Credit Monitoring Service
One of the worst things that can happen to our finances is having our credit wiped out by identity theft. To help thwart this widespread problem, many companies offer you a way to monitor your credit file to make sure that nothing illegal is going on. If you do decide you want a monitoring service’s help, make sure you find out the following:
- How often your report is checked at each bureau, and how often those reports are updated.
- How quickly you’ll be sent an email if something suspicious occurs. Find out the longest that a problem could appear on your report at any of the bureaus before the service would bring it to your attention.
- How much the service costs and how often you will be charged.
- What other services are provided (identity theft insurance, concierge help in reporting identity theft) and how you can access those services.