Benefits of Credit Monitoring

• Helps control your credit
• Constantly updates your credit report
• With credit monitoring access, you stay abreast of all changes via an updated 30 days report.

Credit monitoring helps you in spotting inaccuracies detected in credit report which could arise in consequence of an identity theft and exert a negative effect on your credit score. The impact of this negativity could have adverse impacts on your credit score, in turn leading to steeper interest rates and possibly even to the rejection of loan or credit card requests. Maintaining a track of any change in the report will give you sufficient time to fix them as these issues may be a hindrance when you apply for a fresh credit.

Keep Your Spending Under Check

Get to know whenever there’s a change in your account balance. You will receive a notification whenever there is an increase or a decrease in your spending and also when there’s a change in the utilization ratio of your credit.

Alerts in Real-Time

Alert notifications serve for announcing key changes. You will receive customized alerts regarding new inquiries, personal information changes and about detection of any suspicious activity concerning your credit report. Credit monitoring helps in keeping you well prepared for any preplanned large purchases and in avoiding any sudden surprises during your application process. Commonly, a three months credit monitoring is recommended before making a large purchase or going for a mortgage. That will ensure that all is well and show you whatever improvements can be made. It also helps to keep a close check on your credit, particularly after making a large purchase to ensure the accuracy and see its impact on your credit.