Consumers looking for a good deal might be tempted to take unknown companies up on their offer of providing credit scores for free. But those promises can often be too good to be true. Just ask consumers bilked out of millions of dollars after falling for once such “deal”.
All Americans are, as Consumerist is happy to remind you, entitled to access their own annual credit reports for free. But those reports are just that: reports. They don’t come with credit scores on them. For those, you still have to pay. Unless, that is, you happen to have a Discover card–and maybe, someday, other major credit cards, too. [More]
Just saw a (horribly produced) ad last night for freetriplescore.com, the latest in a long string piece of crap “free” credit score sites. As Chris Walters noted when he wrote about it, for the most part it’s a ripoff. But maybe there’s a way to pull a fast one of you own and get a free credit score…
The CreditKarma.com site we told you about in our roundup of “5 No BS Ways To Get A Credit Score For Free” has changed its calibration system so the free, advertising-supported, credit score it gives you is now on the 300-850 range, just like your FICO score. It’s still not your FICO score, but it does make the approximation, based on TransUnion data, more relevant. If you’re do some major money moves, like getting a mortgage, you would still want to pay for the FICO score for total accuracy, but if you just want a general sense of how you’re doing, CreditKarma.com is a great way to do it for free.