FreeScore360 is powered by ScoreSense. As such, the two companies are very similar.
- Triple-bureau reporting
- Free trial
- Credit monitoring
Since it’s powered by ScoreSense, FreeScore360 provides users with fairly comprehensive access to all three of their credit reports, one from each bureau (Equifax, Experian, and TransUnion).
FreeScore360 offers a 14-day free trial of its services. Consumers may choose to either cancel before the trial period ends and pay nothing, or continue with the company’s services after the trial at the normal monthly rate. This trial is a nice feature and allows individuals to get a feel of the company’s services without having to pay.
FreeScore360 provides a standard level of credit monitoring, wherein the company will email alerts to its users when it detects a major change to any of the three credit reports on file. The changes monitored for include new accounts being opened, derogatory marks (such as late payments), inquiries, new public records, or a change in personal information (such as a new mailing address).
- High price
- Undisclosed scoring model
- Monthly refresh rate
- Lack of mobile app
FreeScore360 charges $39.95 per month for its credit monitoring services, which is one of the most expensive rates in the industry. Consumers will find more affordable options with similar coverage levels with other top credit monitoring companies.
Undisclosed Scoring Model
Unfortunately, FreeScore360 has not disclosed which scoring model it uses to report its customers’ credit scores. Most lenders use the FICO model to determine creditworthiness, so it makes sense that consumers would want their credit monitoring company to use that model as well. However, many other companies in the industry use the VantageScore model, which can result in customers believing they have a different credit score than the one that potential lenders will actually see.
Monthly Refresh Rate
FreeScore360 only refreshes credit scores and reports once per month. This is frustrating because rather than being able to view their credit information in real time, customers will have to wait several days for their reports to refresh. Many other credit monitoring companies offer weekly or even daily refreshes.
Lack of Mobile App
It appears that FreeScore360 does not provide a mobile app for its customers to access their credit information on the go.
FreeScore360 charges $39.95 per month for its services.
The company offers a 14-day free trial.
Scores and Reports Provided
FreeScore360 offers credit reports and scores from all three major bureaus—Equifax, Experian, and TransUnion.
Members have access to a dispute center and can call and speak to a customer service representative or go online to dispute errors on their account.
FreeScore360 offers continuous credit monitoring.
Credit Score and Report Refreshes
Credit scores and reports are refreshed on a monthly basis.
FreeScore360’s website is partnered with VeriSign and is McAfee Secure to protect against the loss, misuse, or alteration of information collected from customers. The company uses SSL-encryption technology when transferring and receiving consumer data on affiliate websites to protect personal information. The servers that store personally identifiable information on are kept in a secure environment.
Identity Theft Protection
FreeScore360 offers up to $1 million in identity theft insurance, which helps to cover lost wages, travel expenses, elder or child care, and legal consultations in the event of identity theft.
The company sends alerts of suspicious activity to the customer’s online account.
Time in Business
FreeScore360 was founded in 2010.
1-800-972-7204 (Monday through Friday 8AM to 8PM CST, Saturday 8AM to 5PM CST, Sunday 12PM to 6PM CST)
4447 North Central Expressway,
Suite 110 PMB 406 Dallas, Texas 75205