I’m thinking about signing up for a credit check monitoring system and have several options?
Winerrr asked:
For example I can go via Costco pay a little more and have all three monitored or go to a financial instituion pay several dollars less but only monitor one of the three credit agencies.
I guess it all depends on how important it is for me and 24 dollars or so more a year… Also – has anyone used Costco credit monitoring system? If so is it good?
i dont know, but i used freecreditreport.com and it was such a waste of time.
plus when i tried to cancel it, they were rude and kept me on the phone for almost TWO HOURS trying to convince me to keep it, and threatening me!!
so just don’t use them.
ugh.
Why do you want to get credit monitoring?
Are you planning to get a mortgage or other large loan within the next year and you want to be sure of what’s on your credit report? If you’re not planning to buy a house (or Corvette) soon, you may not need to track it that closely.
Or are you doing it for identity theft protection? Some identity theft protection plans include credit monitoring too:
Costco usually is a good company to deal with. I’ve never used their monitoring services, but have used them for other things.
Unless you’re the victim of identity theft, any credit monitoring service is a complete waste of money!
You can monitor your own credit by spacing out your free credit reports from the three credit bureaus (one bureau every 4 months).
Go to AnnualCreditReport.com to get you free credit reports. It’s the only site where you won’t have to sign up for monitoring. You will have to pay for credit scores, if you want those.