DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. Disclosure.
The content is for informational purposes only. Conduct your own research and seek advice of a licensed financial advisor. Terms.
10 Sites to Get Free Credit Score
Experian
Experian is one of the three licensed credit reporting bureaus that lets you access your credit score and file to improve your FICO score.
You can access your FICO score and credit report for free without the need to give your credit card details.
However, you must register on the website by providing vital data such as;
- First name
- Last name
- Current street address
Besides your credit score or file, you can also get notifications of other services and available credit opportunities.
Because Experian provides a FICO score, the score and report generated are credible and accurate. This means you can use the information when obtaining a car loan or a mortgage loan.
Some of the advantages under the premium plan include a daily and monthly 3-bureau credit report and FICO score.
For a more comprehensive report, you can sign up for the free 7-day trial and pay $24.99 per month after the expiration.
Credit Karma
Credit Karma is not a credit bureau and therefore doesn’t gather data from creditors. However, the platform gathers data from Equifax and Transunion, which are leading credit bureaus, making it more accurate and reliable.
It has a VantageScore-based evaluation that matches your FICO score, which most lenders use when advancing credit.
To get started;
- Put your personal information, including your name and Social Security Number (SSN).
- When you authorize the site to generate a score, Credit Karma generates your report and compiles your VantageScore.
- The scores range from good to very good, and you’ll receive a detailed report alongside your VantageScore.
Credit Karma also offers other services such as sending notifications for credit checks, security monitoring, and advice on financial management.
In addition, you can personalize your search criteria for a home loan, credit card, and car loan and the inquiries section shows the requests from lenders where you’ve applied for a credit facility.
Credit.com
Credit.com provides free credit scores alongside other paid services you may need when seeking credit service.
It’s worth noting that you don’t get the actual FICO score that lenders use to appraise your creditworthiness during a loan application. However, you can use the scores to manage your finances and educational purposes.
It’s a low-risk method that:
- Generates a credit report card.
- Evaluates your score, and advises on the various aspects affecting your overall score and how to improve.
- In addition, it offers monthly notifications helpful in tracking your progress.
Even though Credit.com doesn’t provide a FICO score, you can get a VantageScore 3.0 based on a credit report from Experian, which makes the information credible or accurate.
Besides credit reports, you can also receive your payment history with a rating of very poor to excellent, and this enables you to know if you’ve been making payments on time.
The platform also comes in handy when analyzing your existing debt, determining the debt to credit ratio, age of credit history, and you can know your credit mix.
Credit Sesame
Credit Sesame has a broad footprint in the online credit space and provides a reputable tool to generate your credit score for free.
You can also get other free services such as;
- Free credit monitoring alerts
- Credit report cards.
The platform also suggests factors that are negatively affecting your credit score and recommends remedial measures.
Credit Sesame is unique in that you can get a free cash debit account that allows you to earn up to $100 cash rewards in 30 days when your credit score is removed.
You can also find financial management blogs such as how to build credit, ways to improve your scores and how to get out of debt.
Wallet Hub
Wallet Hub is a comprehensive database that monitors your credit score and reports and provides daily updates of your credit ratings.
The platform is free, and, for you to get a reliable credit report, you need to provide personal information such as;
- Name
- Date of birth,
- The last four numbers of your SSN and address.
The platform generates your credit score from Transunion, which is VantageScore 3.0 model-based.
Even though it doesn’t link to financial institutions, it uses vital financial tools to provide a credit score for educational purposes.
The report generated has detailed information, including loans, credit balances, accounts, and payment history.
Freecreditreport.com
Freecreditreport.com is the ideal place to get your credit score and report. The platform offers a free 7-day trial period after which you pay $14.95 per month for you to continue accessing the services.
Freecreditreport.com is not affiliated with FICO, and therefore the reports generated can’t be used to appraise your bank loan application.
When seeking a report, some of the critical information you must type include;
- Credit card type
- Date of birth
- Mother’s maiden name
- Credit card number and expiration date.
After accessing the system, you can view your Experian credit score and report alongside a credit report guide that analyses the information provided.
The platform also provides a comprehensive list of factors affecting your credit score, such as failing to pay your bills on time, bankruptcy, or charge off.
Likewise, you’ll also get favorable factors that positively impact your credit score, such as a lower credit card balance than the available limit.
Free Credit Score from Credit Card Companies
1. Barclay Card
Barclay card is a big player in the credit card market, and as a member, you can get complimentary FICO scores to help you understand your credit scores and report.
A Barclay card requires a minimum credit score of 700 to 750, which the card issuer uses to assess your creditworthiness. Barclay card works with Transunion, and therefore the reports are reliable.
Here is how you can view your credit score:
- Accessing the Barclay card portal with your credentials for free
- You can also call the service lines and ask for a copy to be sent to your email.
2. First Bankcard
First Bankcard has partnered with FICO to offer its clients an opportunity to access the FICO score for financial management and to help you understand your credit score.
The service is free, and the score you get can speed up your loan or credit card application and approval.
You can get your credit score or report by accessing the website with your credentials.
The advantages of your credit score:
- Summarises your credit file
- helps the lender determine your credit risk
- You may benefit from other offers such as lower interest rates
3. Discover Card
You can get your FICO score with Discover Card at no cost and use it for personal financial decisions or check if you qualify for loan offers in financial institutions.
You don’t have to be a Discover member to get your credit score.
What you need during registration:
- Sign up with your name
- Put your address
- Enter the last digits of your SSN
You must have good or excellent credit when applying for a discovery card, and a FICO score of 700 and above is sufficient to get you a credit card.
Because Discover cards rely upon Transunion to calculate the FICO score, it’s 100% accurate, and banks can count on it when making lending decisions.
4. Capital One Card
Capital One’s credit score is based on the FICO score, and to get your card, your score must range from 670 to 739. Also, lending institutions rely on the FICO score, and therefore it’s an accurate representation of your credit report and risk.
After getting your score, you can evaluate the factors affecting your credit scores, such as payment history, debt, loans, and credit age, and credit utilization.
Understanding FICO Score
| FICO Score Range | Rating |
|---|---|
| 300-579 | Poor |
| 580-669 | Fair |
| 670-739 | Good |
| 740-799 | Very good |
| 800-850 | Exceptional |
Free Credit Score FAQ
Why is a credit Score important?
A credit score is a financial management tool important in evaluating your credit risk, and it’s what banks look at when approving your loan applications as well as mortgages.
Also, it can affect your interest rates, job prospects, and credit limits. You can also use the credit score to know the various factors affecting your score and improve on those areas.
Which areas require the application of credit Scores?
Other than banking institutions, landlords may check your credit score when you’re searching for a place to stay.
Also, some employers may perform a credit check before hiring you, and insurers use these rates to determine your premiums. Further, some telephone providers can waive deposits if you have a good score.
How can one build a favourable credit Score?
You can build an excellent credit score by paying your bills before the due date, staying below the credit limit, and checking your credit card and loan statements regularly for accuracy.
Source link
#Sites #Free #Credit #Score