Credit Reports

As a member of idlock.com you will immediately receive a copy of your credit report and automatically receive updated reports, plus additional reports if inaccuracies are found at any time. A credit report is an electronic record of a consumer’s credit activities. It includes information on where you live, how and when you pay your bills, as well as whether you have been sued, arrested, or filed for bankruptcy. Nationwide consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or leasing a home or apartment. A credit report is a record of how you use credit and how much of it you have available and is one of the primary factors that will influence the decision of a lender or credit card agency in granting consumer credit. It is, however, important to understand the difference between a credit report and a credit score. Credit scores are based on formulas that use the information in your credit report, but are not considered a part of your credit report. There is an extensive amount of personal information that will typically be included in your credit report and it is critical that you as a consumer ensure the accuracy of this identifying information. Your current name and residential address (including any previous versions of each), birth date, Social Security Number, phone number, and employer (both current and previous) will be listed on your report. If married, your spouse’s name may be also listed on your report. A credit report will likely include any negative public record information on civil matters such as bankruptcy, court judgments, or tax liens. Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer. Your credit history will comprise a large part of your credit report. You’ll have a listing of all the companies that have granted you credit including banks, finance companies, retail department stores, mortgage lenders and/or leasing companies. The credit report will list complete information about each account including the type of account it is, date it was opened, credit line (or loan amount), monthly payment amount, and whether there were any missed or late payments. Even if you have closed the account or the loan has since been paid off, it will still be included on your credit report and shown as such. Your report will also include a section commonly referred to as “inquiries,” which may include a list of companies that were authorized to view your report through an application you made for either credit or insurance. If you have made any disputes regarding the information contained in your credit report, this may also be included in the report. Most credit bureaus allow both the consumer and the creditor to make statements to report what happened if there is a dispute about something on the report. A consumer reporting company can report most accurate negative information for seven years and bankruptcy information for ten years.

Credit Monitoring

idlock.com monitors your credit report 24 hours a day, 7 days a week, and immediately notifies you of any changes that occur to your personal information! With identity theft being the fastest growing crime in the United States according to the Federal Trade Commission (FTC), it is more crucial than ever before for consumers to stay informed of how their credit history is being reported. Credit is an integral part of our everyday life, and your credit report is often the main piece of information that determines whether or not you will be able to obtain a credit card, take out of loan, purchase or rent a home, or complete other important financial transactions. Credit monitoring is one of the most effective methods for consumers to proactively manage their credit, and is also a proven method to reduce and minimize potential damages caused by identity theft. With these realities in mind, it is easy to understand why checking and monitoring your credit report regularly should be an important part of your identity theft prevention strategy. Credit report monitoring is the monitoring of your credit history in order to detect any suspicious activity or change in your credit history. Early detection is critical; you should check your report often, because with identity theft, it is essential that any suspicious activity be discovered early. Doing so can prevent the theft from actually occurring, or in the event that your identity is stolen, it may significantly minimize the financial impact. idlock.com program is an easy, effective way for consumers to get a head start on identifying potential fraud or errors that can prevent you from getting the credit you deserve. Our Credit Monitoring program offers many benefits including: We will provide you with automatic updates associated with activity such as credit inquiries, public records, delinquencies, negative information, employment changes, new accounts and other changes to your credit history. At a minimum, you will be provided an updated copy of your credit report every six months. Our trained FCRA certified membership representatives are available to assist you in understanding your credit report and correcting errors. Your membership in idlock.com will provide you the opportunity to review important personal records that can alert you to fraud, giving you a head start in the fight against identity theft.

Credit Card Registration Services

idlock.com allows members the ability to list their credit card numbers and contact information, on-line, in our secure web vault. In the event of theft, fire or natural disaster, vital information is as close as the nearest computer terminal.

Documents & Valuables Registration

idlock.com provides its members the ability to list important documents, such as insurance policies, account numbers and important contact information, on-line, in our secure web vault. In case of theft, fire or natural disaster, your vital information is as close as the nearest computer terminal!

Credit Report Dispute Form

idlock.com provides a Dispute Form and our easy to follow step-by-step instructions to correct any inaccuracies on your credit report. This form will be crucial in fighting credit report inaccuracies as well as any potential ID theft issues.

Free Fraud Alert Reminder Service

By Law, Fraud alerts can only be placed for 90 days at a time. idlock.com provides a free reminder service which alerts its members that it is time to renew their free fraud alert!

