Equifax Offers Extra Credit Monitoring and Control
As one of the largest credit reporting companies in the nation, Equifax is known for its integrity and reliability. Businesses have turned to Equifax for data management and reporting, fraud prevention and detection, marketing and risk management. Equifax provides the appropriate information to companies so they can do all their tasks in this area and they can achieve great company performance. For consumers, what Equifax actually offers is credit reporting and monitoring, identity theft prevention and detection and guidance to credit processes as well.
For consumers, products such as Equifax Credit Watch, Score Watch and Score Power are among the service solutions offered by the company. All of which offers up to date credit scores and regular updates for any changes in your credit score. This way changes will be known to you so fraudulent activities done in your name will be detected sooner.
But each product offers special features that would offer each consumer added monitoring and control tools. With Credit Watch, you would even also get insurance for identity fraud for as much as $20,000. If your budget is a bit smaller, then you can get the Credit Watch Silver. This will still give you credit reports but instead of receiving it daily you will get it weekly. And the insurance you get is up to as much as $2,500.
Score Watch gives you your FICO score. This is important since it is the one that creditors will look at to judge your credit worthiness and how much interest they are going to charge you. It also gives you two free Score Power reports for free. The reports that you will receive from this product include stats, averages and interest trends in the market so you can better gauge how good or bad your credit score is. You can also target interest rates that you are willing to pay for a certain loan.
On the other hand, Score Power will provide you instant access to your FICO score. It would be easier and faster to know your FICO score so you will know if you will qualify for certain loans. Knowing your FICO score you will have leverage when negotiating for the loan amount and the interest rates. You will also be able to process your loans quicker. There’s even a simulator that will demonstrate how obtaining a certain loan would affect your credit score. Dispute services are also offered.
For additional control you can add an additional feature. You can also get the Equifax Credit Report Control. With this feature, you can easily lock your credit reports so others won’t be able to access them as they please. Then you can unlock them to give access to companies you are applying loans from.
With all the products and added features, Equifax certainly not only help you obtain a good deal but it also protects you from identity theft. And they offer lower priced products too for those who have a lesser budget for their credit monitoring.
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