A credit monitoring service is a commercial service that charges you a fee to watch your credit reports and alert you to changes to the accounts listed on your credit report.
Services usually alert you of changes to your accounts by email, text message, or phone.
Warning: Prices and services vary widely. Some services cost over $15 a month.
Before signing up for a service, make sure you understand what you’re getting. This is particularly important if you are offered “free” credit monitoring.
