Wednesday, October 28, 2015
Should I Choose a Credit Monitoring Service?
Without a doubt, services like credit and identity monitors are huge assets to people that are looking for increased protection of the information that means the most to them. Financial and personally identifiable information are often used by thieves as a way to take what does not belong to them. By choosing to use a service like this, you'll be able to have a more firm understanding of exactly what is happening within your accounts even if you don't check them often - or cannot search through each one on a regular basis.
Credit monitors are used by people that are looking for an extra layer of safety of their information and finances. While this type of service cannot (and does not) guarantee you'll never become a victim, it alerts users to their potential presence and allows them to take action. By alerting you to certain activity, you can either confirm the action was yours or investigate further if you suspect something else is going on. Unfortunately, in cases of identity theft, victims often don't discover that anything is wrong until it is too late, and then it can take months or years to fully recover. A credit monitor will help to shorten the time between unjust access by thieves and discovery by users, which is an asset in fighting identity theft - and decreasing the amount of financial distress that people experience.
Services monitoring credit are useful because they provide valuable information and ensure that there is an extra set of "eyes" on accounts at all times. As computer services, they never take breaks, they never get tired, and they are able to scan through large amounts of information in very little time. In past cases where people were victimized by thieves, time was important, meaning that knowing something quickly made a great deal of difference in the outcome of situations. Credit monitoring has grown in popularity over the last few years due to the prevalence of this type of theft, and the companies that offer their services in this manner have created products that they stand behind, and are continually improving in order to stay current with the latest tactics used by thieves.