Best Reviews TopConsumerReviews.com Best Credit Monitoring Best Reviews
Best Reviews
      July 9, 2020

Home  >  Credit Monitoring  >  Credit Karma vs LifeLock

Best Credit

Monitoring Services

  1. My FICO
  2. Credit Sesame
  3. LifeLock
  4. Equifax
  5. Experian
  6. Credit Reporting
  7. Free Score 360
  8. Free Credit Score

Your Information Is Secure
101 Tips to Raise Your Credit Score Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!

Latest Reviews

Bicycle Parts

Credit Counseling

Feather Pillows

GMAT Test Prep

GRE Test Prep

Hemorrhoid Relief

Homeschool Supplies

LSAT Test Prep

MCAT Test Prep

Senior Care

Thyroid Health

 

Individual Reviews

Credit Karma

My FICO

Credit Sesame

LifeLock

Equifax

Experian

Credit Reporting

Free Score 360

Free Credit Score

 

Related Articles

How Often Should You Check Your Credit Report?

Why Is A Good Credit Score Helpful?

What Kind Of Information Will Your Credit Report Contain?

What Can You Do If Your Credit Report Is Wrong?

How You Can Raise Your Credit Score If Itís Low

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Credit Karma vs LifeLock

Best Credit Monitoring

To help you find the Best Credit Monitoring Companies, TopConsumerReviews.com provides you with an in-depth comparison of Credit Karma and LifeLock.

To see ALL of our reviews for the Best Credit Monitoring Companies, please Click Here

Where is the best place to monitor your credit? In order to purchase a home, buy a car, or obtain almost any kind of loan, you need good credit and history. Falling behind on credit card payments, making too many expensive purchases, opening multiple credit card accounts, filing for bankruptcy, not paying monthly bills, and other factors may cause your credit score to drop significantly. On the flip side, staying on top of credit card payments, paying bills right away, and paying off loans are a few of the ways you can build a fantastic credit score.

Staying aware of your current credit score and proactively working to keep it up will help you, in almost all, financial aspects of your life. During the interview process, companies looking to hire may even request access to a modified credit report to check for signs of financial distress. This helps companies know if candidates may be at risk for committing theft or fraud. With new online services, you can easily access your credit score and stay on the road to financial success.

Continue reading below reviews

Best Reviews

2020

Credit Monitoring Reviews

5 stars
Credit Karma

CREDIT KARMA

Visit Site

Cost:

Free

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Hopefully we are not the only ones who think the nitty-gritty details that make up a credit score can be confusing. Luckily, Credit Karma has a video displayed right when you land on the home page titled "How Reporting Works". From the get-go, Credit Karma makes it clear that they are an advocate for consumers who want to have healthy credit. They provide plenty of resources on their website to help make this happen for people including a credit score simulator, debt repayment calculator, loan calculator, help articles, community forums, and more.

Did we mention Credit Karma is free? Yep. 100% free. This is because when they give you access to your credit scores through credit bureaus like Equifax and TransUnion, Credit Karma will make recommendations about products that will save you money by analyzing your data. If you choose to get a product based on Credit Karma's recommendations, the lender will pay them. Essentially, they are using your personal information to advertise to you. (If this is worrisome, might we suggest you ditch all forms of internet use, since this is pretty much how marketing works these days).

Most importantly, Credit Karma provides free credit monitoring as often as you'd like. You will need to create an account and provide your personal information, including your social security number. They will then perform a "soft pull" or inquiry without affecting your overall credit score. In addition to viewing your score, you receive alerts and updates if something seems out of the ordinary. This is a great way to spot identity theft. Credit Karma will show you a graph of your credit over time and let you see how your score compares to others by age, state, and income.

Credit Karma matches you up with products and services you might need when buying a house, car, or credit card. On the website, you can read honest product reviews about the suggested companies and products from other customers. We like that some really rip on the particular credit card, insurance company, loan company, or whatever it may be, while other reviews sing their praises. These are obviously unfiltered and really let you as the customer make the best decisions for yourself.

The Better Business Bureau gives Credit Karma an A rating. Because their services are free, you really can't go wrong here. They are not selling your information, but rather using it to target you with the best credit cards or loan services available to you. Transparency is central to the workings of Credit Karma. They want you to have access to your own data and make educated decisions about your financial future. We are impressed by this business model and have therefore given them our highest rating among credit monitoring services.

Visit Site
3 stars
LifeLock

LIFELOCK

Visit Site

Cost:

From $9.99 to $34.99/month

In addition to credit monitoring, LifeLock offers other services in the realm of cyber security to protect household devices and give parental controls to families. Four package options are available for customers looking for identity protection services. The package costs range from $9.99 to $34.99 and all pricing goes up after the first year. The price range depends on the extent of services needed by the customer.

