3 Credit Monitoring - Protect and Monitor Credit Cheaply

3 Credit Report Monitoring has become much more popular with the current mortgage crisis and the troubled economy. This comparison will benefit people who care about what goes in and out of their credit reports as it directly affects their ability to get favorable loans rates. But be aware ... Many people do not understand what they get with this type of service ... they get scores that are not true Fico scores and thus they are not as useful and could be misleading! Also notice that with any of the 3 credit bureau services you get only one score (if at all) but at least with Equifax 3 credit monitoring you get a true Fico score from all 3 bureaus. Only the true Fico score is used to underwrite your loan application.

Here's our point ... you need to monitor all three reports and all three scores to get the most accurate info - this will cost you $$$. So, as a compromise consider the Equifax 3 credit monitoring option ... Also, you got to realize that it is one service per person so for your spouse you would need to purchase a second service.

Whichever monitoring service you select, remember ... checking your credit report will NOT lower your score. Comparing reports quarterly is often enough to monitor your credit throughout a year and to catch the changes in your credit reports that may be affecting your Fico score.

Monitoring your credit can help you save thousands of dollars. It could also be your "first line of defense" against Identity Theft. If someone has stolen your identity, experts agree that one of the best ways to minimize the effects of ID theft is to discover the occurrence as soon as possible, so you can take steps to correct the situation.

Today, credit monitoring is easier than ever thanks to 3-Bureau Monitoring services that monitor all three credit bureaus, Experian, Equifax, and TransUnion. If key changes occur on any of your credit bureaus, monitoring services will send you an email alert to keep you constantly informed regarding changes on your report.

To get a Free 3-in-1 Credit Report and unlimited access go to 3 Credit Monitoring.