subject: Identity Protection and Credit Monitoring – How They Affect Your Credit Reports and Scores [print this page] Identity Protection and Credit Monitoring How They Affect Your Credit Reports and Scores
If you don't think that credit reports and scores are important, you've obviously never tried to buy a house, buy a car, or get a loan. What the credit bureaus say about you has a major effect on your life. If they don't have anything good to say, you'll wind up searching for credit cards for people with bad credit.
However, there are 2 big things that you can do to make sure that your credit reports and scores stay accurate.
1.Identity protection
Identity theft is one of the most common crimes on the planet. If someone steals your identity, they can wreak havoc on your credit reports and scores. Before you know it, a thief's recklessness can damage every purchase you try to make!
However, identity protection was designed to combat just that. Identity protection is a professional service that keeps close tabs on your credit information. With one of these services, you can check your credit information ever month, every week, or even every day to see your most recent credit activity. Plus, these services will also monitor any activity surrounding your Social Security number or your address. If something suspicious pops up, you can deal with it before it ruins your credit.
And, in case the worst does happen, identity protection services also come with insurance and other victim assistance to help you get through the crisis unscathed.
2.Credit Monitoring
Credit monitoring is something that you can do with or without a professional service. With credit monitoring, you can keep close tabs on your credit activity. If anything strange shows up, you can take steps to solve the problem before it gets worse.
In fact, active credit monitoring can stop an identity thief in his tracks. Identity thieves bet on the fact that no one's keeping a close eye on things. They figure it will be months before anyone figures out that something is wrong and, by the time they do, thieves just move on to another victim.
If you don't want to wind up spending your time searching for credit cards for people with bad credit, you need to take a proactive stance when it comes to your credit reports and scores. Due diligence on your part can save you from a ton of frustration later!
