Based out of California, Credit Karma has been featured in multiple news articles including MSNBC, SmartMoney, The Wall Street Journal, USA Today, and TechCrunch. Beginning with two credit reports and scores, the heart of personal finance, the company brings more transparency and certainty to credit and finance with free monitoring, data-driven resources, and personalized recommendations.
myFICO is one of the only companies in this space that provides users with comprehensive triple-bureau credit monitoring and the same industry-standard FICO credit scores that lenders actually use, in addition to top-tier educational materials and tools. Although at $19.95 to 29.95 per month, it is slightly more expensive than some competitors, its service has had few, if any, major complaints or scandals over the years and its reputation is quite strong.
The newest and largest of the three major credit bureaus, Experian has been in business since 1996. The company offers competitively priced triple-bureau credit reports in addition to single-bureau credit monitoring. Although its service only actively monitors one of the three credit reports, it offers a surprising number of features and functionality, including an awesome mobile app, which could make it an option worth considering for some.
As one of the leading identity theft protection companies in the United States, LifeLock includes credit monitoring as part of its Ultimate Plus membership program. This review is geared specifically towards examining how robust and effective its credit report monitoring features are for those seeking to track, improve, and build their credit and credit score over time.
Although ScoreSense provides access to fresh credit reports, acceptable monitoring, interesting tools, and well-designed mobile apps, the company also sells customer information, pushes inaccurate credit scores, has a high monthly price, signup issues, and a poor reputation for misleading clients that it just can't seem to shake off.
MyScore.com works to help consumers gain a clear understanding of their credit, manage it more effectively, and protect it against the escalating threat of credit fraud and identity theft. The company educates its members about today's complex credit industry and empowers them to make smarter financial decisions.
Based in Washington D.C., WalletHub is owned by Evolution Finance, Inc. The company was the first ever to offer free credit scores and full credit reports that are updated on a daily basis. The WalletHub founder, Odysseas Papadimitriou, has more than 15 years of experience in the personal finance industry and is a highly sought after personal finance expert whose views are regularly quoted by leading publications.
FreeCreditReport.com is owned and operated by Experian, one of the three major credit bureaus. As the name indicates, the company provides users with access to their Experian credit report at no cost. This bare-bones credit report, which is updated monthly, may be sufficient for some users. However, others would prefer a more comprehensive look at their credit.
Mint.com is owned and operated by Intuit, placing it in the same family of companies as TurboTax and QuickBooks. In addition to its well-known personal finance tools, Mint offers Mint Credit Score, a basic free credit monitoring service, along with the more robust Mint Credit Monitor, which costs $16.99 per month. This review dives into Mint's credit monitoring services to see how the company stacks up to the competition.