Identity IQ Review
So, do you check your credit report like once in a year? Ever considered checking it more frequently, like once in a month? If not, you better think about it now. This will actually help you to not only prevent Identity theft but to also spot errors in your report immediately. With Identity IQ, you can monitor your credit report online and get unlimited access to it.
Your credit report contains all information about your finances. It is necessary to get your report from all the three bureaus simultaneously, as there may be information in one report that may not be available in the other. Identity IQ gets your credit report and credit scores from each of the three major credit bureaus – Equifax, TransUnion, and Experian. Therefore, you can read the content of all the three reports at the same time and can assure yourself of the accuracy of the information. The benefit of this is that you can immediately dispute discrepancies.
The added bonus of getting your credit scores keeps you on top of your finances. Credit scores depend upon the information available in your reports. Identity IQ provides you more insight about this aspect of your report.
When you access your report frequently, you can monitor it for any changes. If there are any unpaid bills or outstanding debts that may have gone unnoticed on your part or have been wrongly reported, you can immediately pay them off or report them so that your score does not suffer. By monitoring your credit report every month, you can track the changes in your report.
Just accessing your report is not enough to prevent identity theft. You have to monitor it and place a fraud alert on your report to prevent it. Fraud alerts are of two types. The initial fraud alert lasts for 90 days and is placed when you believe that you may be a victim of Identity theft. When you are convinced that you are a victim, an extended fraud alert, lasting for seven years is placed.
With the services provided by Identity IQ, you can easily place a fraud alert. In case you are a victim of fraud alert, a specialist helps you to recover from it by ensuring your financial security and privacy. Identity IQ also assures an ID theft insurance of up to $1,000,000 for its customers.
Lost Wallet form is a special service that is also provided. In case of loss of wallet, a Fraud Restoration specialist is available to assist you in getting new cards and documents that were lost along with the wallet.
You can sign up with Identity IQ to avail all these services. Though reviewing your credit report and monitoring it periodically is essential, you can cancel your subscription if you are dissatisfied with the services.
