Overview: Triple Alert is a credit monitoring service offered by Experian, which is one of the three major credit bureaus. For $4.95/month, customers receive daily credit monitoring, monthly “all clear” alerts, and a $10,000 guarantee in the event that something should happen. Individuals should keep in mind, however, that Triple Alert is not an identity theft protection service – it only monitors credit.
Features: Because Triple Alert only monitors credit, its features are limited. Customers receive daily credit monitoring, which means that their credit scores are checked for any changes or indications of fraud several times a day. If any fraudulent activity is detected, customers receive either an email or text from Triple Alert. However, they must issue their own fraud alerts or credit freezes. Similarly, Triple Alert also issues monthly “all clear” alerts, where they report to customers that nothing alarming has been found. If any customer’s identity is compromised while they are using Triple Alert, then Experian will issue $10,000 to help cover the costs of legal fees.
Summary: Experian’s Triple Alert is ideal for individuals who want a basic 3-in-1 credit monitoring system. While this service is a preventative measure against ID theft, individuals should realize that it is not an extensive ID theft protection service – Triple Alert does not survey the internet for fraudulent activity, issue fraud alerts or credit freezes, or offers lost wallet protection like LifeLock or TrustedID. Nevertheless, it is an excellent, reputable and inexpensive service.