MyScore.com
Is This Your Business?1.1
3.4
Overall Score
Author: Kaitlyn Short
MyScore.com strives 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 works to educate its members about today's complex credit industry and empowers them to make smarter financial decisions.
MyScore.com gives members access to credit scores from all three major credit bureaus (Experian, Equifax, and TransUnion). The credit monitoring company also provides tri-bureau credit alerts, 24/7 monitoring, credit fraud consultation service, and more.
Those interested should note that the company does, however, charge slightly higher monthly fees than many other companies in the industry.
Keep reading to learn more about what MyScore.com has to offer.
Top Ranked Companies
The Good
- Free Trial
- Three-Bureau Reporting
- Daily Refresh Rate
- My-Rewards Program
- Online Credit Learning Center
Free Trial
MyScore.com offers consumers a free seven-day trial of its credit monitoring services. During this trial period, members can take advantage of tri-bureau credit reports, email alerts, a credit fraud consultation, 24/7 roadside assistance, and the MyRewards program.
Three-Bureau Reporting
Unlike some other companies in the credit monitoring industry, MyScore.com gives members access to credit scores and reports from all three major bureaus (Equifax, Experian, and TransUnion). Because of this, customers can get a comprehensive look at their credit scores.
Daily Refresh Rate
While many other companies offer weekly or monthly refreshes, MyScore.com refreshes credit scores and reports on a daily basis, so customers can get an accurate look at their credit in real-time.
My-Rewards Program
MyScore.com offers a fairly unique rewards program for members called My-Rewards. The My-Rewards program is designed to help members obtain savings on various products and services. Some benefits that members can get from this program include roadside assistance, travel and hotel discounts, and more.
Online Credit Learning Center
MyScore.com gives all website visitors access to its online credit learning center. This page provides consumers with several pieces of helpful credit information.
The topics covered on this page include credit scores, credit reports, credit protection, and credit management. Consumers can use the information on this page to improve their current credit situations and future credit decision-making.
The Bad
- Undisclosed Scoring Model
- Higher-Than-Average Price
- Information Sharing
Undisclosed Scoring Model
It is unclear which scoring model MyScore.com uses to report its customers' credit scores. Most lenders use the FICO scoring model to determine a borrower's creditworthiness, but some credit monitoring companies only report VantageScores, meaning that the score the customer thinks they have is different than the score that lenders are looking at.
The lack of transparency in this area can be frustrating for potential customers who would like to be sure that they'll receive a FICO score rather than a VantageScore.
Higher-Than-Average Price
After the trial period, MyScore.com charges $39.90 per month for its credit monitoring services, which is relatively expensive when compared to the price charged by several other top credit monitoring companies.
Information Sharing
According to MyScore.com's privacy policy, the company reserves the right to sell and trade its users' personal information. In addition, there is no way to opt-out of this.
The Bottom Line
MyScore.com offers a free trial, three-bureau credit reporting, daily refreshes, as well as helpful services like credit fraud consultations and a rewards program. The company also provides a useful online credit learning center.
Unfortunately, the company has not disclosed which scoring model it uses and its price is higher than what most companies charge for paid credit monitoring services. Additionally, the company may share personal information with third parties.
If you are looking for a credit monitoring service that offers three-bureau credit data as well as additional services, MyScore.com may be the right fit for you. However, if you are searching for a more budget-friendly service, you may want to continue your search. We recommend that you conduct thorough research and read several customer reviews before you sign up for any credit monitoring service.
