CreditReport.com provides consumers with access to their credit reports and scores, a credit monitoring service, as well as easy and inexpensive access to credit profiles.  As a member of the Experian family, you could say that CreditReport.com is the daughter of Consumerinfo.com and granddaughter of Experian.

ConsumerInfo has been in operation since 1995.  While Experian, with a presence in over 60 countries, has been around for even longer.  As an industry leader, Experian has delivered over 20 million credit reports to over 3 million members.

The main aim of CreditReport.com is to provide products and services that help individual consumers understand their personal finances and provide access to monitoring services for consumer peace of mind.  The latter is the key to identifying abnormal activity quickly which is essential in preventing fraud.

The information available through CreditReport.com is also useful, as it tells you where you stand financially in one simple number – your credit score.  This magic number will determine whether or not you qualify for a loan or credit card, the interest rate you are granted and sometimes even if you make the shortlist when applying for a job.

7-Day Trial

If you want a peek at the service without any major commitment, you can purchase a 7-Day trial membership for just $1.  Just to add the feel good factor, that $1 is actually donated to DonorsChoose.org, an online charity that offers funds to classrooms in need.

With this 7-Day ‘peek’ you will not be restricted in anyway.  You will have unlimited access to your credit report, credit score  and the credit monitoring service for 30 days, as well as daily monitoring of your credit reports from the main three credit bureaus:

• Equifax
• Experian
• TransUnion

Your trial membership at CreditReport.com also provides unlimited access to an analysis of your credit history and email alerts whenever there is a change to your credit history.  These changes could range from late payments to a credit card charge dispute.

You may cancel anytime within the 7-Day period without charge.

Another benefit of CreditReport.com is that you can sign up for the website’s newsletter and you don’t even need to be a member.  This newsletter offers credit-related news and tons of beneficial information regarding credit and related topics such:

• How to raise your credit score
• How to avoid becoming a victim of credit card fraud or identity theft.

Main Membership Benefits

If you do decide to sign up for a full membership, you will need to part with $19.95 every month.  If after signing up you decide the CreditReport.com service is not for you, you can cancel at anytime.  Cancellation does not mean all ties are cut however; you will still receive daily as well as bi-monthly credit monitoring and alerts.

Other benefits of the service include:

– Fraud resolution support

This service offers access to CreditReport.com representatives who can assist you if you become a victim of identity theft. With this service, you could be eligible to receive a customized fraud resolution kit, as well as access to a toll-free number where support staff will walk you through identity theft resolution options. The staff can even help you place a fraud alert on your credit report.

– $50,000 product guarantee

If you fall victim to identity theft because of the failure of CreditReport.com to provide identity protection services, the company will reimburse you up to $50,000 for expenses incurred that are directly related to your identity theft and/or its resolution.  Please note that you have to prove you were actively using the service as described in their terms and conditions for this to apply.

– ChildSecure

With this service, you can enroll any/all eligible children and CreditReport.com will be on the alert for any credit applications or use of their personal information.

Member Support

CreditReport.com provides a fairly in-depth FAQ database on their website. If you have more complicated questions, or prefer to speak with a live representative, CreditReport.com offers both telephone and email support.

The Bottom Line

CreditReport.com is most beneficial if you want to access credit monitoring services and regular updates of your credit score.  If you want a more all encompassing identity theft protection/resolution service then there are other products in the market that protect against the various elements of identity theft.

For example, if you want protection that will recover lost or stolen debit and credit cards, with CreditReport.com, you will need to sign up for the CardSafe program which is an additional $19.95 per year in addition to the regular monthly membership.  Other services offer this protection and more as part of the package for a comparative cost.

Overall, the company offers a great credit monitoring service for the price and there is ample customer support to assist you along the way.