I read this article about how Experian is causing problems for Life Lock - the company that protects consumers against identity theft.   It’s understandable.  LifeLock costs Experian and other credit bureaus money by placing fraud alerts for members.  It costs Experian money to set alerts because then they must go through more steps to confirm the identity of a person or business looking into a person’s credit.  It is a good thing for the consumer.  After all, if anyone is trying to get a line of credit in my name, I want the credit bureau to verify for sure that it’s me!  LifeLock also opt-out members of pre-approved junk mail, and that limits the credit bureaus’ ability to sell information.  

Let’s see, with the increasing incidences of identity theft, do I worry about causing Experian a little more work, or do I worry about someone stealing my identity?  Yep - I believe I’m on LifeLock’s side on this one.

I love banking online.   Online banking services make my life so much simpler AND save me so much time. The fact that I can handle my bank accounts and my credit card accounts online simplifies life immensely. Whether I am looking to pay bills or looking for a low interest rate credit card, I can do it all online - at a time that’s convenient for me - in the middle of the day or the middle of the night.  Even at work, if I have a 5-minute break, I can quickly get online and handle a transaction.   There’s no way I could be as efficient if I had to take care of finances in person or through snail mail.