Should You Pay for Identity Theft Protection?

By Sarah Brady
From Kiplinger’s Personal Finance
” A ounce of solution is worth a pound of reduction.” When Benjamin Franklin wrote this enduring adage roughly three centuries ago, he was educating the populace on how to prevent house fires. However, his words can also be used to address a contemporary health problem, such as identity theft.
Around one-third of Americans have experienced identity fraud, which includes everything from credit card theft to duty scams to insurance fraud, according to some estimates, and that figure is expected to rise. For some users, the inclination is to turn to a recognizable company such as Norton, Equifax or McAfee for safety. You can sign up to one of their intentions for yourself or your home for just a few dollars per month (or, in some cases, for completely ). Each of them offers something new.

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