006 07:41:00 PM
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