Credit Score

As a member of idlock.com you will immediately receive a copy of your credit score and automatically receive updated scores! A credit score is a number that helps lenders and others predict how likely you are to make your credit payments on time, often referred to as your “creditworthiness.” A credit score represents a way to quantify the likelihood that a person will pay debts in a timely manner, and is primarily based on information in your credit report typically sourced from credit bureaus and credit reference agencies. Lenders look at your credit scores frequently. They look at your credit scores when deciding, for example, whether you have ample credit to qualify for a loan, whether to change your interest rate or credit limit on a credit card, or whether to send you an offer for credit through the mail. Having good credit scores makes your financial dealings a lot easier and can save you money in the form of lower interest rates, which is why they are a vital part of your financial health. Figuring out how to increase or improve your credit score can be a challenge, but there are some basic factors that are known to be weighted more heavily than others. Some of the information utilized in the formulas which calculate your credit score include the time you have been at your present job and personal residence (the longer the better on each count since it is considered to be indicative of professional and personal stability); whether you own or rent a home (ownership is optimum if your payment history is good); the amount and type of credit accounts you possess (it is thought to be optimum to have a balance of revolving versus installment debt); your ratio of debt to available credit and your payment history (on-time history naturally preferred, and minimal ratio of extended credit); your age and the length of time you have had your credit information listed in the credit bureau database (the higher the better on both counts); and finally, the amount of recent credit you have been extended (or inquiries). The use of credit scoring is not limited to financial institutions. Other organizations, such as mobile phone companies, insurance companies, leasing agencies, employers, and government agencies may employ the same techniques. No matter which scoring model lenders use, it pays to have a great credit score. Your credit score affects whether you get credit or not, and how high your interest rate will be. A better score can lower your interest rate and open up a world of credit opportunities for you.

Identity Theft Resolution Services

In the event that a member of idlock.com becomes a victim of identity theft, we will appoint a full time customer care specialist, to restore your good name back to pre-theft status, saving you hundreds of hours of pain staking work!. Identity theft is the fastest growing crime in America. Monitoring your credit is one of the best ways to help protect yourself against identity thieves. idlock.com monitors your credit files 24 hours a day, 365 days per year. We will email you any Alerts immediately. If you find an Alert that is not authorized by you please contact one of our Fraud Prevention specialists immediately. Allow our FCRA certified representatives to assist you in closing unauthorized accounts and filing police reports where necessary. To protect your identity and accuracy of your personal information it is important to review your credit report file. Verify that all information belongs to you and you recognize all items listed. If you discover items that are incorrect or that do not belong to you simply fill out the credit report dispute form provided. As a Member of idlock.com you can rest easy knowing that not only are we on guard for you 24 hours a day, 7 days a week monitoring your vital information, but you are also financially protected by a $1,000,000.00 Identity Theft Insurance Policy. If you should ever become a victim of Identity theft or related fraud, you will be protected against financial loss, time off work and legal fees related to restoring your good name! idlock.com is here to protect and serve you!

PREVENTING CHILD IDENTITY THEFT

Identity theft is the fastest growing crime in America. Unfortunately identity thieves victimize more than just adults. Today one of the fastest growing segments of identity theft is identity theft amongst children. What makes this crime so difficult to discover is that the theft is often not revealed until children become old enough to apply for credit or look into financial assistance for college? By then the damage is done and the id thieves are long gone. Protecting your child's personal information is more important than ever. A credit file does not exist with the credit bureaus until a line of credit has been established with a creditor and then reported by the creditor to the credit bureaus. If your child has an established file and he or she has never applied for credit, chances are they are a victim of identity theft. idlock.com family membership offers identity theft insurance coverage that protects you, your spouse and all children living in your household under the age of 23. The protection provides $1,000,000.00 in coverage per person. See the identity theft insurance information listed on the member's home page for more information. If you discover that your child is a victim of identity theft, contact us today and one of our trained fraud specialists will immediately help you reestablish your child's good name.

$1,000,000.00 ID Theft Insurance

idlock.com provides each of its members with $1,000,000 in identity theft insurance protection. This coverage protects each member against financial losses of up to $1,000,000 incurred as a result of identity

Identity Theft Prevention

We can’t stress enough that identity theft is the fasting growing crime in the country today. Vigilance is the most effective way to spot early warning signs of identity theft.