Tuesday, June 2, 2015

Understanding The True Value Of Credit Monitoring

Credit monitoring is a popular and frequently appreciated service that allows you to carefully watch the activity within your credit accounts, and even be alerted when certain activities occur under your name. Some of the activities that you may be notified of could include the creation of new accounts, the use of credit cards in strange locations, or the suddenly enhanced use of credit cards. Credit check monitoring services can assist in detecting fraud and identity theft, therefore offering a form of protection.

The Issue of Identity Theft

As most people are aware of today, identity theft has grown to be a significant and serious problem within the United States and indeed across the world. The advent of the internet age has made it easier than ever before for malicious individuals to come up with new and innovative ways to get the information that they need from consumers. Phishing websites, for example, can lure customers into what appears to be a legitimate site, only to end up getting their account details stolen to be used for fraudulent crimes later.

Although credit monitor services and credit report monitoring can help to provide a layer of protection for individuals against the threat of identity theft and fraud, it's worth noting that credit monitoring does stop fraud from happening. Instead, it works by helping an individual detect certain activities in his or her accounts as quickly as possible.

What You Can Do to Protect Yourself Against Identity Theft

There are a number of actions that you can take when it comes to protecting yourself against identity theft, and accessing credit monitor services via Identity Guard®, for instance, is just one. Alongside the service that you access to provide you with alerts when certain updates take place on your credit reports, you should also make sure that you are cautious throughout your daily life.

Make sure that you never give your personal or sensitive details out to individuals over the phone or through email without making absolutely sure that you are in fact speaking to the person you believe you are dealing with. Also, it can be useful to shred any sensitive documents before you put them in the trash, to deter dumpster-diving criminals.

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