How Credit Monitoring Can Avoid Identity Theft

       By: Julia Kabaki
Posted: 2010-07-27 07:25:24
As you know, constantly monitoring your credit will help you avoid identity theft, in the sense that you will be able to catch the perpetrator before he does much damage. While you can check your credit report every year for free, this might not be enough to catch identity theft. Credit monitoring services that require monthly subscriptions will give you alerts via email, SMS, or standard mail about changes made in your profile, so if you know that you haven't done this, you can at least take the necessary actions in order to protect your financial future.What is great about credit monitoring services these days is that not only do they help alert you on identity theft; they also have tools that prevent identity theft. One of these tools is the fraud alerts, which is placed on your credit reports coming from all the three credit bureaus. Lenders and creditors are forced to verify your identity first before giving you a loan or a credit.You can also subscribe to the do not call list so as to minimize the people and companies who are viewing your credit information. Most companies who check out your information are actually legitimate companies, but it is still safer if you are to keep your credit report out of their hands, especially if you are not interested in asking loans from them in the first place.Having your identity protected is probably one of the greatest features of credit monitoring. Just treat it as a sort of insurance that you subscribe to every month to make sure that nothing goes wrong. Or if something does, at least you can remedy it right away. Identity theft can consume lots of time and money, so taking measures to prevent it before it is too late is definitely a wise decision.Here is the good news.After researching for quite some time, we have found a reputable and secure website that you can trust to obtain your credit rating. Click Here To Obtain Your Free Credit ScoresAbout the author.
The author Julia has a degree in the finance from University of North Florida. She has been in the financial industry for over 10 years and is a recognized financial expert in Florida.
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