Delray Beach, FL (PRWEB) July 30, 2010
NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services, reminds consumers that by participating in a credit monitoring service they are being proactive in defending themselves against identify theft as well as staying well-informed about changes in their own credit.
Most credit monitoring services screen a credit file for new activity, account changes, credit fraud and identity theft. For instance, if changes or inquiries are made into a credit file NationalCreditReport.com notifies its customers via e-mail within 24 hours. These e-mail alerts may be the first indication of a legitimate credit inquiry, credit discrepancy, or inaccuracy in a credit file or fraudulent activity within a credit file. Credit monitoring, when used consistently, is a great source of protection against serious credit inaccuracies, credit fraud and is a way to help prevent identity theft.
“There are two important reasons individuals monitor their credit using a credit monitoring service,” said Samuel S. Ambrose, Vice President of Marketing and Operations of NationalCreditReport.com. “Consumers need to know what their credit scores are and watch them for changes so they know what prospective lenders, employers and insurers can see regarding their finances. Credit monitoring is also a good way to help prevent identity theft.”
Ambrose notes that a newer form of compromised identity is ID theft from social networking. “People have known for a long time that a stolen credit card or a sensitive document falling into the wrong person’s hands can expose them to identity theft,” said Ambrose. “As the popularity of Facebook and other social networking sites continue to grow, an increasing number of individuals have become more aware of privacy issues regarding these websites and have improved their levels of security on these sites to prevent ID theft from social networking.”
As in all cases of a compromised identity, NationalCreditReport.com suggests participating in a credit monitoring service especially for consumers who think they might be a victim of identity theft.
Ambrose also notes that NationalCreditReport.com’s credit monitoring service customers also receive $25,000 worth of identity theft insurance.
Alerts regarding changes in your credit file are the second benefit of participating in a credit monitoring service. Credit reports can be filled with incorrect information, ranging from typographical errors to address variations to identity theft and credit fraud. It’s important to check your credit reports online from the three major credit bureaus to know whether there is any information you should dispute.
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 check their credit report on a regular basis.