In my mid-20s, I am beginning to feel like the old Mike Myers character on SNL, Middle Aged Guy. With my recent purchase of a used car, I took the time to explore my credit rating and was surprisingly pleased with the result (and the resulting rate on my auto loan) The same goes for my wife, who has a similar high rating. Beaming with pride over this, (when I had first entertained thoughts that I am turning into my father); I wondered if I could do something to protect myself in this regard.
We have all seen ads to check your credit often, and now we are beginning to see ID theft protection ads pop up where the COE of the company is prominently displaying his SSN saying that his protection plan is so good that he doesn't fear his SSN being seen in public.
So what of it, Cyburbia? Is ID theft protection necessary? Will it protect you? Or is this like the proverbial extended warranty or GAP insurance and just a service people offer to make money but no one really needs.