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Monitoring The Credit Monitors

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Uploaded by on Jun 9, 2008

Seems like every time you turn around these days someone's reminding you to check your credit report to correct mistakes and, of course, to protect your identity. After all, identity theft is undeniably a huge problem, with more than 9 million Americans becoming victims last year alone! But, even if you do a yearly ---or even quarterly-- check, a lot of damage can be done in between. That's where credit monitoring services come in. It's now a multi-billion dollar industry, with all sorts of companies promising to not only check your reports, but also monitor accounts for suspicious activity and notify you almost immediately if something doesn't seem right. Some even offer identity theft insurance. Are the services worth the money? Which one should you choose? The experts monitor the monitors!

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