credit monitoring

Credit Karma Credit Monitoring Review

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Credit Karma made waves when it started offering free credit scores online. At first, many people, including me, were worried that the whole thing was just a big Credit Karma scam. However, after doing some research into whether Credit Karma is legit and even doing an in-depth CreditKarma.com review, I realized that while there may be some concerns over Credit Karma’s accuracy, there is nothing underhanded about the online financial service. Credit Karma also offers a free online tax filing service. You can find Credit Karma tax reviews here. Credit Monitoring Scam This year, Credit Karma is offering its registered users something new. They are expanding beyond their flagship service of offering to show users a free credit score and moving into offering free credit report monitoring. One of the biggest financial scams in America comes courtesy of the credit reporting industry and the three major credit reporting bureaus. In class Mafia-style extortion, a tough looking guy visits a local business. He says that bad things might happen to his business. In order to be safe, he should pay for “protection.” Of course, the only protection the business needs is from the crooks offering the protection. Credit reports and credit …

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Is myFICO Worth It?

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Don’t waste your money on services that allow you to constantly get your credit score. Use a little insder knowledge to get a free credit score and check it only when it makes sense.

Real Credit Score or Fake Credit Score

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After investigating is CreditKarma.com legit or not, we got a lot of questions about credit scores and credit reports. Hopefully, this can help clear up some of the most common credit score misconceptions. Update: A Credit Karma tax review is here looking at the new free tax returns offering by CreditKarma.com. Update: Now CreditKarma.com offers free credit report monitoring. Check out the Credit Karma review of free credit monitoring service. Credit scores are confusing to many people. This is not the result of ignorance or being naive. Credit scores are not consumer products. They were (are) meant to be used by financial institutions. These lenders are the ones who pay for the credit scores. Banks and lenders are credit score customers, not the people who are being scored. Credit scores are not a free, open system. Rather, they are a product, sold by Fair Issac. They charge money for each credit score calculated. Fair Issac’s customers are banks, mortgage companies, and other lenders, not you. In fact, a quick look around the Fair Issac website should show you that this is not a company concerned about selling products or services to individuals as customers. Fair Issac has a separate website …

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BillGuard Safe and Legit?

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BillGuard is an online financial services company that monitors your credit cards for fraudulent charges. On the surface, this sounds like something you don’t need. After all, if you see credit fraud on your bill you are going to do something about it. However, in this fast-paced world, it is all too common for people to neglect to verify all of their charges, especially the smaller ones. BillGuard Scam? First, I like to see if something is a scam before looking further. After all, if you are throwing your money away, it really doesn’t matter how good of a job they do. In this case, there are some concerns, but it would be hard to call the service a scam. No credit card number or PayPal account is required, so there is no way for the company to charge you for some subscription or offer. Second, the company never asks for your Social Security number either. It does ask for some usernames and passwords, but we’ll get to that in a second. Finally, the company just raised $10 million from some well-known venture capitalists. That doesn’t mean, in itself, that the company is legitimate. However, there are a lot of …

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