What is the best credit score monitoring site?
tabulator32 asked:
What is the best website for subscribing and getting updates to my credit as I strive to improve my credit rating.
What is the best website for subscribing and getting updates to my credit as I strive to improve my credit rating.
I know there are a lot of them out there. I just want a relatively inexpensive one that shows me my credit rating.
Thanks!
The cheapest way I know of is to take advanteage of a new law requiring credit agencies to give people a copy of their credit report once a year.
There are three major companies. If you request a report from each one, you will have a complete copy of your credit record. Some people suggest requesting your free report from a different agency every 4 months to keep up to date (3 reports a year, one from each agency)
Your credit RANKING (or credit score) is a different matter. Each ranking agency will sell you this score directly, which is probably the cheapest way to get it without creating a credit request (credit requests can lower your score).
If you make a credit application, the people who check your credit are supposed to tell you the results of the check, including your credit score. I don’t know all the details of this, but I recently got a letter from a lender telling me my credit score. The lender told me that I had the right to that when I applied for the loan - you should ask if they don’t mention it.
freecreditreport.com if you subscribe to this website which belongs to experian credit bureau you get access to your credit file and your FICO score (credit score) for free for a month and includes free credit monitoring for a month, if you want to continue after the free trial you will have to pay $12.00 monthly for the credit monitoring service. You can cancel anytime before the end of the month and you don’t have to pay anything and you get your credit report for free.