CreditLock.com

Identity Theft protection services continue to evolve in order to provide consumers a higly effective weapon against Identity Theft. Millions of consumers have already signed up for active Credit Monitoring services, giving rise to a new multi-billion dollar industry.

Some critics of Credit Monitoring services have emphazised the fact that although Credit Monitoring services will help consumers detect Identity Theft, such services do not actually help consumers deter Identity Theft. It is true that if a consumer employing Credit Monitoring services ia alerted to unusual activity on his Credit Report, then obviously such activity has already occured.

Recently, Transunion, one of the three national Credit Reporting bureaus, has incorporated a new feature into its Credit Monitoring services that will actually help deter Identity Theft. Transunion, through its TrueCredit services, is offering subscribers to its 3-Bureau Credit Monitoring the ability to Lock and Unlock their Transunion Credit Report online with "just one click". When you lock your Credit Report, you are blocking access to your Credit Report. Hence, Identity Theft crimninals are prevented from opening new credit accounts, or securing new loans, under the name of their victims. Such Credit Lock feature is also known as Credit Freeze or Security Freeze, and has become possible following the passage of Credit Freeze laws in more than half of all states in the U.S. However, typically, consumers would need to Lock access to their Credit Report with all 3 Credit Reporting agencies for maximum security.