One great way to keep track of your credit and any changes to your credit it to sign up with a credit monitoring service such as Equafax. Equafax offers you 24/7 access to your credit report and other valuable services and protection. It provides services to consumers and businesses alike.
Everyone is entitled to get a free credit report once a year, but this report does not give you a credit score and knowing your credit score is important. Your credit score tells potential lenders how credit worthy you are and it also determines what interest rate you will be charged on any loans you may become eligible for.
With identity theft on the rise, getting a credit report once a year may not be a good idea anymore. Within a year's time, a criminal can ruin your good name by opening up accounts and not paying and even getting employment under your name, possibly leaving you owing the IRS.
Choosing one of the subscriptions that Equafax has to offer will help you see changes to your credit report and help you detect fraud 24 hours a day 7 days a week. The choice is up to you:
The Equafax Complete Advantage Plan puts the power of credit monitoring and identity protection together in one easy to use product. This plan monitors all three credit bureaus and can send you email or text message alerts that can warn you of potential identity theft. This plan also gives you unlimited access to your Equafax credit score plus $25,000 in identify theft insurance.
The Equafax Complete Premier Plan is their newest product that gives you access to credit monitoring, credit scores and a whole lot more.
Here's what you get:
-Get your credit scores from all three credit bureaus once a year
-Get 24/7 credit monitoring and alerts of key changes to all three credit bureaus
-Unlimited access to your Equafax credit score
-The automatic fraud alert feature detects possible identity theft
-Get help with cancelling and reissuing credit and debit cards, checkbook and travelers checks, passports, visas and immigration documents, driver's license, socials security cards and military identification cards
-Plus up to $1,000,000 in identity theft insurance
Use Equafax's Score Watch for an easy way to keep an eye on your FICO score. Your FICO score can mean the difference between getting a loan or being denied a loan. The FICO score also determines what interest rates that lenders will give you. The higher the FICO score, the lower the interest rates. With Score Watch you get:
-A full FICO score and credit report once a year
-Set your target score and receive an alert if it changes
-Monitor your credit report daily
-Customer service to answer your questions seven days a week
For businesses, Equafax offers more in-depth solutions to help businesses weight the risk of potential customers, tools to help avoid fraud and marketing tools to help businesses improve customer prospecting, retention, cross selling and analytics.
Equafax is definitely your one-stop shop for all of your credit monitoring and identity theft protection needs. See more of the top credit monitoring plans for 2019 here.