Credit monitoring FAQsWhat is the difference between credit monitoring, credit repair and identity theft protection? chevron-downchevron-upWhile credit monitoring services continuously scan your credit file and alert you of changes, credit repair services can help you remove errors from your credit file and navigate the dispute process. Identity theft services scan for your personal information on the dark web, social networks and public records. Why is it important to monitor your credit score?chevron-downchevron-upMonitoring your credit can help you catch errors and suspicious activity on your report. While credit monitoring services are typically used to monitor for identity theft, they can also provide you with more information on your own credit activity and why it may be impacting your credit score. Does credit monitoring affect your credit score?chevron-downchevron-upNo, credit monitoring will not affect your credit score since it’s a soft inquiry. Only hard inquiries, such as applying for a new loan, will impact your credit score. , Learn about free credit monitoring from TransUnion®. Free score, alerts, report, monitoring & personalized offers. Free to signup, free to use., Credit monitoring services protect your credit score by notifying you of changes in your credit report and checking your financial accounts and the dark web for possible fraud or theft..