Breaking down GoFreeCredit: Can GoFreeCredit accurately monitor your credit?

April 10, 2023

Find out what you need to look for when choosing a credit monitoring company, so you can get a free and accurate score to make decisions on.

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GoFreeCredit has an A+ rating with the BBB. They have been helping their customers keep an eye on their credit since 2004. These alerts let customers fix problems.

What does GoFreeCredit do (& are their services legit)?

If you're looking for a loan, you need to know your credit score. Credit monitoring helps you get accurate credit information, which you can use to fix any inaccuracies. Choosing the right company is essential, and it's important to use one that's reputable. GoFreeCredit offers credit monitoring services, but are they legit (& accurate)? The BBB gives them an A+ rating.

3 critical items you need to consider before monitoring your credit

1. If you aren't monitoring your credit, you need to be.

If you're planning on getting a loan you need to know your credit score first. Using credit monitoring tells you your score — and it also alerts you when there are changes. Knowing about potential identity theft, fraud, or data breaches prevents your credit score from taking serious hits. Additionally, knowing your score helps you set goals and plan, so you can get a low rate (& great deal) on a loan.

2. Don't get scammed by illegitimate credit monitoring services.

Credit monitoring at a low price (or free) sounds like a deal, right? Wrong, this is a big red flag that it may be a scam. You also encounter another (big) reason to proceed with caution. Signing up for a credit monitoring service involves sharing sensitive information. What can you do for security?

The best way to protect yourself (& your identity) is looking for common red flags. A few are:

  • Asking for personal information over the phone or email.
  • Requiring payment through money order or gift cards.
  • Poor ratings or customer reviews with an accredited agency (like the BBB).

Last, and certainly not least, do your due diligence. Anytime you fork over personal information to a company you need to research the company & verify credibility. The good news? You're reading this review, so you're too smart to be grifted by con-artists.

3. An essential (& commonly overlooked) component of credit monitoring: identity protection (& does GoFreeCredit offer it?)

Good credit requires more than just monitoring. A critical component? Identity Protection. Without ID protection fraudsters could wreck your credit in the blink of an eye. In fact, according to the FTC, 9 million identities are stolen every year! The bottom line? You need identity protection w/ your credit monitoring package.

The good news? GoFreeCredit does include ID protection in their plan. With this crucial component, you have more comprehensive monitoring. They provide "free ID protection" that includes identity theft insurance.

What's the verdict on GoFreeCredit — legit or scam?

  • Can you sign up for free? - GoFreeCredit offers a 7-day trial for just $1. After that, it's $19.95 per month.
  • Is it safe to monitor credit with GoFreeCredit? - They have an A+ rating with the BBB.
  • Do they offer an app? - They currently don't have a mobile app.
  • Is there a cost to cancel? - Cancelling your GoFreeCredit membership is free.
  • Do they include ID protection? - GoFreeCredit offers ID protection that includes identity theft insurance.
  • What makes GoFreeCredit special? - Daily updates of your TransUnion credit report, personalized debt analysis, identity theft insurance, and restoration.
  • Will checking my credit score with GoFreeCredit lower my score? - No, it won't affect your credit.

Our recommendation: should you work with GoFreeCredit to monitor your credit?

GoFreeCredit can be a useful tool for monitoring your credit. The downside? They don't offer comprehensive ID protection. With companies like IdentityIQ, you get both credit monitoring & ID protection.

Why you get more with IdentityIQ (over GoFreeCredit)

IdentityIQ is a great alternative to GoFreeCredit. They offer accurate credit reporting from all three bureaus as well as comprehensive identity protection including:

  • $1 million in stolen funds reimbursement
  • Coverage for personal expense compensation
  • Dark web monitoring
  • US-based ID restoration services

They even provide you with a credit score simulator to help you create a plan for improving your credit score.

What credit monitoring does & doesn't do for you

First, let's start with what credit monitoring does do for you. Every company (& monitoring plan) has different aspects that they track. In general, monitored items include several principal areas such as:

  • (Hard) Inquiries
  • New accounts opened
  • Current balances
  • Payment history
  • Bankruptcies

This watchdog is a powerful tool — but there are limitations. It functions like an alarm. It alerts you to an issue, but handling the problem is up to you. Dealing with inaccurate (or incorrectly reported) items in these areas is an entirely new problem that monitoring alone can't solve. This is where credit repair, either on your own or with an experienced expert, saves the day.

Credit monitoring + credit repair: A holistic approach to your credit

Credit monitoring is only half the equation for healthy credit. The other half? Credit repair. Credit monitoring alerts you to errors — but doesn't fix them. Removing the errors is a job for credit repair.

You could take on a notoriously convoluted credit industry and repair on your own (good luck w/ that). The better way? Partner with a reputable credit repair company (like Credit Glory). Credit Glory has the experience to fix errors in all areas monitored by credit monitoring companies.

Help your financial future with Credit Glory

Disputing negative items on your credit report is hard work!  It takes a lot of time, effort, organization, and follow up.  The good news?  Our team of credit repair professionals are here to simplify everything!  Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies.

Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2022 and beyond.

Call us at (855) 938-3044 to get started, today!

Begin Your Journey To A Healthy Financial Future, Today

Reclaim your financial freedom and speak with a live credit specialist for your free consultation.

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