Credit
Monitoring
Best Credit Monitoring Services from Houston Luxe Credit Solutions
Credit monitoring is the process of periodically reviewing your credit reports for accuracy and changes that could be indicative of fraudulent activity. Credit monitoring can be done either manually or by using a passive credit monitoring service, such as CreditHeroScore. The purpose in either case is to identify credit report errors and to monitor identity theft.
Currently, with the technology available, consumers can’t avoid monitoring their credit and identity – it’s just too easy for criminals to take advantage of you and steal your identity. Having the best service that monitors your credit and identity activity “24/7” by checking thousands of databases for misuse of your personal information can give you the peace of mind you desire. Houston Luxe Credit Solutions will monitor the databases and tell you if there’s any key changes to your credit report, new applications for credit, identity theft, as well as filling you in on any creditors that have responded to actions you’ve taken using Houston Luxe Credit Solutions’ Action platform. This gives you the ease of use and control over your credit and the monitoring you need.
Credit monitoring services generally look for any suspect changes to your credit reports including name changes, new addresses, new account information, new inquiries, and new delinquencies. If the credit monitoring system identifies any of these items, the consumer receives an alert. The alerts are generally in the form of a text message or an email. Once you’ve been alerted to potentially fraudulent activity, you can take steps to correct any credit report mistakes and close fraudulent accounts.
Credit score monitoring is one of the most powerful tools you have in life. A good credit score opens doors to credit cards, auto loans, home mortgages, and more savings. Because of its value, your credit score is often under inquiry for important decisions which is why credit monitoring is one of the best assets you can have to protect your financial well-being.
If you’ve never been the victim of identity theft or a data breach, consider yourself quite lucky! However, with the increasing number of breaches and instances of identity theft, that luck can run out eventually.
The good news, though, is that there are precautionary measures you can take to prevent the worst-case scenario from happening, one of them being credit monitoring.
But what exactly is credit monitoring, and how does it work? Keep reading below as we take you through, step by step, how credit monitoring functions, and why you need it.
The good news, though, is that there are precautionary measures you can take to prevent the worst-case scenario from happening, one of them being credit monitoring.
But what exactly is credit monitoring, and how does it work? Keep reading below as we take you through, step by step, how credit monitoring functions, and why you need it.