Friday, May 04, 2007

England Has Their Problems As Well

Experian Inc. a credit checking agency on Thursday reported that identity theft cases in England have increased by 69% between 2005 and 2006.

In England over 2,000 people contacted the Experian victims of identity theft hotline for in the last six months of 2006 alone.

According to Experian, about 45 percent of those victims were alerted to a problem by a financial services company that noticed unusual activity. Forty-one percent found out through their credit report. The rest found out either after a refusal of credit, a theft or through notices they were being awarded credit they had not personally requested.

Watch out when companies like these start offering you services to protect your good name. Isn't there a small conflict of interest?

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At 7:14 AM, Blogger Michael said...

I recently received a brochure from my insurance company explaining that they are now providing insurance at the cost of $35.00 per year to cover the costs of identify theft. They provide up to $15,000 of costs involved and specialized step-by-step specialized help in the event of identity theft. Is it a good idea to add this to my policy? I think this would be a good subject for your blog. Michael


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