CreditScore.com is an Experian-owned company that offers free credit monitoring. The company also provides consumers with a free Experian credit report and FICO score, access to a mobile app, an Experian boost tool, and more.
In addition to CreditScore.com's user interface, customers can also access their accounts through the Experian website.
Although CreditScore.com is free, it's important to note that the company only offers monitoring/scores for one credit bureau (Experian), and only refreshes credit reports once per month. We advise customers to make sure they know what they're signing up for before enrolling at CreditScore.com.
Keep reading to learn more about CreditScore.com's credit monitoring services.
CreditScore.com is owned and operated by Experian, the largest of the three major credit bureaus. As such, the company has tremendous financial resources, manpower, and expertise when it comes to credit information.
When a user signs up with CreditScore.com, they might rest a little easier knowing that the entire service is owned and operated by a legitimate publicly-traded company, rather than a shady fly-by-night operation.
There is no cost to sign up with CreditScore.com, making it a good option for consumers who would like to access basic credit monitoring and reporting services without breaking the bank. With CreditScore.com, consumers can also obtain a free credit score and free credit report.
Meanwhile, many other companies in the credit monitoring industry charge users a monthly payment for similar services.
CreditScore.com's credit report and monitoring use the FICO credit scoring model. This is worth noting since it's the same brand of credit score used by the vast majority of lenders and gives customers a much more accurate idea of their real-world creditworthiness.
Keep in mind that while some lenders may use a different variation of the FICO scoring model, such as FICO Mortgage or FICO Auto, the FICO 8 score provided by Experian is still likely to be much closer to the score a lender pulls than any other type of score.
Another feature we look at and applaud CreditScore.com for including is a true FICO credit score simulator.
For those who are unfamiliar with credit score simulators, they basically allow a user to see how different financial decisions, such as paying off a credit card or taking out a mortgage, might affect their credit score.
These kinds of tools tend to provide users with the most useful credit insights. These tools also give consumers opportunities to learn hands-on how to build their credit over time.
Because CreditScore.com is powered by Experian, it allows users to take advantage of one of the best-designed mobile credit monitoring apps on the market. The interface is attractively designed, easy to use, and provides full access to the same features as the website.
One feature that stands out is the service's integrated video section, which shows users how to do everything from disputing a late payment to placing a security freeze on their account. The video section is also designed to educate users on topics such as hard inquiries, revolving accounts, and the like.
CreditScore.com only provides credit reports, credit scores, and credit monitoring from one of the three major credit bureaus (Experian). This means that customers will not have access to information from Equifax or TransUnion, leaving a large gap in their ability to accurately monitor their credit.
That said, it is fairly common to see free credit monitoring services that only provide data for one credit bureau.
CreditScore.com only refreshes credit reports and credit scores once per month. This is not up to par, since many other companies in the industry offer weekly or even daily report refresh rates.
M Fischer Jacksonville, FL
9 years ago
William Alexander Purcell, OK
4 years ago