LifeLock vs Privacy Guard: What credit monitoring service is the best

LifeLock vs Privacy Guard: What credit monitoring service is the best -

Your credit score is usually the most important factor in determining if you are approved for a loan home or car? credit card. That is why it is important to protect your credit and make sure there are no errors on your credit reports by monitor with a reputable company.

The results of a 2013 study FTC found that 26 percent of people find errors on their credit reports that could affect their score. To avoid becoming part of this statistic, see two of our high credit monitoring services, LifeLock and Privacy Guard, to see which is best for you.

What LifeLock offers

When you sign up for LifeLock, you will get immediate access to your credit reports and scores from all three credit bureaus - Experian, Equifax and TransUnion. Be sure to check any discrepancies or errors in the various reports. The service also includes daily monitoring of your credit report from all three bureaus, and you will be alerted by email and / or text if a significant change is made, such as a change of address, new credit inquiry or opening a new account.

In addition to receiving your initial credit scores, you will receive a monthly update of TransUnion so you can keep track of at least one of your credit scores on a continuous basis. LifeLock also offers a free 30-day trial and a 10% reduction, if you continue to use its service. The cost is $ 20.63 / month with an annual subscription after this reduction is taken into account.

Read our LifeLock review for more information.

What Privacy Guard offers?

Privacy Guard also gives you immediate access to your credit score from the three credit bureaus, and three-bureau credit monitoring. There is no free trial with Privacy Guard, but it offers a 30 day trial for only $ 1, and monitoring of the credit report comes with a free subscription to Norton Internet Security software.

What distinguishes Privacy Guard outside LifeLock is the ability to view monthly updates of your score from all three credit bureaus credit. LifeLock will allow you to see an update TransUnion score each month. And $ 14.99 / month, Privacy Guard is also cheaper than LifeLock.

For more information, read our full review on Privacy Guard.

What service should I choose?

We recommend both services because they allow you to immediately see your credit score and have access to their credit monitoring service. If you are looking for a free trial LifeLock is good because it offers a 30 day, but if you think you might want to continue your service after the trial, Privacy Guard might be a better choice because you get monthly updates credit score from all three credit bureaus instead of one and the price is a little cheaper.