Should I Have Credit Score Monitoring?

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SHOULD I HAVE CREDIT SCORE MONITORING?

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How do you know if you need credit score monitoring? Find out who needs credit monitoring and why.

Transcript of Should I Have Credit Score Monitoring?

Page 1: Should I Have Credit Score Monitoring?

SHOULD I HAVE CREDIT SCORE MONITORING?

Page 2: Should I Have Credit Score Monitoring?

CREDIT SCORE MONITORING IS A TOOL THAT MANY PEOPLE CAN BENEFIT FROM. MONITORING YOUR CREDIT ISN’T JUST FOR PEOPLE WHO HAVE A

LOT OF DEBT OR WHO ARE TAKING A LOAN SOON. EVERYONE COULD BENEFIT FROM KEEPING AN EYE ON INFORMATION IN THEIR CREDIT REPORT

IN ORDER TO PROTECT THEIR IDENTITIES AND AVOID MISTAKES THAT COULD COST THEM MONEY. BE SURE TO CHECK YOUR CHILDREN'S

ACCOUNTS TOO, TO ENSURE NOBODY HAS USED THEIR IDENTITIES TO ESTABLISH FALSE CREDIT.

Page 3: Should I Have Credit Score Monitoring?

WHAT IS CREDIT SCORE MONITORING?

A CREDIT SCORE MONITORING SERVICE WILL REGULARLY CHECK YOUR CREDIT REPORT AND SCORE AND ALLOW YOU TO ACCESS THIS INFORMATION WHEN YOU WANT TO. YOUR CREDIT REPORT IS A LISTING OF CREDIT ACCOUNTS THAT YOU CURRENTLY HAVE OPEN OR THAT YOU HAVE OPENED IN THE PAST. THE CREDIT REPORT CONTAINS DETAILS ON HOW MUCH OF YOUR CREDIT YOU’VE USED, WHEN YOU APPLY FOR NEW CREDIT, THE TYPES OF CREDIT YOU HAVE AND YOUR PAYMENT HISTORY. THE INFORMATION ON THE REPORT IS THEN USED TO GENERATE A THREE-DIGIT SCORE LENDERS USE TO DECIDE IF THEY SHOULD LEND TO YOU AND AT WHAT RATE.

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WHAT IS CREDIT SCORE MONITORING? (CONTINUED)

IF YOU WANT TO WATCH YOUR CREDIT SCORE AND KEEP TRACK OF THE INFO BEING

REPORTED, YOU’LL NEED TO OBTAIN YOUR CREDIT REPORT AND SCORE FROM EACH OF THE THREE MAJOR CREDIT BUREAUS IN THE

UNITED STATES. CREDIT SCORE MONITORING, ON THE OTHER HAND, LETS YOU SEE THE REPORT AND SCORE REGULARLY WITHOUT

HAVING TO ORDER A NEW REPORT FROM THE CREDIT BUREAU EACH AND EVERY TIME YOU

WANT TO TAKE A LOOK AT YOUR INFORMATION.

Page 5: Should I Have Credit Score Monitoring?

WHY YOU MAY NEED

CREDIT SCORE

MONITORING MOST PEOPLE WHO ARE

TRYING TO IMPROVE THEIR CREDIT SCORE OR GET OUT OF DEBT KNOW THAT IT IS HELPFUL TO CHECK THEIR CREDIT

SCORE. PEOPLE WHO ARE GOING TO BE MAKING A MAJOR PURCHASE, LIKE BUYING A HOME, ALSO

TYPICALLY KEEP TABS ON THEIR CREDIT SCORES

SO THEY CAN MAKE SURE THEY GET A FAVORABLE

MORTGAGE RATE.

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WHY YOU MAY NEED CREDIT SCORE MONITORING(CONTINUED)

HOWEVER, THESE AREN’T THE ONLY SITUATIONS WHERE CREDIT SCORE MONITORING MAKES

SENSE. CREDIT SCORE MONITORING CAN ALSO HELP ALERT YOU IF SOMEONE HAS STOLEN YOUR INFORMATION AND IS MISUSING YOUR DATA TO

GET CREDIT AND NOT PAY THE BILLS. IF A MISTAKE IS MADE, SUCH AS SOMEONE ELSE’S

CREDIT INFORMATION BEING INCLUDED ON YOUR REPORT, CREDIT SCORE MONITORING CAN ALSO LET YOU KNOW ABOUT THIS PROBLEM SO YOU

CAN GET IT CORRECTED.

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WHO NEEDS CREDIT SCORE MONITORING?

BECAUSE ANYONE COULD POTENTIALLY HAVE HIS IDENTITY STOLEN OR BE THE VICTIM OF A CREDIT REPORTING MISTAKE, EVERYONE CAN BENEFIT FROM CREDIT SCORE MONITORING TO HELP THEM IDENTIFY PROBLEMS. IDENTITY GUARD® IS ONE TOOL THAT CAN BE USED TO FIGHT IDENTITY THEFT AND TO KEEP TABS ON YOUR CREDIT, SO VISIT THE COMPANY’S

WEBSITE TODAY TO LEARN MORE ABOUT HOW CREDIT SCORE MONITORING MAY BE ABLE TO HELP YOU.