Credit scores can be the deciding factor for many major transactions. Lenders use credit scores to predict future behavior based on your past—if you have a low score because your cable bill is delinquent, then a lender won’t think you’re a good risk.
The credit score consumers are most familiar with is FICO, but there are a variety of credit scores, and each is customized to fit a specific transaction type. It’s wise to know about what these credit reports are saying about you, and a reputable identity protection and credit monitoring service can keep you up-to-date. Protecting your information, including social security number and financial accounts, is essential in safeguarding your future. An identity protection company will look after your sensitive data and keep it monitored under any possible threats.