Wells Fargo has launched Enhanced Identity Theft Protection service to help customers monitor credit and check for inaccuracies that may indicate identity theft.

Wells Fargo said that the upgraded version of the current Identity Theft Protection service includes monthly triple credit bureau reports and scores, online calculators, credit score tracker and credit score alerts. The service is available through Wells Fargo Insurance and provided by Trilegiant.

According to the Wells Fargo, the enhanced identity theft service offers various tools to help customers manage credit, including an online ‘credit score simulator’ that lets customers see how a credit score changes if they decide to reduce debt on mortgages or credit cards, refinance a loan, apply for a credit card or consolidate debt into a new account. Filling in the different situations and then running the scenario gives an online picture of how financial decisions are tied to credit scores.

Melanie Donaghy, internet services group online service marketing manager at Wells Fargo, said: “The original Identity Theft Protection provided customers a way to monitor their credit to help watch for signs of identity theft. Customers told us they care about their credit score, so our enhanced service gives them more of an ongoing credit management tool. It fits right in with our overall focus on financial education.”