Yes. When a user successfully enrolls in the credit score solution, they are automatically enrolled in credit monitoring. Their file is scanned daily for key changes, and an alert is sent when a significant change is detected. These alerts are within the SavvyMoney Credit Score tool under the "Alerts" tab and sent via email. The user can update their email preferences for SavvyMoney emails by navigating to “Resources” and the “Profile Settings” section.
SavvyMoney will provide the following monitoring alerts:
- An account has been included in bankruptcy.
- An account is reported as delinquent.
- A fraud alert has been placed on the credit file.
- A previously derogatory account is now current.
- A new account has been opened.
- An account in your name shows a different address.
- An account in your name listed a new employer.
- A new inquiry on the credit file.
- A new public record has been reported.