Paypal Offers Free Credit Alerts

Paypal equifax free credit alertsI just signed into my Paypal account this morning to see that Paypal has teamed up with Equifax to offer free Equifax Credit Alerts to all US based Paypal users. Credit Alerts systems are basically an “early warning system” that something strange may be going on with your credit report. Equifax will monitor your credit file and whenever certain activities take place, send you an email to let you know. For example, if someone tries to obtain credit in your name or when a significant change occurs on one of your existing financial/credit accounts. If the alert comes and you are the one who has done it, then no problem. If an alert comes and you have no idea why, it’s a good

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3 Responses to Paypal Offers Free Credit Alerts

  1. lizriz says:

    Hm, I wonder if *everyone* ends up having to call and then they try to sell you something?

    OK, I’m totally jaded, what can I say…

    :)

  2. Tyler says:

    I was able to sign up pretty easily. You can even set it up so that it sends alerts as a text message. Not bad for a free service.

  3. Hilary says:

    Sadly, they cancelled this service on 02/29/08.

    Sigh.

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