When’s the last time you took a good look at your credit score and your credit activity? If you’re like most people, you probably don’t do it every often and just assume that everything is “fine”.

But if you really want to be safe, you need a credit monitoring plan. There are companies out there that will keep tabs on your credit activity to make sure that nothing abnormal pops up. In fact, you can get a quality plan from the same companies that offer online credit cards!

Just why is credit monitoring so important?

1.You can catch identity thieves early
Most of the time, people don’t realize they are the victims of identity theft until major damage has been done. They go to apply for a mortgage or buy a car – and realize that their previously good credit has been wiped out. Before they know it, they are stuck applying for things like a poor credit credit card – even though they haven’t done anything to deserve it! From there, it’s a long, expensive, frustrating road back to where they once were.

But with a good credit monitoring plan, you can catch an identity thief before he does too much damage. Since you will have professionals regularly checking your credit activity, they will be able to tell when things start to get “fishy”.

2.You’ll never be surprised

When you go to make a big purchase, the last thing you want is to be surprised. Things like having your credit card declined or being told that your credit score isn’t good enough to qualify mean dealing with extra stress.

You’ll start off feeling confused, then completely panic-stricken as you try to figure out what’s gone wrong. Even if you have a poor credit credit card, you never want to be in the dark about your finances.
But with a good credit monitoring plan, you don’t have to worry about any of that. Instead, you will have a running tally of what your credit looks like – so that you’ll know in advance whether or not you qualify for the big purchase. That way, you’ll never wind up being surprised at the cash register again!

3.You can get identity theft insurance
In many cases, the money you pay for a credit monitoring plan also includes identity theft insurance. That way, if the worst does happen, you will be protected. Just ask your online credit cards company what you have to do to get the extra protection.

Even basic identity theft insurance will protect the first $1,000 or so that an identity theft makes away with. That way, you won’t get stuck applying for things like a credit card for people with bad credit!