Identity Theft Shield Review | Trust Score & Ratings

Founded2004

HeadquartersAda, Oklahoma

Trust Score92/100

About Identity Theft Shield

Identity Theft Shield is a network marketing company that specializes in identity protection services. Founded in 2004 and based in Ada, Oklahoma, they offer products aimed at safeguarding consumers' personal information.

Their business model operates on a binary compensation structure, allowing distributors to earn through sales and team-building. Distributors can start by buying products at wholesale prices and selling them for a profit, while also striving to increase their rank for higher commissions.

With a BBB rating of A and a Trustpilot score of 3.6/5, Identity Theft Shield seems to maintain a solid reputation. However, their income disclosure shows a concentration of earnings among top distributors, and monthly purchase requirements exist for full commissions.

Pros and Cons

✓ Pros

BBB Rating
With an A rating from the Better Business Bureau, it shows they handle customer complaints well.
Low Risk Level
Rated low risk, which means there aren't major red flags about the business model.
Potential for Matching Bonuses
The matching bonus structure can reward team-building efforts, which could lead to higher earnings.
Established Company
Founded in 2004, they have years of experience in the identity theft protection space.
Decent Trust Score
An 88/100 trust score indicates a generally positive reputation among users.

✗ Cons

Income Disclosure Concerns
The income disclosure shows that most earnings are concentrated among a few top earners, which is a common issue in MLMs.
Monthly Purchase Requirements
To earn full commissions, distributors must meet monthly purchase quotas, which can add financial pressure.
Mixed Trustpilot Rating
A 3.6/5 on Trustpilot indicates that experiences can vary widely among users.
Binary Compensation Plan Complexity
The binary structure can be confusing and might not be suitable for everyone, especially newcomers.

Verdict: Identity Theft Shield has some solid points, like its BBB rating and low risk level, but the concentration of earnings among top earners and monthly purchase requirements are concerning. If you're considering it, do thorough research and understand the compensation plan fully before diving in.

Best for: This might be a good fit for someone with experience in MLMs and strong sales skills. If you're not comfortable with monthly purchases or complicated compensation plans, it might be best to steer clear.

Risk Analysis

Identity Theft Shield has a low risk profile, with some concerns related to income concentration and monthly purchase requirements. Overall, the company's structure supports retail sales but has common MLM pitfalls.

Key Concerns

Top earner concentration moderate
Income disclosure shows that a significant portion of total earnings is concentrated among a small group of top earners.
Monthly purchase requirements moderate
Distributors must meet purchasing quotas to earn full commissions, which can lead to unnecessary expenses.

Positive Indicators

BBB Rating of A
The company has a strong rating from the Better Business Bureau, indicating good customer service and complaint resolution.
Trust Score of 88/100
A high trust score suggests a relatively positive reputation among consumers.

Consumer Advice: If you're thinking about joining, be cautious of the income concentration and monthly purchase requirements. Make sure you understand the costs involved and whether you can realistically achieve the earnings potential they present.

Frequently Asked Questions About Identity Theft Shield

Is Identity Theft Shield a legitimate MLM company?

Yes, Identity Theft Shield is a legitimate MLM company. Founded in 2004 and based in Ada, Oklahoma, it has an A rating from the Better Business Bureau, which adds to its credibility.

What products does Identity Theft Shield sell?

Identity Theft Shield offers identity theft protection services. Their products include monitoring services to help safeguard your personal information, which is crucial in today’s digital world.

How much can you make with Identity Theft Shield?

Income potential with Identity Theft Shield varies widely. According to their income disclosure, there's a concentration of earnings among top distributors, meaning most people might not make significant money.

Are there any complaints about Identity Theft Shield?

There are some complaints about Identity Theft Shield, mostly regarding the business model and the pressure to maintain monthly purchases for commissions. It’s always good to do your research and read reviews before diving in.

What is the compensation plan of Identity Theft Shield?

Identity Theft Shield uses a binary compensation plan with a matching bonus. Distributors earn money through product sales and can also earn commissions by building a team, but be aware of the monthly purchase requirements to maximize earnings.

How much does it cost to join Identity Theft Shield?

The cost to join Identity Theft Shield isn't publicly listed, but new distributors typically buy products at wholesale prices to sell retail. This initial investment can vary based on the products you choose.

What is Identity Theft Shield's BBB rating?

Identity Theft Shield has an A rating from the Better Business Bureau. This suggests they handle customer complaints well and maintain a good reputation.

What is Identity Theft Shield's Trustpilot score?

Identity Theft Shield has a Trustpilot score of 3.6 out of 5. While it's not perfect, this rating indicates a mix of positive and negative experiences from users.

Are there alternatives to Identity Theft Shield?

Yes, there are several alternatives to Identity Theft Shield, including companies like LifeLock and IdentityForce. Each has its own features and pricing, so it’s worth comparing to find the best fit for your needs.

Compensation Plan

Plan Type

This is a binary plan. That means you build two teams: one on your left and one on your right. Your earnings depend on how well these teams do.

How Earnings Work

Retail Profit: Buy products at a lower price (wholesale) and sell them at a higher price (retail). Keep the difference as your profit.
Team Commissions: As your left and right teams make sales, you'll earn commissions based on the sales volume. The more they sell, the more you make.
Matching Bonus: When someone you sponsor earns money, you can earn a percentage of their earnings too. It's like a bonus for helping them succeed.
Leadership Bonus: If you reach certain ranks, you can earn additional bonuses for leading your teams effectively.
Incentive Trips: They offer trips and rewards for top performers. If you hit certain milestones, you could earn a free vacation!

Qualification Requirements

You need to maintain a minimum monthly purchase to qualify for full commissions. This means you have to buy a certain amount of product each month.
To advance in ranks, you need a specific number of active members in your teams.
Rank advancement is based on the total sales volume of your entire team.