Know what your credit monitoring service will alert you about

Using a credit monitoring service is a good way to make sure your credit is always intact. If there is suspicious activity in your line of credit, the service provider will alert you. However, according to the Federal Trade Commission, they will not alert you if:

  • A person other than you makes a withdrawal from your bank account.
  • Someone uses your identity to collect your tax refund.

If someone contacts you claiming to be your credit monitoring service and alerts you of either of these things, it’s likely a scam.