Your credit scores are calculated based on the information in your credit reports. When choosing where to get your credit score, find out what kind of score it is.Īlways get and review your credit reports, which you can do at no cost to you at. Our report found a meaningful difference for one out of four people. But the scores can be quite different for some. For most people, an educational score will be close to the scores lenders use and can be helpful for consumers. The CFPB published a report on the differences between educational scores and those used by lenders. Some credit score sources provide an "educational" credit score, instead of a score that a lender would use. If you decide to purchase a credit score, you are not required to purchase credit protection, identity theft monitoring, or other services that may be offered at the same time.
Other services may also offer scores for purchase. You can buy a score directly from the credit reporting companies.
Before you sign up to try one of these services, be sure you know what you are signing up for and how much it really costs.īuy a score. These services are often advertised as “free” trials, but if you don’t cancel within the specified period (often as short as one week), you could be on the hook for a monthly fee. Other sites may require that you sign up for a credit monitoring service with a monthly subscription fee in order to get your “free” score. Many services and websites advertise a “free credit score.” Some sites may be funded through advertising and not charge a fee. Non-profit credit counselors and HUD-approved housing counselors can often provide you with a free credit report and score and help you review them. The score is usually listed on your monthly statement, or can be found by logging in to your account online. Many major credit card companies and some auto loan companies have begun to provide credit scores for all their customers on a monthly basis. There are four main ways to get a credit score:Ĭheck your credit card or other loan statement. Lenders also use slightly different credit scores for different types of loans. If the information about you in the credit reports of the three large consumer reporting companies is different, your credit score from each of the companies will be different. Credit scores are calculated based on the information in your credit reports. Many organisations including financial, telco and utility providers may review credit scores as part of your application.You actually have more than one credit score. We retrieve your credit score directly from Equifax (formerly Veda). Your information is protected via identity checks and encryption. It is simple and fast to sign up and get your free credit score and information on what is driving your score. Review hundreds of different product options for GetCreditScore members designed to help you find the offer that suits you. We believe access to your personal credit score is your right, and an important step on your way to financial health. Get your FREE credit score from GetCreditScore to know where you stand and get access to finance deals that suit youĪccessing your credit score via GetCreditScore won’t negatively affect your credit score. Credit scores are one indicator of your credit risk and may be used by credit providers like banks and credit card companies to help understand how responsible you are to lend to. A credit score is a number which summarises the credit information from your credit report.