Free Credit Report Gov ≠ Free Credit Score

Your credit SCORE is what lenders, creditors, and banks will use to gauge your creditworthiness. NOT your credit report. Whether you’ll obtain that loan you applied for or what loan interest rates you’ll receive all hinges on your credit SCORE. Your credit reports only acts as the raw data that’s used to calculate your scores. Unfortunately your credit scores aren’t included in your annual credit report (i.e. free govt credit report). To see your scores, you have to purchase them individually from the 3 credit bureaus. But these services below will obtain your scores for FREE!

Offer Name: Our Rating:
Credit Scores: Bureaus Monitored: Trial Period: Benefits:

See Offer
TransUnion
Equifax
Experian
TransUnion
Equifax
Experian
7-day Free Credit Scores from All 3 Bureaus. 3 Bureau Credit Monitoring

See Offer
Credit Score TransUnion
Equifax
Experian
7-day Free Credit Score.
3 Bureau Credit Monitoring.

See Offer
TransUnion TransUnion
Equifax
Experian
7-day Free Credit Score From TransUnion.
3 Bureau Credit Monitoring.

THIS NOTICE IS REQUIRED BY LAW. Read more at FTC.GOV. You have the right to a free credit report from AnnualCreditReport.com or 8773228228, the ONLY authorized source under federal law

How We Rate These Services

Key Factor #1. Number of Free Credit Scores You’ll Receive – Simply put, you ideally want to view your scores from all 3 major credit agencies. This gives you the most comprehensive view of your credit status. Also, you’ll find that your scores from one credit bureau is different from the others. Therefore any service or offer which helps you to see all 3 scores will rank high.

Key Factor #2. Number of Credit Bureau Files Monitored – This is also an important factor in seeing which service is good. You want the best and most comprehensive credit monitoring and identity theft protection service for maximum protection.

Key Factor #3. Other Benefits & Features – This one is somewhat subjective. All usually have decent customer service such as a toll-free hotline where you can ask questions and receive assitance, learning resources, advise and/or assistance if you ever become a victim of credit fraud, etc. Depending on who you ask, one service is better than the other.

About Credit Scores

Credit scores are used by different financial institutions, lenders, and creditors. Credit scores reflect your creditworthiness. It is used to determine if you will be approved for a loan request. It also determines your loan interest rates. If you have a bad credit score, the higher interest rate would usually mean that you’ll end up paying higher monthly payments for the same loan amount, compared to someone who has an excellent credit score. The data from your credit report is used to figure out your scores using particular algorithmic equations.

About Free Credit Reports

Credit reports on the other hand records loan payment obligations of your various credit or loan accounts. Accounts listed usually include mortgage loans, credit card balances, auto loan accounts, and personal loans, but they are not limited to these. Any loan obligations are usually reported by the creditors to one or all of the 3 credit bureaus – TransUnion, Equifax, and Experian. They do offer your credit report for free once an year. This is what’s often called ‘free government credit report’ or annual credit report. Each of these credit agencies will also provide you with a credit score but you’ll have to pay for them.

Why Should You Check All 3 Credit Reports & Scores

As mentioned earlier, lenders usually report your loan obligations to the 3 major credit bureaus – Equifax, TransUnion, and Experian. Lenders do not always report your loan obligations to all 3 bureaus. Some lenders may only report to one credit bureau. This is why it’s important to check all 3 credit reports and scores since there will be slight discrepancies among the three.

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