August 26, 2015

Credit Protection Through Credit Monitoring of 3 Credit Bureaus

There are 3 credit bureaus that offer credit monitoring to consumers in the United States. Each of the 3 major credit bureaus, Equifax, TransUnion, and Experian provide credit protection services 24 hours a day, 365 days a year. While these credit report agencies maintain credit profiles for millions of Americans, they also offer a variety of expanded services such as consumer alerts to changes in credit files, credit freeze assistance, and theft insurance, USA.Gov

Credit Monitoring Services By Three Major Credit Bureaus

Lets take a look at the 3 major credit bureaus below.

Equifax

Equifax is the largest of the three major bureaus and offers consumers a whole host of credit monitoring services. These include:

Privacy Monitoring – Monitor your information on the Internet. Determine what information must be removed for the best credit protection.

Credit Report Monitoring – Receive alerts to important changes in your credit file.

Childs Credit File Monitoring – Monitor your child’s personal information.

Credit Score Monitoring – Alerts you to changes in your credit score.

ID Theft Insurance – Reimbursement of certain expenses associated with ID theft.

ID Theft Assistance – Specialized Agents help you respond to ID theft when you contact the credit bureau.

Credit Report Lock – Lock and unlock your credit files online.

Financial Alerts – Get alerts about bank and credit card activity.

Fast Pay Plan – Automatically calculates how to pay down debt the most efficiently.

3 Credit Bureaus – Get credit reports from all three credit bureaus.

The Equifax Credit Report – Your easy to read credit report summary.

3 Credit Scores – Get credit scores for all credit bureaus.

The Equifax Credit Score – Calculates your credit score through a proprietary formula.

Lost Wallet Protection – Help with cancelling important accounts and reissuing documents such as passports, insurance cards, driver’s license and Social Security card, if wallet is stolen.

TransUnion

TransUnion was formed originally from the Union Tank Car Company in 1968 and offers many monitoring services to consumers. These include:

Credit Scores – TransUnion credit scores using proprietary formula.

Alerts – Email notification of important changes to credit file for identity protection.

Debt Analysis – Analytics of your debt and credit trends.

Credit Lock – Control over credit report lock and unlock online.

Identity Theft Specialists – Access to ID theft personnel unlimited. Specialists help you through the process of notifying creditors and other credit bureaus as well as freezing accounts if necessary.

Theft Insurance – Insurance in case of identity theft up to $25,000.

Experian

Experian was created in 1996 when TRW Information Systems & Services, a credit reporting agency and CCN Group merged. Experian provides credit monitoring to consumers and features:/p>

Experian Credit Tracker – A credit-tracking package that includes an Experian credit report and scores based on the company’s own specific methodology.

3 Bureau Credit Monitoring – Monitoring all three credit bureau reports and providing alerts to consumers when changes are detected from all three credit-reporting agencies.

Fraud Resolution Support – Specialized staff assist victims of identity theft through toll free credit bureau phone numbers.

3 Bureau Credit Report and Scores – Credit reports and scores from all 3 major credit bureaus, Experian, Equifax, and TransUnion.

Experian Credit Report and Score – Credit reports and scores based on Experian’s proprietary formula.

With all three major credit bureaus monitoring your credit files there are many products and packages to choose from. Equifax, Experian, and TransUnion each trademark their particular credit monitoring services and tools for consumer use. Whether you choose a basic monitoring service from one of the bureaus or a more enhanced credit product from Best Credit, we’re here to help you with information and education.