Fighting Identity Theft
Cology, Inc., has had 50 years of experience providing outsourced student loan products and services to education finance companies. It offers services like student loan market management, sales management, origination, and disbursement to lenders participating in the Federal Family Education Loan Program (FFELP) and private loan programs.
Identity theft is a growing concern among parents, students, universities, and lenders, as it has been labeled one of the fastest-growing crimes. Identity theft is the act of using personal identifying information such as someone's Social Security number, date of birth, name, address, or credit card number to commit fraud. Every year, a large number of people are victims of identity theft and resulting monetary losses.
LifeLock helps consumers make their personal information useless to identity thieves. The company offers its service to individuals as well as companies who use can it for the benefit of their customers, as in the case of Cology, Inc. The service that LifeLock offers is available for free.
LifeLock protects against identity theft and fraud by asking the credit bureaus to set up fraud alerts on behalf of individuals and continuously renewing each request every 90 days. The company continues to do this regularly until the customer opts out. LifeLock also requests the removal of individuals' names from pre-approved credit card and junk mail lists. These requests are also regularly renewed as they expire, as such lists are known to be the most common avenues by which thieves hijack identities. The company orders free credit reports on behalf of clients.
Lastly, if a client's identity is misused, the company will do whatever it takes and spend up to $1 million to recover his or her good name.
|
||||||||||||||||||||
+ Consolidate Your Private Student Loans Now! (Save Thousands!!)
Tell A Friend
The Healthcare Career Resources column is presented by HealthcareCrossing, America's leading job search site dedicated to getting jobs for healthcare professionals.
Save Money with a Private Student Loan Consolidation from Medical School Loans By Brooke Heath Even as a young child practicing medicine on your stuffed animals, you knew that you were destined to become a physician. But the road to obtaining your medical degree takes more than just the ability to mend the imaginary wounds of a teddy bear. + read more |
CALCULATORS | |
Stafford Loan Payment Calculator | |
PLUS Loan Payment Calculator | |
Loan Consolidation Payment Calculator |