Is Identityiq A Scam? IdentityIQ Features, Pros & Cons

We live in the internet age, where losing the social media ID and password seems more dangerous than losing the keys to one’s home. Thanks to Identityiq, you people can now sleep without cyber nightmares haunting you at night. Yes, Identityiq is quite legit. 

It protects the identity of users and their families. It alerts the users of threats to their personal information and helps them protect their families’ identities. Yes, it protects the identity and the personal information of the entire family of the users. 

Keeping one’s personal information safe and secure is the most important thing for an internet user. We leave our personal information everywhere through online transactions, shopping, and banking operations. So, scammers have countless opportunities to carry out their dirty deeds. But IdentityIQ provides us with legitimate services to help close those breaches. 

So, is IDentityIQ a Scam? Read this article completely to know about IdentityIQ. This article will tell you whether this is a scam or not (with complete explanation).

What Is IdentityIQ?

IdentityIQ is the monitor that secures your credentials like bank accounts, social security numbers, and other personal information and alerts you about any possible suspicious activity done online. 

They do not just protect you from any possible breaches. You also have protection from IdentityIQ if you fall prey to any cyber-attacks. It can be a strong protector and defender if you are a victim of identity theft. 

It is a relatively new app, but it is excellent. The reason is its wide array of helpful features. Once you have a clear picture of the features they offer, you will become more aware of how helpful it is in your daily life. 

IdentityIQ Features

The wide range of features and assistants this application provides to its users is immense, and they are useful. Here are some of the different features you must know about –

Credit Monitoring

Thanks to the credit monitoring feature of the IdentityIQ platform, you can identify different types of activities in your credit history. You will have a deeper insight into your personal credit history and will have information related to – 

• credit inquiries
• public records
• and delinquent accounts
• new credit accounts
• change of address

Public Record Feature

Keep track of your public record thanks to the public records feature provided by the IdentityIQ application. This feature notifies you about the latest developments of your personal property. It could mean a change of ownership of your real estate properties or buying new ones. Modifying your old properties can also trigger a public record alert. 

Credit Inquiries

Credit inquiries are common for people applying for a loan or for any other financial activities that involve going through your credit information. When you have a credit inquiry, it does dent your credit history. However, the credit inquiry alert set by IdentityIQ can help you identify who has seen your credit history.

Delinquent Accounts

If you are handling a credit card, you cannot afford to be late on your payments or have an over-extended balance. It can negatively affect your credit score and financial health. You might have some problems when applying for loans or something similar. That is what IdentityIQ helps you with. It alerts you about delinquent accounts and lets you take instant action to solve the situation. 

Changing Address

When you change your location (relocate or move to other places or states), it will reflect your credit history. So, it is important to keep updating your residence information to save your credit history. IdentityIQ is notified when you change your location or move to a new place. This way, you can stay updated and not let the address change affect your credit history negatively. 

New Credit Accounts

If you are opening a new credit account, it will get reported on your credit report. So, when you have IdentityIQ to help, it will send an alert to you. In general, it will help you keep track of the credit accounts on your name and the social security number. 

Identity Theft Insurance

If you think you are safe just by protecting your personal information, think again. Identity theft is a real threat, and it must not be taken too lightly. Always stay prepared for the worst situation you might be in. This is where you can rely on the IdentityIQ application. 

The comprehensive coverage of personal identity that the application provides can keep your head cool. Even if you have any financial losses, you know you are covered. So, you can say bye-bye to headaches that come from the chances of identity theft.

IdentityIQ Pros & Cons

Here are some pros and cons of using IdentityIQ –

Pros

• Thanks to the comprehensive credit monitoring application, users can track changes or any suspicious activities on their credit reports.
• It provides the users with Identity theft insurance and gives them extra protection and a peaceful sleep. 
• Users can easily access their information or navigate through the application thanks to the easy-to-use interface provided by the IdentityIQ platform. 
• IdentityIQ also offers dark web monitoring. So, if they find out any personal information of the users on the dark web, they will instantly alert the user about it. 
• Users can get reimbursement of their stolen funds through all the plans. The total amount of reimbursement can range up to $1 million. 
• Using the Secure Max protection, one can also keep their family safe.
• It also provides additional antivirus and VPN add-ons for the users. 

Cons

• The other identity protection applications available in the market have a lower monthly pricing package than IdentityIQ. To some users, the monthly pricing package is a bit too steep.
• There is no free trial period. So, you cannot have a first-hand experience using the platform before you commit to it and purchase a subscription plan.
• You do not get credit report monitoring for all three bureaus in all the plans. Only two subscription plans support this feature.
• The plans do not include social media account monitoring. 

Is Identityiq A Scam?

Although some features are missing in the IdentityIQ subscription plans, most users have a good experience with the platform. Their restoration support and SSN alerts are well appreciated among users. Also, the features related to stolen funds reimbursements are a key reason why people love to use this platform for their online security. More so, it has a very good score for customer services on platforms like TrustPilot, giving customers more reasons to use it. 

So, the straightforward answer to the question is – no. IdentityIQ is not a scam platform, and it is a trustworthy personal online security provider.

Read Also:

• 9 Steps To Protect Your Assets
• 10 Cyber-Enemies And How To Protect Yourself
• Why Everyone Should Know The Basics Of Cybersecurity For Their Device