Freeze Your Credit, Don’t Lock It
A new law — the Economic Growth, Regulatory Relief, and Consumer Protection Act — takes effect on September 21, 2018. The law requires the big three credit bureaus to offer free fraud alerts and credit freezes. Equifax, Experian, and TransUnion will set up webpages for those services. You also have the ability to lock your […]
Credit Monitoring Services are a Waste of Money
Many companies (like LifeLock, Identity Guard, and IdentityForce) offer to monitor your credit report and alert you if something suspicious happens. These companies charge a monthly fee, between $9.99 and $29.99 per month. All three credit bureaus also offer credit monitoring services for various monthly fees. In theory, these service are a good idea. In reality, however, credit monitoring services […]
5 Tips to Protect Your Identity
Identity theft is a serious issue. In 2016, identity thieves stole $16 billion from 15.4 million U.S. consumers. Here are 5 tips to protect your identity. Get your credit report at least once a year. The best thing you can do to protect your identity is to obtain and review your credit report. You can […]