Are ID theft monitoring services worth it?

 

Source: Kathy M. Kristof, LA Times ( Free Registration )

Everyone is afraid of identity theft. It seems as if every couple of days there are new reports of Social Security numbers and other sensitive information stolen, lost or leaked. Just last week Countrywide Financial, which is now owned by Bank of America, said it would provide two years of free credit monitoring for customers whose confidential data were allegedly stolen by a former employee. But should you spend money to buy services that promise to protect you from identity theft?

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identity theft, credit, credit report, opinions & editorials, social security number

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