Myth #1 – Credit monitoring services are only for people with excellent credit.
Many people assume that credit monitoring is unnecessary if they have less than desirable credit. This couldn’t be farther from the truth. Regardless of your credit standing and scores, identity protection is important. Identity thieves preying on innocent victims don’t know what your credit scores are with each of the three credit bureaus or credit report agencies. They only know they’ve got your personal information and are ready to use it.