I've never been the most paranoid about identity theft - I leave that up to my wife. But a while back, due in part to her prompting after a couple letters about data security breaches from
TJMaxx (where she shops a lot) and the
VA (where she was listed as a mental health care provider from her days in social work), I signed us up for a credit monitoring service through
CreditReport123.com, and have come to appreciate it.
First, I saw my credit report for the first time, and was able to fix a few things. Previously, I worried about a few balances, but apparently this had little or no effect on my credit score (the current term for what used to be known as a credit rating.)
I probably could have accomplished that with the free credit reports you're supposed to be able to get once a year, but the kicker/convincer came in with the
credit monitoring included in the service. Like many people, I get way too many solicitations for credit cards, and have just gotten in the habit of trashing them. Apparently, one of things I threw away without opening was a notice from a card that was being discontinued because the business was being sold -- a card that I didn't often use, but occasionally did. Missed that news...until I got a notice from the credit monitoring service that an account had been closed. That got my attention.
Now I get monthly and quarterly messages that nothing's changed. Boring. But in this case, boring is good, and reassuring.
Labels: credit report, finance, identity theft, lifehack