Lincoln captive launches identify theft package

Lincoln Automotive Financial Services, the captive finance arm of Ford Motor Company’s luxury range, has announced a free credit monitoring and identity-theft protection package for all US consumers who finance or lease with the lender.

The package, which offers coverage for two or three years depending on the original lease or loan terms, includes access to VantageScore, a credit score developed jointly by the three major national credit reporting companies; identity theft protection with up to $1 million in identity theft insurance coverage; around-the-clock credit monitoring and activity alerts with unlimited access to the client’s TransUnion Credit Report; and a dedicated identity restoration specialist to help clients restore their identities.

With lost wallet protection, Lincoln Automotive Financial Services clients may upload their driver’s license, credit card and other important numbers. If the wallet is ever missing, the client makes one phone call to a specialist who reports missing cards to the issuers and begins the replacement process.

The lender says the move has been prompted by research showing that someone in the US is the victim of identity theft every two seconds, while fraudsters stole $16 billion from 12.7 million US consumers last year.

“At Lincoln Automotive Financial Services, we take pride in creating an exceptional client experience,” said Krista Conyers, the company’s director of marketing. “This complimentary protection will alert our clients to activity affecting their credit and will help them restore their identity if it is compromised.”