luvbullmarkets wrote:Good question. I see the only benefit is the credit monitoring from possible identity theft. Just recently found out that Plus Scores are not the exact same as FICO scores. Therefore, the scores provided are pretty much useless.
Just enrolled with TrustedID for all three FICO scores and monthly monitoring. At a cheaper rate to boot.
Will cancel my enrollment with Credit Secure.
I thought this maybe a useful link. In summary, 99.8% of the scores you are pulling are FAKO, not fico. Whether it's TrustedID, Amex, USAA, etc. They're all generic. If you want your FICO you should get them either from a lender, myfico, or a few other places (listed at bottom of first thread).
I use American Express Credit Secure, because you can get the report up to two times a month. I had BofA for a few months but they only update quarterly and that really wasn't enough bang for the buck.
"Poor people can't get credit and rich people don't need credit. Its those of us in the middle that need it" - I think this is why I monitor my credit so I can maintain it while in the baby stages and eventually not have to worry about it.Credit Monitoring Service (CMS) Guide - FICOÂ® Forums