Equifax Lock & Alert - Pros and Cons of Home Security Systems

You may have wondered if Equifax Lock & Alert was worth signing up for. Although it is possible to get a free copy your credit report, it is important that you don't give out too much personal information. This service does have some cons. Continue reading for more information. Lock & Alert registrations are only available to those who are at least eighteen.

The first type is active-duty fraud alert. It is valid for one year. This alert is intended for U.S. Armed Forces personnel on assignment away from their home. The second type of fraud alert is called extended fraud alarm and lasts seven years. You must report it to a law enforcement agency. All three types of fraud alerts automatically lift when the initial period ends. However, you can choose to remove your alert at any time, just like a credit freeze.

The third option is equifax lock + alert. This service allows Equifax to lock your credit report and send you alerts when it's been accessed. Lock & alert works only for your own account; it won't prevent access to any other agency. But it does protect you from being cheated by a third party. The service is absolutely free and can protect you against identity theft.

The free Lock & Alert app, available on Google Play or Apple App Store, allows you to lock your Equifax credit reports. You can even lock your Equifax credit report by selecting the option for 'Temporary Unlock' on the Lock & Alert website.dell i7& Alert, which is a free lifetime service, is available to all U.S. customers aged eighteen years and older.

TransUnion Lock & Alert, Equifax Lock & Alarm and TransUnion both offer free credit locking services. Both lock and alarm programs include additional features. These programs include credit monitoring, as well as locking your credit report. The free Lock & Alert service can be good for your credit. However, there are some drawbacks. It is recommended that you lock your credit report with all three bureaus to be safe. Lock your Equifax credit reports now if you are concerned about identity thieves.

When you place a lock & alert, you're preventing other people from accessing your credit information. This alert will notify prospective lenders if there's a chance you're being a victim of identity theft. The alert will block creditor access for one-year, but you must renew it each year. You can temporarily unfreeze your account to borrow money if you need it.