If the credit industry were doing a better job protecting you, we wouldn't need such products. |
If they answer yes, then ask, 'How are you making sure that my information is being protected?' If you don't like the answer, take your business to another financial institution. |
If you are in a certain life situation where illegitimate access to your cell records could cause problems, like a nasty divorce or custody case or a business lawsuit, or you're the victim of a stalker, you're vulnerable. Your adversary could obtain your cell phone records through a broker and use them against you. |
If you engage in a business transaction with the bank you should have the expectation that the information will only be used to serve you and not help banks make money from marketing. |
If you're a busy person and you don't want to put the burden on yourself to call every three months and you have the money, these services could be a convenience and a comfort, |
If you're self-employed or paid an hourly wage, I think the coverage is quite valuable because a certain amount of your salary is recouped, |
If you've given them your credit-card number and/or bank-account number, you should watch those accounts very carefully. |
If you've got some time, you should be able to control your own junk mail, ... don't charge a lot of money, so if you are very busy, it might be worth it to you. |
If you've got your house, got your car, got your two credit cards and you know there's no other credit that you'll be getting in the near future and you're very, very, very concerned about identity theft, take advantage of the fraud alert, |
In those situations, being a member of a service or plan that sends you reports could be a convenience, |
It can take anywhere from six months to several years to regain financial health. |
It just points out how pervasive these security breaches are. |
It's a well-reasoned decision, and it does minimize privacy and civil liberties implications. |
It's certainly going to cause the industry to sit up and take notice. |
It's creepy. People realize in their gut that if we require implanted chips, we've become the kind of society where people can be tracked by their government. |