Today, the digital world is entangled in arrays of fraud and identity theft. Most financial institutions and individuals are the worst hit in this problem. For instance, about 20 million consumers lost about $25 million to identity theft every year. Therefore, there is a need for an effective tool to keep a tab on your credit report to avoid any form of theft. One of the most effective tools is credit report monitoring services. Credit monitoring services are offered by companies to monitor the credit reports of individuals and families consistently. With this service, you enjoy juicy benefits and also safeguard your credit report.
Summary of Best Credit Monitoring Services
The table below summarizes the subscription plans and the service you enjoy from each credit monitoring service.
|Credit Monitoring Service||Subscription Plans||Benefits|
|Identity Guard||1. Value family protection plan ($14.99)2. Total family plan ($24.99)3. Premier family plan ($34.99)4. Individual value plan ($8.99)5. Individual total plan ($19.99)6. Individual premier plan ($24.99)||1. You get identity verification and account takeover alerts.2. You get an insurance offer of $1 Million.3. You get support for identity restoration.4. Your social security number will be properly monitored.|
|LifeLock||1. Standard plan ($8.99)2. Advantage plan ($17.99)||1. You get protection for your credit cards, utility, and bank accounts.2. You get theft alert services.3. You get wallet protection and credit report tracking services.4. You get monitoring services on the three credit bureau.|
|IdentityForce||1. UltraSecure+Credit premium plan ($19.99)2. UltraSecure plan ($19.99)||1. You get updates on court records, any address change, credit reports, sex offenders lists, and payday loans.2. You get an insurance service of $1 Million.3. You get support on ID restoration.4. You receive alerts on5. It offers a free trial.6. Its interface is easy and simple to use.|
|Experian||1. CreditWorks Premium planfirst month ($4.99)2. CreditWorks Premium plan($24.99 every other month)3. Plus plan ($9.99)4. Premium plan ($19.99)||1. You get a credit score and monitoring for the three-bureau.2. It offers a free trial.3. It has a mobile app.4. You get an alert on credit report change.5. You enjoy lost wallet protection.6. You get an insurance service of $1 million.|
|TransUnion||1. Monthly membership fee ($19.95)||1. You get an insurance service of $25,000.2. You get an alert on credit report change.3. You get a security freeze service.4. You get support on ID restoration.|
Best Credit Monitoring Services of 2021
Today, I will be telling you the various credit monitoring services you can use to protect your credit report in 2021.
1. Identity Guard – Credit Monitoring Service Link
Identity Guard is an efficient credit monitoring service that is widely used by individuals to safeguard their credit reports from theft. The company has a lot of features that technically monitor some changes in your credit report. Identity Guard also provides you with the best identity theft protection on your credit report through alerts, credit score and report, and dark web monitoring. It does this with the use of the artificial intelligence platform on IBM. The artificial intelligence platform watches a broad pattern of identity theft attempts. Also, it monitors your name, social security number, and other personal information on the credit bureaus. When you choose Identity Guard, you enjoy about $1 million in insurance coverage in case your identity is stolen. Identity Guard provides its clients with different family plans. You can subscribe to the Value Family protection plan at a rate of $14.99. Also, you can subscribe to the Total Family protection plan at $29.99 per month. The company also offers a Premier Family protection plan at $34.99 monthly. Furthermore, Identity Guard offers various Individual protection plans. With $8.99, you can subscribe to the Individual value protection plan. Also, the Individual Total plan costs $19.99 per month, while its Premier plan costs $24.99 per month.
2. LifeLock – Credit Monitoring Service Link
LifeLock is a credit monitoring service that adequate protection for your credit cards, utility, bank accounts, and other financial services. The company boasts of an extensive network that keeps your details safe from theft. It also gives alerts to its active subscribers about any suspicious activity on your account. The theft alert is sent to your phone or email. In case you lost your wallet, the company has features that help you replace or cancel contents in your credit report. LifeLock keeps a close watch on unauthorized websites where identity thieves transact their dubious businesses. In case your profile or personal information appears in the market, you receive an alert automatically. The company also works with approved credit bureaus to reduce the preapproved credit card offers by removing their subscriber’s names from the bureau mail lists.