The most thorough and expensive package is the Norton 360 with LifeLock Ultimate Plus. This package includes includes:

  • Identity and Social Security alerts
  • Credit Monitoring: Three Bureaus
  • Security for Unlimited Devices
  • VPN for Unlimited Personal Devices
  • Bank Account & Credit Card Activity Alerts
  • Alerts on Crimes Committed in Your Name
  • Annual Three Bureau Credit Reports and Credit Scores
  • 401(k) and Investment Activity Alerts

LifeLock's pricing is on the higher end of the spectrum when compared to competing companies that offer similar services. Their package options do not include features that are vastly different from other companies offering similar services. Something LifeLock lacks is a good family plan. Children can be added to receive coverage for an extra $5.99 a month, but spouses must purchase a separate plan for themselves.

The Better Business Bureau give LifeLock an A- rating. Other customers give average feedback about the services received by LifeLock. Many people are frustrated with overly heavy marketing efforts. Some report being bombarded with emails and physical mail. In 2015, the Federal Trade Commission brought allegations against LifeLock after people complained that they did not provide the services they advertised.

LifeLock's actual services seem to be satisfactory to customers who use them. Despite their customer complaints, luckily they have never experienced a security breach that would put their customers at risk. We feel their pricing is quite a bit higher than other companies who provide similar services. Rather than just focusing on credit monitoring and helping individuals improve their credit scores, LifeLock puts efforts into cyber security. For credit monitoring specifically, we suggest using a higher-rated site.

Visit Site

Continued from above

Aside from working to qualify for a loan or your next big career move, a big issue in the world today is identity theft. It is estimated that nine million Americans are victims of identity theft each year. Sometimes this can be caught by watching to see if your credit score takes a major hit. If this is the case, you can dispute the credit report and work to fix the problem. Working with a credit monitoring company that has good customer service to help you through potential issues is important.

Before choosing a credit monitoring service, we suggest you keep the following criteria in mind:

  • Cost. Will you be charged a monthly fee? How do rates compare to their competitors? Find a company that works to keep things budget-friendly.
  • Customer Service. It is important to have easy access to a knowledgeable customer service team that can clearly answer your questions. It can be frustrating to be left confused or jump through hoops to speak to an agent.
  • Resources. Is the website easy to navigate with plenty of straightforward options to manage your credit report? The company should be your advocate for helping you improve your credit score and find the lowest rates on purchases.

To help you identify the best credit monitoring service, TopConsumerReviews.com has reviewed and ranked a variety of options. We hope this information helps you find a credit monitoring company that will provide a good experience for you!

Monitoring your credit during the COVID-19 pandemic

One Tampa Bay area woman who applied for help under the Cares Act found out, her credit took a hit anyway. "It was really disheartening," Natasha Goodley who lost income because of COVID-19. So like ...

Published:  Wed, 08 Jul 2020 14:39:00 GMT



People's United Bank Launches AlwaysChecking, a Premium Digital Identity & Credit Protection Service Free for All Personal Checking Account Customers

People's United Bank, N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT) today announced the launch of AlwaysChecking, ...

Published:  Mon, 06 Jul 2020 08:01:00 GMT



How to Quickly Improve Your Credit Score Before Buying a New Car

You've finally decided to ditch your car and upgrade in a big way. Congratulations! But one thing before you pull that trigger: How's your credit score these days?

Published:  Tue, 30 Jun 2020 10:36:00 GMT



Moody's, S&P monitoring Indonesian central bank's credibility in new debt scheme

The ratings agencies Moody's and S&P said on Tuesday Indonesia's debt monetization would not affect the country's credit ratings in the short term, but they are monitoring how the central bank ...

Published:  Tue, 07 Jul 2020 09:31:00 GMT



People's United launches digital identity and credit protection service

People's United Bank has launched a digital identity and credit protection service that allows its customers to monitor the accounts of themselves and their families on a single dashboard.

Published:  Tue, 07 Jul 2020 05:58:00 GMT



COVID-19 may have quietly cut your credit card limit and credit score

Credit card companies have been looking to reduce their risk by lowering the amount of money they make available to borrowers, just in case unemployed people start defaulting en masse. Some issuers ...

Published:  Thu, 25 Jun 2020 11:02:00 GMT



First Advantage Webinar to Consider Criminal Monitoring and the Post-Pandemic Workforce

WHO: First Advantage , the global leader in background check and drug screening solutions WHAT: Will explore changing workforce needs in an upcoming webinar titled, 'Criminal Monitoring and the Post-P ...

Published:  Wed, 08 Jul 2020 05:02:00 GMT



Elevate Credit to Exit UK Market

Elevate Credit, Inc. ("Elevate" ), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, annou ...

Published:  Mon, 29 Jun 2020 04:50:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure