Experian Proves They Are Not Looking Out For Customers Best Interest
Many people have taken advantage of all the benefits of the LockLife program. LockLife lessens the chances of having your identity stolen through several security measures that they implement. One of those measures is, LockLife will file a fraud alert with the major credit companies on behalf of its customers (everyday people like us) against disreputable companies and creditors. Experian is now saying that current credit laws don’t allow a third party (lifelock) to place fraud alerts, these can only be placed by the people affected. Experian is apparently upset that they are having to go through all the trouble and expense of filing these fraud alerts when they should be happy that more and more people are being protected from these fraudulent companies/people or at the very least questionable transactions.
Experian has taken the grand step of sueing LifeLock. LifeLock is a company and is trying to make a profit as well, but they are doing it in the name of protecting people. If Experian wins this lawsuit then they will continue to profit (as any company is entitled to) but will actually be providing less and less protection for everyone. If Experian were truly looking out for the best interests of the people they would welcome any system that would make it easier to spot fraudulent transactions and investigate them before it is too late. Instead, they are putting their already adequate bottom line first.
Popularity: 2% [?]
Experian Proves They Are Not Looking Out For Customers Best Interest
Experian Proves They Are Not Looking Out For Customers Best Interest
Many people have taken advantage of all the benefits of the LockLife program. LockLife lessens the chances of having your identity stolen through several security measures that they implement. One of those measures is, LockLife will file a fraud alert with the major credit companies on behalf of its customers (everyday people like us) against disreputable companies and creditors. Experian is now saying that current credit laws don’t allow a third party (lifelock) to place fraud alerts, these can only be placed by the people affected. Experian is apparently upset that they are having to go through all the trouble and expense of filing these fraud alerts when they should be happy that more and more people are being protected from these fraudulent companies/people or at the very least questionable transactions.
Experian has taken the grand step of sueing LifeLock. LifeLock is a company and is trying to make a profit as well, but they are doing it in the name of protecting people. If Experian wins this lawsuit then they will continue to profit (as any company is entitled to) but will actually be providing less and less protection for everyone. If Experian were truly looking out for the best interests of the people they would welcome any system that would make it easier to spot fraudulent transactions and investigate them before it is too late. Instead, they are putting their already adequate bottom line first.
Popularity: 2% [?]