Is Credit Monitoring Worth The Money?

There are a wide variety of credit monitoring services out there ¬- do the research and find the best one for you


Credit monitoring. It’s a phrase on the tips of tongues everywhere. Concerned consumers are reading more and more about identity theft, and trying to figure out how to keep it from happening to them. Credit monitoring is seen as one possible answer.

If you are researching credit monitoring, you know how these services work: They let you know if your identity has been compromised so that you can quickly take action to stop the theft and prevent any further damage. They alert you that there’s an issue - they don’t prevent the theft from happening. But they are effective when it comes to catching the creation of fraudulent accounts.

Most of the services offer, for a monthly fee, will monitor your credit report with the three credit bureaus, and option to initiate a fraud alert or to lock down your credit file. Some also offer assistance in opting out of pre-approved credit offers.

A lot of people are signing up for these services, despite the cost. When you shop for one, make sure you read the fine print. Find out exactly what they offer, and what limitations they have so you can make an educated choice.

But be careful. Don’t let signing up with one of these services give you a false sense of security - you still need to do your part. You’ll need to make sure that you shred all documentation that contains your personal or financial information before disposal. Make sure to lock up any documentation you keep on file.

Also, you should take care when online. Use difficult passwords, and change them frequently. You should only provide your personal or financial information when absolutely necessary, and only on secured sites. You’ll know a site is secure when you see “https” in the URL instead of just “http.”

Do all this, and you’ll be much more protected against identity theft.

Company Contact Information
SmartCredit
(877) 372-3895

Press Release Distribution and Press Release Service by I-Newswire