Question
How does Credit Monitoring possibly help in detecting Identity Theft?
Answer
Credit Monitoring helps you detect any suspicious activity or change in your Credit Report through alerts of critical changes to your Credit Report such as change of address, new loans, new accounts, new inquiries, delinquincies, etc... Creditors typically require to see your Credit Report prior to issuing a new loan in your name. Hence, if a criminal has stolen your identity and applied for a loan in your name, you should see such new activity on your report.
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