Credit Checks

[604dragon]

So ive been looking into checking my own credit score to see how its been doing and I know most people deal with transunion or equifax when it comes to doing self credit checks but they do charge a monthly fee so im looking for a free alternative. I recently came to find this website called credit karma from a friends post on facebook and was wondering if anyone else has used it before? Apparently you can check your credit score for free. They use Secure Connection and use 128-bit encryption to protect the transmission of your data to their site. Also stated on their website is that they dont don’t sell or rent your personal information to third parties for their marketing lists. Any opinions would be great especially if youve used it or know of something better!

[Selanne_200]

Well for starters, you are not obligated to enrol in the monthly monitoring program. You can always obtain your credit score/report for a one time fee. I have not used credit karma but should you want to, you are also entitled to obtain your credit report for free once a year by writing to equifax or transunion. Keep in mind tho, that your credit report will most likely contain only items on your credit report but not your actual credit score.

[Jmac]

Check out reviews online. Lots of negative, few positive.

[Hondaracer]

Pay the $30 or whatever equifax is and be done with it. Why even consider a "free" alternative?

[mr_chin]

A equifax account will only tell you your credit score (with equifax only) and the debts you currently have. It's a waste of money after the first month imo. It's really for monitoring your credit and getting alerts if there is anything fishy going on.

What's the reason you want to see your credit report and score?

[donk.]

Get your bank to check it for you...... they do it for free as long as you say your thinking about buying a house or a car.

PS. Nothing none of those online checks are "free" theres always a catch.

[DaFonz]

Creditkarma
Borrowell
mogo

Recognize that there's no such thing as a single credit score. The numbers that equifax or transunion give you are going to be different from what your bank has. It's because there are several fico models in use and the weightings of the components vary depending on the institution