Identity theft and credit card fraud are on the rise in recent years. Diligent consumers seek out effective methods of protecting their personal data. Credit monitoring services, such as Privacy Guard, offer affordable monthly subscription plans that include regular reports from all three credit bureaus, along with the consumer’s credit scores from each agency.
Privacy Guard Services
Privacy Guard is a well-known credit monitoring service that offers identity theft protection and access to your credit report and score from all three credit bureaus. The standard Privacy Guard credit monitoring service is available to subscribers at the cost of $14.99 per month. However, the company is now offering a 14-day trial of the service for $1.
With a Privacy Guard credit monitoring plan, you can configure alerts on your credit reports with Experian, Trans Union and Equifax. Receive an alert any time an inquiry is made on your credit record. Select to receive your alerts by phone, text or email.
Privacy Guard compiles data from each of the three credit reports into one easy-to-read document. Keep track of your credit rating at a glance with Privacy Guard’s report. If you are working on improving your credit rating, the Privacy Guard report is your perfect scorecard to track your success.
Protect Your Credit
In addition to purchasing a Privacy Guard credit monitoring plan, be sure to take measures to always protect your personal data and credit rating. A few tips to help you continue to improve your credit rating include:
Dispute Any Errors
The first step toward credit repair is identifying any errors on your credit report. Inspect your report from each of the three credit bureaus. If you do not recognize a creditor or if you disagree with an entry, do not hesitate to dispute the item. All three credit bureaus provide a dispute process. Check the websites for the credit reporting agencies to learn more about disputing errors on your credit report.
Always Pay On Time
Pay your bills in full and pay them on time. Each late payment is documented on your credit report from one or more credit bureaus. However, when you develop a habit of always paying bills on time, this information is also reflected in your credit report. Consistently paying your bills will build your credit score over time.
Pay Off Balances
Paying off your credit accounts always looks good on your credit report. Pay off credit card balances and other accounts to improve your credit rating. The more accounts you can pay off and close, the more your credit score will climb.
Keep Your Data Private
Never give your Social Security Number to someone you do not know. Be careful about providing your SSN to people over the phone or online. Keep your private papers locked away and out of reach of casual visitors. Shred your trash and never throw away credit card applications, bank documents or any other paperwork that includes your identity information. Keep track of your credit card when using it in public.