The Equifax Credit Watch™ Gold with 3-in-1 Monitoring offers a free 30-day trial which gives you comprehensive credit monitoring and alerts within 24 hours of changes to your credit files at the three top credit bureaus: Equifax, Experian, and TransUnion. To receive your 30-Day free trial, you will be required to provide a credit card when you sign up. If you don’t cancel your membership by the end of the 30-Day free trial period, we will automatically renew your subscription and you credit card will be charged $14.95 for each month that you continue your subscription. You can cancel your subscription at any time by calling customer service. Here are the benefits you will receive when you use the free 30 day trial:
- FREE Score — Unlimited access to your Equifax Credit Report and Score, with detailed explanations
- Interactive Score Estimator™ — See what might happen if you increase credit limits or pay down debts
- Daily monitoring and alerts to key changes to your Equifax, Experian, and TransUnion credit reports
- Unlimited access to your Equifax Credit Report™ and score
- Trend your credit score over time with Interactive Score Estimator™
- $1 Million ID Theft Insurance
As we know, maintaining a high credit score is vital to your financial stability. Whether you are working towards buying a car or a home, having a high credit score can save you thousands of dollars. Equifax 3-in-1 Monitoring with Credit Scores is a tool to help you keep an eye on your credit by monitoring your credit score. The better your credit score the more purchasing power you will have and you will receive better rates which translates into a bigger savings. The service makes it easy for you to know what your credit score is, set up alerts so you are aware of changes to your score, , and work to improve your credit score over time.
Monitoring Your Credit Files and Viewing Reports
The Equifax Credit Score is a proprietary credit scoring model developed by Equifax. There are many scoring models on the market today and Equifax works similar to them by predicting credit risk. It provides a calculation of the information contained in your credit file to determine what type of credit risk you are. The Equifax Credit Score ranges from 280 to 850, with higher scores representing lower credit risk. So basically, the higher scores are the better scores. Not all score models use the same scoring range and they don’t all use the same factors in determining the overall credit score. When you use the Equifax 3-in-1 Monitoring with Credit Scores you will be able to see exactly what your credit score is. In addition, there are easy to understand graphs that lay out your debit to credit ratio so you have a clear picture of your profile. You will receive unlimited service to the graphs and your credit score will always be up to date.
Score Monitoring Alerts
Equifax 3-in-1 Monitoring allows you to set up alert preferences so you can track specific areas of your credit score and get up to date information. When changes are made to your file you will be notified by email or wireless alert, which ever you choose. You can customize your alerts so you are automatically notified only when you want to be. For example, you can be alerted when a credit balance exceeds a preset limit, or a dormant card suddenly becomes active. when specific changes have been made to your credit score. Equifax uses certain criteria that helps determine possible warning signs of identity theft. You will also have the ability to receive alerts based on the alert preferences you have set up. You have the ability to customize three different alert options such as: Balance changes on your Equifax credit file by a certain dollar ($) amount, Balance changes on your Equifax credit file by a certain %, and Dormant card activity on your Equifax credit file in months. All Equifax members can easily access their alert preferences and change them at anytime just by logging into your account. Changes that result in an alert include any of these 8 items:
- New accounts opened in your name
- Credit inquiries resulting from a company requesting a copy of your credit report
- An address change
- Name changes
- Bankruptcies and other public records
- Some changes to current accounts
- Balance increase/decrease alerts based on a self-selected dollar amount or percentage
- Dormant card activity based on a self-selected dormancy period
Improving Your Score
It takes time to improve your credit score, there is no quick fix. However, there are specific things you can do to get your score moving in the right direction. Equifax can provide you will the information you need to help you understand exactly how your credit score works so you can improve your score. You will learn what can negatively affect your score and how you score can be positively affected as well.
How To Sign Up
You can easily sign up for Equifax 3-in-1 Monitoring with Credit Scores by completing the online registration. You have to provide a valid credit card and you will be billed monthly for the product if you don’t cancel after the 30 day free trial. You will have to provide all the personal information listed below in two easy steps:
- Step 1: Enter your personal and contact information including name, address, phone number, and email address.
- Step 2: Enter your social security number, Date of birth, phone number, pick an account password and secret question, provide payment information and accept the terms and conditions.
- strong>Step 3: Confirm your identity by answering four questions only you would know. If you fail to answer any of these questions, you will be asked a few more.
You are able to cancel your products at any time without any sort of penalty fee. If you purchased a subscription product that is billed monthly, the cancellation will occur at the end of your current billing cycle. In order to cancel you do have to call customer service (866-547-2622), you can’t cancel your subscription online.