What is the difference between Equifax and Lifelock? - ProProfs Discuss
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What is the difference between Equifax and Lifelock?

Asked by C. Gray, Last updated: Jun 24, 2020

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William James

Being a social activist means I have to stay active online as well as offline.

William James, Social activist, Master of Social work(MSW), Milford, Connecticut

Answered May 19, 2020

Equifax is known to be an agency involved in consumer credit reporting in the United States, as well as a few other countries. Equifax is considered to be one of the top agencies that provide information on the personal credit, as it also prevents the violation of laws of privacy. Many businesses and industries find their information very useful to them. Equifax happens to be a private owner organization that works closely with several governmental bodies in different countries.

Equifax was founded in the year 1899 and was formerly referred to as the Retail Credit Company. On the other side of the coin, Lifelock is a company that is responsible for protecting an individual against fraud. The company provides its clients with an identity alert system, which identifies any form of theft or fraudulent acts. Lifelock is a more recent company, as it was newly introduced in the year 2005.

 

D. Nichols

D. Nichols

Answered May 11, 2020

Equifax and Lifelock may seem to be the same in the beginning, but actually, these two are used for different things. You can use Lifelock if you would like to check the Dark Web. You know that there are various details and information that will not be readily available when you just check your normal web browsers.

Using LifeLock will allow you to scan some things that you never thought you would get to see. At the same time, this is mostly used in order to see if the account that is being checked out is fraudulent or fake. Equifax is a credit bureau. Lifelock and Equifax started working with each other since the year 2015.

 

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