Highest Rated Credit Monitoring Services: 7 Easy Ways To Get Control

man with mobile device lap top and cup of coffee checking his credit score on the highest rated credit monitoring services

Get Control With the Highest Rated Credit Monitoring Services

If you’re planning on applying for a loan or credit card, creditors are are going to check your credit. That’s why it pays to have one of the highest rated credit monitoring services.  This way you can keep up to speed on your credit rating. cloud security around city and networds

This is also true if you’re planning on renting a house or apartment. Many employers are also checking a person’s credit before hiring them.

Often you can be the victim of identity theft without even knowing it.

As a precaution, it benefits to watch your credit and correct any negative points against you. You don’t want any red flags or surprises preventing you from getting a loan or a job. Above all increasing the rates on your credit cards or policy rates for insurance.

With a lot of services out there offering credit reports, how do you know which one to choose? We’ve done the work for you. So, here’s a list of the highest rated credit monitoring services available.

What does a Credit Monitoring Service Do?

There are three credit bureaus that oversee credit reporting, Experian, Equifax, and TransUnion. A credit monitoring service keeps track of any changes in these reports.

Any activity on your credit files, good or bad, affects your credit.

These activities include:

  • New accounts opened
  • Increases or decreases to your credit limit
  • Large Purchases
  • New activity on an account that’s been dormant
  • Credit inquiries
  • Missed payments
  • Bankruptcies

The best credit monitoring services will provide you with a credit report and help with identity theft or fraudulent activity.

1. LifeLock

LifeLock a highly graded credit monitoring service will monitor your credit files, alert you to any suspicious activity, repair any damages, and even reimburse you for any stolen funds.

This service monitors all websites for use of your personal information and will notify you via email, phone or text if compromised.

global network monitoring of credit

It also offers a service that prevents unsolicited credit offers and 24-hour support. Given all these protection features, it ranks as one of the highest rated credit monitoring services available.

2. Experian

Experian is not only a credit bureau but is also one of the best rated credit monitoring services. It offers a free credit score and for $1 you can get a full credit report.

For its monitoring services, Experian will notify you of any credit report changes, unauthorized use of your social security number or credit cards, and any changes made to your personal information.

If you have been the victim of identity theft, Experian offers fraud resolution. As a result, if you opt for their identity theft insurance, you will receive protection from any loss.

When you sign up for a free credit score, you get a 7-day free trial of credit monitoring. After that, membership is $21.95 a month.

3. Identity Guard

You can subscribe to one of several levels of credit monitoring services with Identity Guard.

With their standard service, you get identity theft help. This service guides you through the steps to protect yourself if compromised. It also includes identity theft insurance.cloud network monitor mobile social people email world

Their Essentials plan keeps an eye on your personal information and gives you alerts to any use of that information on many black-market websites. However, it doesn’t keep track of your credit score or changes to your credit report.

If you want these options, then Identity Guard Platinum is the way to go. Even more, it monitors all three credit bureaus for all activity. In fact, this option gives you one of the highest rated credit monitoring services available.

4. Identity Force

Identity Force offers two options for credit monitoring. The UltraSecure+ Credit option is similar to Identity Guard. Moreover, it monitors the use of personal information and alerts you to changes to your credit reports and credit scores.

The basic UltraSecure plan does not include monthly credit report monitoring. But both include identity theft protection assistance if your personal information is stolen.

5. MyFICO

The reason why MyFICO is one of the highest rated credit monitoring services is that they use the same algorithms that the credit bureaus use to score your credit.

As far as credit monitoring, they offer two levels. FICO Essentials 1B provides a credit report and credit score once a month based on the information from Equifax. In fact, you can go to their website any time to see instant reporting or monitor any changes. You can even track your credit history.

As for identity theft protection, they will help you restore your credit if any of your personal information is stolen. The cost for this level is $19.95 a month.

