Comment Re:Why only 24 months of monitoring (Score 1) 26
"Monitoring" is all but useless once a malicious actor opens a new account in your name. With persistence you may be able to reverse the damage to your credit, but you have to put in the effort yourself because the credit monitoring companies and credit reporting agencies sure won't do it of their own accord. And even if you manage to set the record straight, *somebody* has to pay for all the purchases made on the fraudulent credit cards obtained in your name before they were shut down. In the end, we all pay.
The solution isn't credit monitoring, but better controls on your account to begin with.
The solution isn't credit monitoring, but better controls on your account to begin with.