3 Bureau Credit Report

What Is This, And How Does It Affect You?

Three bureau monitoring or single-bureau monitoring?

You can choose between single-bureau monitoring, and three-bureau monitoring, it's completely up to you. Three-bureau monitoring will give you access to your credit scores from TrueCredit, Identity Guard, and Equifax; but of these, only TrueCredit and Identity Guard provide you the option of single-bureau reporting. Whether you choose single-bureau reporting or three-bureau reporting, you should realize that these institutions are independent of one another, and they don't share information. The personal and financial information that one has collected will not be the same as the others.

What's the advantage of single-bureau monitoring?

Quite simply, you'll find single-bureau monitoring to be the less expensive of the two options over the long run. Sure, you may pay a little bit more for the first three months of service, but if you decide that the monitoring is useful for you and decide to stay with it, you'll be paying less per month.

What's the advantage of three-bureau monitoring?

Quite simply, you'll find three-bureau monitoring the less expensive of the two options over the short run. You'll pay less for the first month, so if you expect to only check on your report one time, you may be paying less if you choose three-bureau monitoring. It's worth mentioning that your chances of detecting identity theft are greater, if you choose three-bureau monitoring.