Delray Beach, FL (PRWEB) August 20, 2010
NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services, reminds consumers that while participating in a credit monitoring service is an effective way to be notified of critical changes in one’s credit report, they should also be diligent about promptly checking their bank account and credit card statements for mistakes that can cause credit report damage.
“Credit monitoring services scan a person’s credit file for new activity, account changes, credit fraud and identity theft,” said Samuel S. Ambrose, Vice President of Marketing and Operations of NationalCreditReport.com. “However, significant credit report damage can be caused in the form of mistakes on credit card or bank account statements as well as fraudulent charges by identity thieves.”
In addition to items that can cause credit report damage, Ambrose notes that it is also important to review financial statements to ensure that you are protecting your own pocketbook. “Make sure that all of the charges on your statements are accurate and made by you,” said Ambrose.
While examining financial statements and obtaining credit reports to check for inaccuracies are not means of actually preventing identity theft, Ambrose notes that it is wise to review these statements as soon as they are received to detect possible fraud and prevent any further unauthorized use of your accounts. “Preventing identity theft is an uphill battle,” said Ambrose. “However, smart consumers are diligent about checking their statements and obtaining credit reports regularly to watch for any significant red flags.”
As in all cases of a compromised identity, NationalCreditReport.com suggests participating in a credit monitoring service especially if you think you might be a victim of identity theft. Credit monitoring services scan your credit reports for significant changes and alert consumers via e-mail if they are found. A credit monitoring service provides a convenience to the consumer who then does not need be concerned with obtaining credit reports and reviewing the reports regularly.
Since 2004, NationalCreditReport.com has specialized in providing credit information and credit monitoring services to consumers to help them understand their credit report and score. NationalCreditReport.com encourages consumers to obtain their credit report on a regular basis.