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Can credit monitoring service save from identity theft?

By Derek Brown
Published: Tuesday, November 3rd, 2009

Credit monitoring services are gaining importance everyday as more and more cases of identity thefts are coming to light. With credit monitoring service, you don’t have to take the pains of going through the pages of your credit report every month.

Once you are enrolled with a credit monitoring service with any of the three reporting bureaus, you can relax. The agencies will notify you with each and every change that takes place in the credit report. Each and every change like change of address, opening of a new account or any inquiry made into your account will be notified to you immediately through the credit monitoring service. In this way you can always keep a tab on the latest development taking place in your credit report and can reduce the chances of an identity theft.

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