When looking for the best type of protection for yourself and your identity, it's always important to choose things that will benefit you in the most desired way possible. Services like password keepers, single sign on services and identity monitoring are really useful to a lot of people, but one of the best - and most widely used - methods is called credit monitoring.
What is credit monitoring?
Much like yearly credit checks, credit monitoring focuses specifically on your credit file data. Included in these reports are credit scores, account activity, transactions, applications, credit check alerts, expenses and even delinquent payment notices as well as the status of your current account totals.
Do these services help people?
Yes. The credit monitoring services provided by companies like http://www.identityguard.com/ have been used by people to gain security and control over their finances in a simple manner. When dealing with identity theft and potential invasion of privacy, it's important to be informed and have an idea about what you're looking at - these services send reports back to users, giving them an in depth look at what has been happening within their credit files over a period of time. Not only do these services alert people to certain activity that could indicate identity theft, but they help them to understand all of an individual's various accounts at the same time by compiling results and listing them out. Rather than spending the time logging into various accounts and taking note of the status of each one, the required information will be available in a single document spanning the entire collection of financial accounts in your name.
Who uses credit monitoring services?
Though there are different types of identity theft, credit monitoring services work well for people that are concerned with any of them. In person, online and even via mail, thieves target different information about people, but most of the information leads back to finances in some manner. If a thief has access to your money or credit lines, the aftermath can be disastrous and take quite some time to clean up. Using the credit monitoring services will not prevent the theft from occurring, but it can alert you to the fact that it is happening, rather than there being no notice for weeks - or months. Knowing that there is a discrepancy with your accounts can save you time and hassle - meaning that as long as you know that something has changed or happened without authorization, you can do something about it. Anyone with concerns about the safety and security of their money would benefit from the use of a service like one that monitors credit.