Everybody should have some credit monitoring service that allows them to check their credit reports regularly. In addition, it’s essential to keep an eye on credit score companies (TransUnion, Experian, Equifax) to make sure all of the information reported to them is accurate and fair.
Additionally, credit monitoring is a good line of defense against identity theft and fraud. As soon as someone tries to use your information to apply for a loan or credit card, you will be alerted immediately. You’ll be able to report the fraud and try to get the information removed from the reports.
Unfortunately, identity theft and fraud are not 100% preventable. However, they can be dealt with if you take the proper steps. The sooner you are aware of the fraud, the easier it will be for you to take actions to deal with it. This reason is why you need to join a service that offers easy access to credit score companies, your reports, and other personal financial information.
Credit repair is something to consider if your reports are already problematic, whether it’s from your debts, unfair reporting, or fraud.
Credit Score Companies Which Are Scams
Since there are numerous services out there, many of which are scams, it’s best to stick with offerings from the credit bureaus themselves. There is no need to go through a third party. Just signing up for monitoring and protection services offered by one of the three bureaus is enough for you to access your reports from all three bureaus. There is no need to try and check all three of them manually several times a year when you can view all three of them from the same web portal.
In addition to FICO score alerts and suspicious activity alerts, you get plenty of other alerts and services too, such as social network monitoring, fraud resolution services, adult and child identity protection, dark web surveillance, inquiries, new accounts opened in your name (through potential fraud), and so on.
Sometimes there are a few different packages to choose from at various prices. So even if you don’t think you’ll need a “premium” account, you should still look over all of the offers and what each offer comes with.
With some plans, you can even get protection for your children. It’s unfortunate, but child identity theft is rampant these days. Don’t let someone else try to steal your child’s identity.
Of the credit score companies, Experian offers the best solutions for families. Choose from IdentityPlus Plus or IdentityPlus Premium. In addition, there is a 30-day money-back guarantee, so you have nothing to lose.