It’s pretty sad that people trust companies like Experian with their private data. Consumers naively assume that because they are a credit company that somehow they have ethics. Grow up people. The three major credit reporting agencies “sell” the data they collect. Experian has in the past even run their own spam-for-hire operation. And if a person or company has enough money, they can purchase huge databases of consumer names, addresses, and social security information - it is done all the time.

So a company like lifelock trys to protect consumers against this type of fraud and what happens?… they get sued by Experian.

Lifelock sells identify theft protect services for a very minimal cost, but these services save consumers a whole bunch of headaches. So why are they being sued by Experian?

Lifelock makes a customer’s private information more secure by putting a fraud alert in the data maintained by the credit companies such as Experian. These alerts cause the credit bureaus employee’s to take extra steps to verity credentials of consumers which of course costs Experian millions of extra dollars a year. Lifelock also opt-out their members of pre-approved junk mail which save millions of tons of paper each year. Good stuff, Lifelock.

Boo hoo Experian. It’s about time someone stuck up for consumers and Lifelock seems to be doing a great job at it. People need to realize that these credit bureaus are not on the consumers side and it’s just big business for them. I hope Lifelock survives this fight or Experian may have free reign to everyone’s credit reports and that would not be a good thing at all.