With LifeLock, you can subscribe to various plans. The company has a Standard plan that costs $8.99 per month. It also has an Advantage plan that costs $17.99. LifeLock also has the Ultimate Plus plan. Clients that subscribe to these plans enjoy services like credit-inquiry alerts, monthly credit score tracking, sex-offender registry report, the report from the three credit bureau, and many more. LifeLock also offers Junior add-on services. In this service, you get protection on your child’s personal information. However, there is no individual plan for the Junior add-on service. Hence, you can only pay for it together with other subscription plans.Also Read: Best Sources for Covid-19 Information
3. IdentityForce – Credit Monitoring Service Link
IdentityForce is a top company that offers secured credit monitoring services to its esteemed clients effortlessly. The company offers an ID protection service by keeping a tab on court records, any address change, credit reports, sex offenders lists, and payday loans. This is done to ensure your information is not used without your consent. It also monitors the three credit bureaus and notifies you if any change is suspected in your credit report. With the company, you have the assurance benefit of funds support of $1 Million in case your identity is stolen. IdentityForce sends a monthly statement to its clients to keep you updated on the status of your credit report. IdentityForce credit services offer clients a free 14 test service before subscribing to any of their plans. The company offers its customers various subscription plans with different benefits attached to each plan. Identity force has the $19.99 per month UltraSecure+Credit Premium plan. It also has the $12.99 per month UltraSecure plan. Furthermore, the company has the child identity protection plan, which is an add-on to the UltraSecure+Credit and UltraSecure plans.
4. Experian – Credit Monitoring Service Link
Experian is a credit monitoring service that offers its subscribers interesting services on their credit reports. The company offers its clients alerts on their mobile phones or email when suspicious activity is detected on their personal information. Experian credit monitoring services also offer its clients identity theft insurance of $1 million when their identity is stolen by identity thieves. Also, you can get One-Time access to your credit report. However, the company lack some identity protection features. Hence, it safeguards its clients’ identity via the Experian credit tracker. In case you file a fraud resolution complaint, you will enjoy the full support of Experian credit services. Additionally, you get effective monitoring services of the three credit bureau.
Experian is sensitive to its client’s needs. Hence, the company offers free trial credit monitoring services for 14 days and two months of free credit monitoring services when you are awarded an annual membership. Aside from this largesse, the company provides its clients with dual offers on their credit reports at an affordable price. Customers can purchase their FICO score and Experian credit report at $19.99. Also, clients can purchase the FICO score and the three credit bureau report at the rate of $39.99. However, you can get your credit report free from the Experian credit services on the CreditWorks plan. The CreditWorks Premium plan costs $4.99 in the first month of subscription. The subscription cost increases to $24.99 after the first month of the subscription. Also, Experian offers clients a Plus plan at an affordable rate of $9.99 a month and a Premium plan at $19.99 a month.
5. TransUnion – Credit Monitoring Service Link
TransUnion is a credit monitoring company with a proven track record of excellence. With this company, you enjoy two credit report monitoring. TransUnion offers its customers alerts services on any suspicious transaction or change on their credit report. Also, the company has a good insurance policy on its stolen wallet. It offers you $25,000 insurance on identity theft. Also, the company offers some identity theft protection services when you become its member. This service monitors all public records and alerts you when your profile shows up for unauthorized business transactions. With TransUnion, you can access the identity restoration services when your identity has been stolen or changed. The company also offers security freeze services where lenders are restricted from having full access to your TransUnion credit report. When you sign up to subscribe to their services, you have One-Time access to your credit report at no cost. You are also sent your credit report at a cheaper rate of $1 when you sign up for the seven days free trial. Peradventure you cancel the free trial service, you will not be charged the monthly membership fee of $24.95. Hence, you won’t be charged on services like credit and debit analysis, FICO score, and locking of TransUnion report.Also Read: Best Minecraft Mods to Change or Enhance Your Gameplay in 2021
Safeguarding your credit report is the best you can do to wade of the threat to your finances. The credit monitoring services discussed here are proactive in protecting your credit report in 2021. read through the benefits and subscription plans and choose the best you can afford.