Protect Your Credit and Identity with Creditinform
Every year millions of Americans are victims of identity theft. Identity theft can cause financial ruin for many people and the individuals who are fortunate enough to clear up their credit report must often spend months or even years to clear their names. A credit monitoring service can help prevent identity theft and alert a consumer to unauthorized access to his credit report. The credit monitoring service also provides many other benefits to consumers. One such credit monitoring service is creditinform.
Creditinform is a credit monitoring service that provides several services to its consumers. Its website lists valuable educational information about consumer credit, such as how credit scores are determined, how often a consumer should check his credit score and how to improve one’s credit. Consumers purchase a monthly subscription for the service for $8.99 each month. Included with the price is access to a monthly credit score so consumers can see how their credit changes based on their decisions and financial habits.
This feature also allows consumers to report any inaccuracies on their credit report. Consumers also receive unlimited access to their credit score and the site’s credit tools. A subscription to creditinform also includes a monitoring service that alerts consumers to any changes in their credit report. Consumers are instantly informed if there is an address change in the credit report, if new accounts have been opened or if any inquiries have been made on the credit file. By alerting consumers to recent activity, consumers can put a freeze on their credit before an identity thief costs them money.
In the event that the consumer becomes a victim of identity theft, consumers also receive up to $20,000 in
identity theft insurance. They can also be reimbursed with $2,000 for lost wages. Creditinform will also pay for notary signings and certified mail costs to complete fraud affidavits. The service may also provide for attorney fees to defend against cases that have been wrongly brought against the consumer.
One of the financial tools that comes with a monthly subscription to creditinform is the Credit Analyzer. This tool allows you to simulate actions that affect a consumer’s credit. For example, a consumer can observe how acquiring a new loan or paying off credit cards will increase or decrease her credit score. This can help consumers make informed decisions before applying for a new credit card or loan since they will know ahead of time how this action will affect their credit. They can also develop strategies to pay off debt or to slowly increase their credit line.
Creditinform can also help consumers learn how to protect their own identity
The company provides advice to consumers to protect their identity, such as the need to shred confidential documents, limiting divulging private information to companies and opting out of mailings and providing information for public records.
Creditinform reviews are positive and cite good customer service and valuable educational materials and financial materials. The clients of creditinform say that they enjoy the peace of mind that the company provides.