Have you ever called your credit card company or visited the Big 3 reporting agencies websites? Have you noticed that they offer a service that you can pay for to make sure that no one steals your identity or to give you alerts when something has changed on your report? They offer credit monitoring. Credit monitoring from these companies is a loose loose situation because these are the same companies that report the information to the credit bureaus.
Companies report inaccurate credit information to credit bureaus all the time and then they have the nerve to offer credit monitoring services.
Are you curious yet?
That’s just like paying your car insurance company every month, and they pay someone to set you up to get into a wreck. Just so you will use the insurance and justify raising your rates. Is that fair?
Of course not, why would you pay the same people to protect your report when they are the ones assisting in the inaccurate information that is on your report?
The only way you can make sure that your report is correct, is monitor it yourself and make corrections to your report yourself. You can monitor your credit report using several different credit monitoring services. One service that is really good for credit monitoring is USAA.com. USAA has a great credit monitoring service that is super cheap and provides automatic updates when anything changes. Best of all with their credit monitoring service they provide all three credit scores. This is a huge benefit with their credit monitoring service.
Empower – Educate – Take Action
H & I Credit Solutions
Related posts:
Laxmi
February 16, 2012