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This service is worthwhile because you can get details about your credit report on a regular basis and see whether any fraud was committed without you knowing.
According to the US Federal Trade Commission (FTC), it usually takes around 12 months for a person who has become a victim of identity theft to notice the crime. However, with a credit monitoring service, you will get regular (daily, weekly or monthly) reports on changes to your credit.
In the United States, nearly 10 million Americans were victims of identity theft in 2007 at an average cost of $5,000 per person. However, with the help of credit fraud report, two-thirds of these victims figured out that their personal information was being misused and this helped them stop the crime getting out of hand without incurring any out-of-pocket money.
Although consumer reports monitoring and credit fraud report cannot stop identity theft, they can reduce the impact to a very large extent.
As a consumer, you have the right to look at your credit report without affecting your credit score. This is called consumer pull. Your credit score will only get affected if a possible creditor inquires about your credit. By using credit monitoring services, you will also be alerted when credit inquiries from a potential creditor are made.
Therefore, it is in your own interest to get registered with a credit monitoring company so that you can do regular consumer report monitoring.
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Credit reports contain practically all the information about a consumer. You can find the Social Security number, date of birth, current address, previous address, telephone number, credit payment status, employment details and even legal information. 
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