Five Ways How A Credit Monitoring Service Can Help Post-bankruptcy Individuals Rebuild Their Credit
If you are bankrupt and rebuilding credit, it will be helpful to monitor your progress as you add more positive information to your credit report. And one way to monitor your progress is by using a credit monitoring service.
When you declared bankrupt, you know how hard it is to raise your credit score again. At this point you know that you should take extra care and precaution in keeping your credit score safe from, or else you might become the next victim of identity theft. Bankrupt or not, you dont want it to happen. But now that you are bankrupt, nothing will undermine your efforts in rebuilding your credit faster than having your identity stolen.
While you can do the monitoring yourself, using a credit monitoring service can be advantageous in helping you recover from bankruptcy and rebuild your credit.
Here are the following reasons.
1. Credit monitoring services usually monitor any inquiry made on your credit report and why. This helps you detect if there are any unauthorized activities being done under your name.
2. Credit...