Word: trustedid
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Dates: during 2006-2006
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...believe you have been a victim of identity theft, federal law allows you to place a fraud alert on your credit report for 90 days, legally compelling lenders to ask tougher questions to verify an applicant's identity. A company called TrustedID this week launches a new $7.95-a-month service to handle all the paperwork, every 90 days, to keep an alert on your file always. "The bureaus are inherently conflicted, wanting to sell information that needs protecting," says TrustedID co-founder Scott Mitic. The bureaus, not surprisingly, recommend buying different protection in the form of their monitoring services...
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