WHY 3 IN 1 CREDIT REPORTS?
3 Bureau Monitoring
The more you can stay on top of your credit report through online credit monitoring, the more credit protection you have. With the increasing threat of identity theft (10 million Americans per year become victims) and with the high rate of errors on credit reports, you’re at a disadvantage as a consumer if you do not use 3 bureau credit monitoring by regularly obtaining a 3 in 1 credit report.
Performing 3 bureau credit monitoring using a 3-in-1 credit report will provide you with the credit protection service you need. A 3 in one credit monitoring report lists all of your accounts, which allows you to quickly view how all three online credit monitoring bureaus are viewing your credit. 3 bureau credit monitoring services also ensure that you know which credit grantors have recently viewed your credit report, so you can maximize your consumer credit protection.
More specifically, 3 bureau credit monitoring will show you the specifics of your credit monitoring reports, including:
- Details of every credit card opened in your name
- Details of every loan opened in your name
- A complete breakdown of your payment history
- A report of all the companies that have reviewed your credit report
- A line-by-line comparison of the information on each of the credit monitoring reports from the three credit bureaus
Why is 3 bureau credit monitoring better than single bureau credit monitoring?
The three credit bureaus are independent of each other and do not share information, so the personal and financial information that is contained in one credit monitor report is not the same as the personal and financial information contained in the others, therefore a single bureau credit monitoring report could miss important information related to credit protection. By obtaining a 3 bureau credit monitoring report, you will be aware of any information a potential lender can see concerning your financial history.
Also, because up to 70 percent of credit reports contain errors of some kind, experts recommend you perform 3 bureau credit monitoring to ensure all credit monitoring errors are captured.
3 bureau credit monitoring does the following:
- Gives you a comprehensive look at your credit monitoring report
- Ensures the accuracy of your credit records
- Helps provide identity protection, specifically ID fraud protection
- Assists in completing the financing of a loan
And not only does 3 bureau credit monitoring give you complete credit monitoring online, it also presents the information in a clear, easy-to-understand format. The side-by-side comparison allows you to quickly see any discrepancies in credit monitor reports.
For total ID fraud protection, get 3 bureau credit monitoring. You can get comprehensive credit monitoring services and obtain a copy of your credit report at www.CreditReport.com