Who Uses A Credit Monitoring Service?

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Dylan1982
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Who Uses A Credit Monitoring Service?

Postby Dylan1982 » Thu Nov 07, 2013 3:48 pm

Any good credit monitoring compaines out there? I just want to start monitoring my credit, plus if anyone opens an acct using my SS# I want to know about it.


So who are you all using to monitor your credit?
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)


MemberSince99
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Postby MemberSince99 » Thu Nov 07, 2013 7:26 pm

I use Credit Secure Unlimited from Amex, mainly because it allows me to pull every day if I want to. I'm finding I do it less and less lately but it's nice to have that. Few services I know of allow that anymore.

Rory
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Postby Rory » Thu Nov 07, 2013 10:14 pm

myfico.com scorewatch is what i use. It is used by those who will pull your score and updates, or at least alerts you every time there is a change to your account IE score change, balance change, ext...
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:

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Z06Biker
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Postby Z06Biker » Fri Nov 08, 2013 3:03 pm

I pay a monthly fee ($8.97) to Experian for the ability to check my score every day. I also can do the same with my FICO via Barclays, since they offer the service for free to their Arrival (among others) cardholders.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

TheLethargicAge
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Postby TheLethargicAge » Fri Nov 08, 2013 3:54 pm

I get free TU FICO from Barclays. As for the other 2, I check them for free on a daily basis...
Blue Cash Preferred ($24K), Costco TrueEarnings ($8K), Better Balance Rewards ($6K), CashForward ($15K), Sallie Mae Rewards ($10K), Quicksilver ($17K), AARP Rewards ($15K), Freedom ($15K), Double Cash ($16.5K), It ($28.5K), Fidelity Investment Rewards ($18K), Cash+ ($11K)

GoCreditGo!
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Postby GoCreditGo! » Sun Nov 10, 2013 7:47 am

Do they give you the ability to pull your record or is only a score check?

Z06Biker wrote:I pay a monthly fee ($8.97) to Experian for the ability to check my score every day. I also can do the same with my FICO via Barclays, since they offer the service for free to their Arrival (among others) cardholders.

MemberSince99
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Postby MemberSince99 » Sun Nov 10, 2013 4:06 pm

I'm kind of on the fence about the whole thing. It is a valuable tool, granted. However if some rogue agency messes up or is vindictive, they can put collections on your report knowing it will destroy your credit. Even if you see it and dispute with the bureau, they can easily "verify" the information just by saying "it's true" essentially and it stays. Sure if you really pursue with the new government agency I've found you can get results but not everyone knows that; if you just stick to the bureau they don't care and are happy to leave it there.

Then your creditors spot it, invariably as Chase and Amex like to peek at least once a month, and the others do periodically, and spotting that let's just say is probably going to get their attention and not in a good way. So if they do AA on you, maybe even close you down, even if later you manage to get it removed from your report, the damage is done, and you have to beg your current creditors to pull you again and restore you and who knows if that works. In the meantime you've maybe paid more for insurance, been denied a job or a new place to live, or who knows what, all based on bogus information.

It's all too easy for the crooks to mess with you under our current system, and I would say it's a safe bet that fewer than 1% of them who do ever pay any sort of price for it, though I've never seen any statistics and there probably aren't any. But they very likely don't lose sleep at night worrying about getting caught with that kind of thing.

So it's really a mixed bag. I mean say some swindler steals your identity and gets credit, it's a real struggle to try to clear your name and in the meantime you will be punished as if you had done that and there isn't anything you can do about it.

It's just too easy to destroy people's hard earned credit in this country. It's one thing if you screw it up and it's another thing altogether if someone else steals your identity or you get some rogue collection agency doing it, but in the end the results can be pretty much the same thing.

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Z06Biker
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Postby Z06Biker » Sun Nov 10, 2013 5:58 pm

GoCreditGo! wrote:Do they give you the ability to pull your record or is only a score check?


With Experian I can pull a full report each day. With the Barclays service, as of now no full report -- just a FICO TransUnion score.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard



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