Posts tagged ‘compare credit monitoring services’

Compare Credit Monitoring Services

Find The Best Credit Monitoring Service

Does subscribing to credit monitoring services make sense? Well, in this day and age of the internet where identity theft has become rampant, it makes sense to obtain some sort of credit protection.

Consider these staggering stastistics:

  • Every year over 1 in 10 americans will become a victim of identity theft or credit fraud, and the annual trend is getting worse. Average losses incurred are said to be over $5000 per individual. This is when you rely solely on paper statements to monitor your credit. For all we know your personal information may have already been compromised. It’s just that this stolen data which contains your personal information hasn’t been actively used by the identity thieves as of yet. It’s just a matter of time before they do… (*You can always read more details here regarding the shocking facts & statistics of identity theft*)
  • On the otherhand, studies have shown how those who utilize credit monitoring services only reach losses of around 1/10th of that amount ($500+) because they’re quickly alerted to any fraudulent credit activity. And since pretty much all credit monitoring services have IDENTITY THEFT INSURANCE in place, any losses you’d incur from identity theft or credit fraud is quickly recovered. In essence, you lose $0.
  • Out of the many free trial credit monitoring + identity theft protection services you’ll come across on the net, we rate these as the TOP offers, based on quality of service, features, and overall customer feedback. If it’s not on this chart, then it didn’t make the grade.

    Credit Monitoring Comparison Chart
    Name Ratings Credit Scores You’ll Receive Credit Bureaus Monitored Trial Period Other Benefits
    free credit score

    All 3 Scores:
    Experian
    Equifax
    TransUnion
    Experian
    Equifax
    TransUnion
    Free 7-day Trial
    $29.95/mo thereafter
    Free 3 Credit Scores. 3 Bureau Monitoring
    freecreditscore

    Single Credit Score Experian
    Equifax
    TransUnion
    Free 7-day Trial
    $17.95/mo thereafter
    Free Credit Score. $1 Credit Report. 3 Bureau Monitoring
    myscore

    Single Credit Score Experian
    Equifax
    TransUnion
    Free 7-day Trial
    $29.95/mo thereafter
    Free Credit Score. 3 Bureau Monitoring
    myscore

    Single Credit Score Experian
    Equifax
    TransUnion
    Free 7-day Trial
    $29.95/mo thereafter
    Free Credit Score. 3 Bureau Monitoring

    THIS NOTICE IS REQUIRED BY LAW. Read more at FTC.GOV. You have the right to a free credit report from AnnualCreditReport.com or 8773228228, the ONLY authorized source under federal law

    So why do these trial offers exist?

    Simply put? So you can try out their services (credit monitoring or identity theft prevention) and see if you’ll like it. After the free trial period, many individuals will continue with the paid membership because they’ve experienced and liked the benefits of the service. Ofcourse, many will simply cancel the service during the free trial period. But they at least get to see their 3 credit scores for free. And ofcourse the chance to experience the best credit monitoring service.

    QUICK REVIEW:

    ClickFreeScore — Free 3 Credit Scores

    A convenient way to see your free credit scores via desktop or mobile. Banks, creditors, loan services, etc look to your credit SCORE to determine your creditworthiness. And a very nice 3 bureau credit monitoring plan. (more details…)

    GoFreeCredit.com — Free Single Credit Score + $1 Credit Report

    During the trial period, you get to see your credit score for free. There’s also your credit report for $1. Easy to sign up and FAST! Lot’s of other learning resources, identity theft insurance up to $1,000,000. Lower monthly payments compared to many of the other monitoring services. Personalized Debt Analysis and Credit Trending reports. (more details…)

    MyFreeScoreNow — Free Credit Score

    Features include Instant Score from one of the credit bureaus. A personalized report of factors affecting your current credit score. Email alerts of significant changes to your credit report. An updated credit score each month. Notice of who is looking at your credit. Worth checking out. (more details…)

    FreeScoreConnect – Free Credit Score in Seconds

    Sign up easily to receive a free credit score. Just answer a few short questions. FreeScoreConnect provides you with the tools you need to access and monitor your financial profile through the program’s credit reporting and monthly monitoring benefits. (more details…)

    CONCLUSION

    Seeing your free credit report gov is important – your free annual credit report. But you also need to see your free credit score gov since that’s ultimately the grade you’re getting about your credit. FWIW, these trial services have learning resources and tips for helping you to raise your credit score as well. By understanding how to raise a score and avoid things that can lower the score, a person can make conscious decisions to improve his or her credit rating. This often means lower interest rate mortgage loans, higher rate of approval for loans, and higher loan amounts. The free credit score seems like a no brainer, but you do need to realize that the majority of them are trial memberships. You do need to cancel the membership before the free trial ends if you choose not to continue with it. But if you are serious about monitoring your credit as well as get the kind of protection and recovery via their ID THEFT INSURANCE, then you’d want to continue with one of these services. compare credit monitoring services best credit monitoring service