Credit Monitoring Services help you by securing your personal information and keeping close tabs on your credit history. You need to know if there have been unauthorized accounts opened in your name and fraudulent use of your credit. We all have concerns about identity theft and would need to take a proactive approach when protecting our credit. A 24 hour credit monitoring service is the best protection.
Credit monitoring makes it easy for you to monitor all three of your nationwide credit reports by alerting you of any changes to your credit file. If there is anything to report, you will be notified of any changes to your credit file like newly opened lines of credit or submitted credit applications. You can receive emails, text alerts or an old fashion letter, depending on your preference with most monitoring products.
When looking for a Credit Monitoring Service, make sure they check credit reports from all three credit bureaus. Many times info that is included on one credit report will not appear on the other. Find out how long the company has been in business and how much expertise does it have. Watch out for companies that make over the top promises. Do a google search to find any complaints that have been filed against the credit monitoring service provider. Shop around, but consider going with a brand name you know or trust.
The experts do not all agree on whether credit monitoring services are worth the money. Some say it’s an extra layer of protection that’s smart to have. Others say it’s unnecessary and something you can do yourself for free.
As stated in a few of our other articles, you can get your free credit report every 12 months from each of the credit reporting companies. The advantage of ordering one now and others later, one credit report every four months let’s say. Is that you will keep track of any changes or new information that may appear on your credit report. So if you request yours from only one credit agency today. You can always request from the other two at a later date. That way, you will have access to your updated credit report every four months throughout the year.
Credit Monitoring Services
In addition, Credit Monitoring Services make it easy for you to monitor your credit report in near real-time with alerts by text or email.