With the FICO Ultimate 3B level, you get everything in the 1B level but you only get updates every quarter instead of every month. However, what you do get is high-level identity theft monitoring. This plan is $29.95 a month.

MyFICO offers a 10-day free trial to get a credit report from Equifax and a daily tracking of your credit score so you can see where there might need to be remedied.

6. Credit Karma

Credit Karma will give you a free credit score from two credit bureaus, TransUnion and Equifax. two women watching and tracking on PC monitors customer credit

Their credit monitoring is not only on point but they offer many educational resources on their website.

One of the great things about Credit Karma is their credit report card. It breaks down your credit score into several factors and rates each one. As a result, you can see exactly how they interpret your credit to reach a score.

7. Other Credit Monitoring Services

There are several other top rated credit monitoring services out there, and it is worth checking them out to see which one fits your needs the best and provides more services.

Credit Sesame gives you a free credit score from TransUnion. You can also get credit monitoring with their free trial offer. If you sign up you also get $50,000 in identity theft insurance.

TransUnion, like Equifax, will give you a free credit score and a full credit report for $1. Their monitoring service is also similar to Equifax.

You can’t go wrong with CreditScoreQuick, CreditScoreDirectGoFreeCredit, and FreeCreditScoresAndMore. They all offer decent credit monitoring, credit scores, and free credit reports.

What Are the Highest Rated Credit Monitoring Services?

If you are looking for the absolute highest rated credit monitoring services, then you shouldn’t settle for anything that doesn’t provide regular reports, your credit score with a breakdown and identity theft protection that includes repair of any damage caused.

All of the Credit Monitoring Services listed above offer these at various levels.

There are others out there that offer one or two of these services, but not all. Furthermore, if you don’t have consistent monitoring, you might miss a red flag on your credit report or go too long with not knowing that someone is using your personal information.

Either way, it’s worth it to find a service that meets your needs. Otherwise, you might find yourself in a situation unable to apply for credit, a loan or employment, due to no fault of your own.

Click here for more great articles about your credit score.

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4 Comments

  1. Hey Patrick,

    Ahh…Credit repair.

    So far my experiences with credit repair have not been encouraging.

    However, this is a good post. I’m somewhat jaded by the whole credit repair industry because I’m presently involved with some “credit repair” that s not quite going the way I planned.

    If you don’t have a large number of items you need “repaired” then you can see results in 3-6 months.

    But if you’re like me and have a more nefarious history…

    Look out!

    Good post.

    Talk Soon,
    Howard

    • Howard – Sounds like you are in a tough spot.  It’s true you need to look out. However there are reputable credit repair companies out there, you just need to do your home work to find the right one.  Of course it’s always buyer beware.

      Having said that it’s important to keep an eye on your credit.  There are many highly rated credit monitoring services available today to accomplish that.

      Even if you have credit problems and are working through them, it’s well worth using one of these services to monitor your progress.

      Best of luck.

  2. I’ve used LifeLock but I find it to be very expensive.

    Presently, I use Credit Karma as there is no charge to use. A problems I’ve found with using Credit Karma is that they don’t exactly use the same credit models that the actual credit bureaus use.

    So, the credit scores appear higher than the actual scores from the bureaus. Although, I agree, if money is no object I would trust LifeLock.

    • Hi Reinaldo,

      Yep LifeLock is expensive, but if it helps you sleep better at night it could be worth it.

      Since the Equifax breach, I’ve been recommending to my readers to place a freeze on their credit accounts.  If you don’t use a lot of credit this could be a low cost strategy for you. The only down side is that it costs $10 to freeze and unfreeze your account, so if you plan on financing something major in the near future it’s probably not a good idea.

      Credit Karma uses the Vantage Score model which is different than FICO.  Many banks and financial service companies use FICO, so if you are at a score threshold the Vantage scoring system may not be helpful.

      However, the nice thing about Credit Karma is it stratifies your credit score into several factors and rates each one.  It helps you see exactly how they interpreted your credit to reach a score.

      All the best. 

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