Press release source: MarketWatch
MOUNTAIN VIEW, Calif., April 14, 2014 /PRNewswire/ -- Credit Sesame, a leading consumer credit and personal finance company that provides millions of consumers access to free credit scores, free credit monitoring and better ways to save money and manage their finances, today announces the addition of the industry's first, no cost credit and identity theft protection service. The addition of this new service allows millions of consumers to access, monitor and manage their credit, improve their finances and protect their credit and identity, all in one place for free.
The new service provides consumers peace of mind that if they become one of the 16.6 million victims of identity theft , Credit Sesame will help them take immediate and effective action to stop the theft, minimize the damage and restore their identity.
"It's no secret that fraudsters are after your personal information and your credit reputation," said John Ulzheimer, credit industry expert. "Identity theft insurance and access to identity theft resolution specialists are two more ways to help restore your name if it is ever compromised. Normally these services are attributes of fee based services. To get them for free allows consumers to check one more concern off their list, while not spending a dime to do so."
Credit Sesame conducted a user survey and found that 65 percent of participants were concerned about identity theft and 24 percent had been victims of identity theft. Now consumers can monitor and learn about a potential identity theft breach quickly and in the event of identity theft, they have immediate access to certified identity restoration specialists to help remedy the situation, plus $50,000 in identity theft insurance to protect them against financial losses.
"Your personal financial information is under constant threat from global scammers and our new service gives consumers a powerful weapon to combat these forces," said Adrian Nazari, CEO of Credit Sesame. "Consumers now have a reliable source to get their free credit score and credit monitoring, build a complete picture and analysis of their credit and debt, find out what they can do to improve their finances and protect their credit and identity—all at the same time and in one place for free—without the need to use or expose their financial information at multiple websites."
"We provide the benefits of services like Credit Karma, Bankrate and LifeLock — all in one seamless free service — putting consumers in more control of their credit and finances in a way that has never been done before," said Nazari.
The service is accessible online via desktop and mobile devices. Consumers can sign up for the service in as little as 90 seconds. For more information visit CreditSesame.com , or check out Credit Sesame's mobile app — the #1 Credit and Identity Theft Protection App in the Apple App Store . Also available for download on Google Play for Android and Amazon for Kindle Fire.
About Credit Sesame Credit Sesame is the personal credit advocate and loan expert, helping people make smarter financial decisions to save money and live richly. From free credit scores and credit monitoring, to premium credit and identity theft protection, Credit Sesame is the only provider that gives consumers the tools they need to access, monitor and analyze their credit, improve their financial standing and protect their identity — all in one place.
Credit Sesame uses a proprietary savings recommendation engine, with bank-level analytics, that monitors the market, runs thousands of scenarios and analyzes each individual's financial profile to identify the best loans and savings opportunities. Customers receive unbiased recommendations on home loans, auto loans, credit cards and other loans, customized for their personal financial situation. For more information, visit http://www.creditsesame.com .
Credit Sesame is a registered trademark of Credit Sesame, Inc. All other trademarks and product names are the property of their respective companies.