Wednesday, May 10, 2006

Free Credit Monitoring from PayPal

PayPal is offering two free credit monitoring services from Equifax for PayPal account holders. One monitors balance changes (in amount and percentage) and the other will send you wireless alerts when inquiries are made to Equifax about your credit.

With all I've been hearing about identity theft these days, I signed up right away. If you don't have a PayPal account, it's easy (and free) to sign up. If you need any other incentive to sign up with PayPal, their Money Market Fund is currently earning 4.62 percent.