Why pay someone for a service you could do yourself? Each of us can come up with an explanation depending on the service in mind: housecleaning, tax preparation, manicures, even dog walking. There is a service out there for those lacking time, patience, skill or interest in taking care of the matter for themselves. We would certainly save money if we did these things ourselves. What if the service is to save us money in the first place?
That's the idea behind the many companies who offer credit protection or identity theft insurance programs. An estimated 1 in 5 of us will eventually be a victim of id theft so I'm certain you are interested in learning more about these services. Almost all the things they will do for you are things you could do yourself, if you knew how or were willing to take the time. Dan Tynan just took a look at these numerous services and came up with a great article explaining how each works and a chart of how each stacks up. You may be surprised. It wasn't the most famous or heavily advertised service that came out on top.
Original posting date: Thursday, May 1, 2008 | 4:00 PM |