If anyone has ever been a victim of identity theft, you know how much trouble it can cause you and how it can wreak havoc with your good credit. Many times, by the time you realize your information has been compromised, the damage has already been done. Because of this relatively new and growing threat to your good name, it’s more important than ever to take action to protected your sensitive information before it can be compromised.

With that in mind, I recently signed up with LifeLock Identity Theft Prevention , a new company that specializes in protecting your identity and personal information. For a nominal fee, LifeLock Identity Theft Prevention does this by taking the following actions on your behalf:

First, they ask the credit bureaus to set free fraud alerts on all your credit accounts. Usually, this is done through their automated systems and the alerts are set within an hour. From time to time there may be a hitch and they have to do the first one manually, usually because they have a different address on file for you. If this happens, they’ll tell you right away and do what needs to be done to get the alerts set. (In case you’re wondering, they don’t charge anything more for this and their Total Service Guarantee is still in effect from day one.)

Second, unless your circumstances change and you tell them not to, every 90 days or so they ask the credit bureaus to do it again. You can do this for free if you’d prefer, but they make sure it gets done and that it gets done right.

Third, they request that your name be removed from pre-approved credit card and junk mail lists and they keep making the requests as they expire. Statistics show that this is one of the many ways that thieves hijack identities. Many of their members say that this alone is worth the price. If you are a do-it-yourselfer, you can do this for free, but why not let them do it for you?

Fourth, they order your free credit reports on your behalf from the major credit bureaus and they are sent directly to you. They do this every year.

Fifth, hassling with lost or stolen wallets is no longer a problem with WalletLock™. If ever your wallet goes missing, just give them a call - anytime, anywhere - and a WalletLock specialist will help you contact each credit card, bank or document issuing company, cancel your affected accounts and complete the paperwork and steps necessary to replace your lost documents*, including your credit/debit cards, driver’s license, social security card, insurance cards, checkbook - even travelers checks - at no additional cost.

Last, but certainly not least: If your Identity is stolen while you are a member of LifeLock, they’re going to do whatever it takes to recover your good name. If you need lawyers, they’re going to hire the best they can find. If you need investigators, accountants, case managers, whatever, they’re yours. If you lose money as a result of the theft, they’re going to give it back to you.

LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee!Click here to get a 10% discount.