Equifax and PayPal have teamed up to provide a basic credit monitoring service that is free to anyone. I say it’s free to anyone because after you click on the sign-up link, there is no verification that you actually use PayPal when signing up. In fact, I already had an Equifax login from my free government-mandated credit reports, so I just used that and it grabbed all my info automatically. Two types of alerts are included:
- Upon an Equifax credit inquiry, or a
- Balance change over a chosen percentage or dollar amount.
I signed up a few days ago, and got my first balance alert today. It doesn’t tell you which credit card triggered the alert, which is a bummer. Still, not bad for free and now I’ll know when my Equifax credit is pulled.
That’s great. Thanks JP.
Hi, Very interesting blog. Inspired me to make up some financial goals and start now… Do you have an suggestions for books on investing and such for somebody who has never done this before? Thanks!
it didn’t work for me … they wanted me to pay for a membership
CollegeStudent – Please check out the Book Reviews category on the right.
Anon – That’s weird, because I don’t think this is a product that they charge for. Be sure to click the link above to the PayPal info site and then ‘Sign-up with Equifax’.
I try to stay away from paypal.
That’s just it, this thing has nothing to do with PayPal. I think it was just given out to help assuage PayPal user’s fear of identity theft, but is provided by Equifax
I got an “inquiry” alert, and then the email said to log into Equifax, and when I did, I saw where it came from.
I signed up for this service and all I get are false alerts. Anyone else have this problem?
This promo is coming to an end. I got a letter in the mail a few days ago staing… Dear Paypal Member, your membership will be ending Mid Feb. 2008 and of course they solicit for me to buy a paying membership.