Lifelock or Transunion Which Service Offers More Value and Security for Your Personal Information and Financial Status？
If you want to protect your identity and credit, you might consider using a service like Lifelock or Transunion. But what are the differences between these two services? Which one is more suitable for your needs? Let’s take a look at their pros and cons, as well as some real stories and reviews from customers.
Lifelock is a service that provides identity theft protection and credit monitoring, which can help you detect and resolve any issues that might jeopardize your personal information and financial security. Lifelock’s features are:
It can monitor the major U.S. credit reporting agencies (Equifax, Transunion, and Experian) and other organizations for evidence of identity theft and suspicious use of personal information.
It can provide daily or monthly credit reports and scores, which let you know your credit status.
It can let you initiate a Transunion credit lock straight from the user interface, which prevents unauthorized inquiries or changes.
It can provide up to $3 million in identity theft insurance, which compensates you for the losses you suffer due to identity theft.
It can provide the Norton 360 package, which includes the best antivirus program, password manager, and VPN.
Lifelock’s drawbacks are:
It has a relatively high price, ranging from $9.99 to $34.99 per month.
It only provides a Transunion credit lock, not a credit freeze that all three major credit reporting agencies offer.
It cannot guarantee to prevent identity theft or restore your identity completely.
Lifelock’s customer reviews:
65% of customers said they would recommend Lifelock to a friend.
Customers praised Lifelock’s customer service for being helpful and the alerts and monitoring for being accurate.
Lifelock has the best money-back guarantee, offering a 60-day trial period.
Transunion is a service that provides credit reports and scores, which can help you understand and improve your credit status. Transunion’s features are:
It can provide monthly or quarterly Transunion credit reports and scores, which let you know your credit status.
It can provide a credit lock feature, which lets you control who can access your credit report at any time.
It can provide up to $25,000 in identity theft insurance, which compensates you for the losses you suffer due to identity theft.
Transunion’s drawbacks are:
It only provides Transunion credit reports and scores, not credit reports and scores that all three major credit reporting agencies provide.
It cannot provide identity theft protection and monitoring features, only helping you resolve problems after they occur.
It cannot provide other security features, such as antivirus programs or VPNs.
Lifelock’s customer reviews:
65% of customers on Trustpilot rated Lifelock as “excellent”, while 16% rated it as “bad”.
Customers praised Lifelock’s customer service for being helpful and the alerts and monitoring for being accurate .
Lifelock has the best money-back guarantee, offering a 60-day trial period.
Transunion’s customer reviews:
34% of customers on Trustpilot rated Transunion as “excellent”, while 59% rated it as “bad”1.
Customers complained about Transunion’s customer service for being unresponsive and rude, and the credit lock feature for being ineffective and misleading23.
Transunion has a poor reputation due to issues related to its marketing campaigns and data breaches4.
So, which service should you choose? It depends on your preferences and budget. If you want a comprehensive and proactive identity theft protection and credit monitoring service, with additional security features and a generous insurance policy, you might prefer Lifelock. However, if you only want a basic and reactive credit report and score service, with a credit lock feature and a modest insurance policy, you might opt for Transunion. Either way, you should always be vigilant and careful with your personal information and financial transactions.
We hope this article has helped you make an informed decision. If you are interested in subscribing to either Lifelock or Transunion, please click on the links below to get started.