Why Monitor your Credit Report. Meanwhile, there are also those who hack the database of larger organizations. What is more disturbing is the fact that many techniques are used to steal your personal information. Unfortunately, anyone can be a victim of identity theft including you. In the United States, there are three major credit bureaus that provide you with a free credit report every year.

Some criminals go as far as stealing a laptop that stores hundreds of personal records. One way to protect yourself from being a victim of this 21st century crime is to monitor your credit report regularly and check all the information it contains. Most people only find out they are victim months after the crime happened.

But probably the most unfortunate part is that it is highly unlikely for you to discover the crime immediately. If you watch the news, there isn t a day that you don t hear reports about identities being stolen.

It is better to spend some time checking all three reports.

The number of identity scams these days is very alarming.