One value proposition that we probably don’t advertise as much as we should is that using FeeFighters dramatically limits the amount of personal and financial information that you need to disclose when shopping for financial services for your business.

For many financial products you must disclose information such as your revenue, address, EIN, social security numbers, credit references, etc. in order to get a price quote. This is exactly the information that an identity thief would need to impersonate you. If you are a diligent shopper, you may look for 5 quotes, which means this critical information is in the hands of at least 5 people.

Normally people are trustworthy, particularly those involved in financial industries. However, particularly in the case of industries that have lots of small, independent, agents or salespeople, such as insurance and credit card processing, you have no idea what sort of information security procedures the agents utilize. For example – after you select 1 service provider from the 5 that you approached for quotes, are you sure that the other 4 service providers properly shredded and disposed of your financial information, or is there a chance that somebody is digging through their trash and finding your vital information.

FeeFighters allows you to get quotes from many reputable financial service providers. We keep all your confidential information on our secure servers and only parcel out small amounts of the data (and never any names, EINs or social security numbers) to the bidding service providers. Full information is only provided to the winning bidder and all confidential information is disposed of properly after the auction is complete.