How To Check Your Credit Score In 2 Minutes – For Free
Checking your credit score has become very easy and quite safe. For example, you can check your latest credit score for free in less two minutes on WalletHub and get daily updates, with alerts to tell you when anything important changes. You just have to quickly confirm your identity (we don’t want your neighbors snooping on your finances, after all), and you’ll be on the road to top WalletFitness.
WalletHub isn’t the only place you can get your credit score; it’s just the best, in our humble (and biased) opinion. Below, you can find a quick comparison of some of the most popular alternatives that anyone can sign up for. Some banks and credit unions offer free credit scores to their customers, too.
Where To Check Your Credit Score
|Site / App||Cost||Scores Updated…||Average User Rating||Free Credit Report?||24/7 Credit Monitoring|
|Credit Sesame||Free||Monthly||4.6 Stars||No||Yes|
|Capital One||Free||Monthly||4.5 Stars||No||Yes|
|Credit Karma||Free||Weekly||4.5 Stars||Yes||Yes|
|Mint||Free||Every 3 Months||4.3 Stars||No||Yes|
|Quizzle||Free||Every 3 Months||4.3 Stars||Yes||No|
Note: Some providers with paid services offer free trials. For simplicity, we did not list that information in the table above.
For more information about these credit-score providers as well as a complete list of places where you can get your credit score, check out our detailed comparison of the best credit score sites.
And remember: Paying attention to your credit standing is important, considering that virtually everyone has room for improvement, which could be worth thousands of dollars per year. Yet tending to your score doesn’t have to cost you a dime, nor much time. So check out our handy Credit Improvement Tips to get started.
Benefits of Checking Your Credit Score
It’s always good to brush up on the benefits of checking your credit score. Because while some of the reasons might indeed be rather intuitive, some will probably surprise you.
- It gives you a pretty good sense of what shape your finances are in.
- It can help you determine the loan and credit card terms that you stand to be approved for as well as what improvements you can make in order to get the best possible deal.
- It makes comparing financial products easier, since most offers denote the particular credit score or credit classification (e.g. Excellent, Good, Bad) needed to get them.
- It can be used as a litmus test for how closely you need to be reviewing your credit reports. A score that is much lower than you’d expect is an obvious red flag.
- It can warn you about potential fraud.
Which Credit Score Should You Check?
Most people don’t know it, but we each have lots of different credit scores. Some estimates even peg the figure at 1,000+. But the truth is it doesn’t really matter which one you check, as long as it’s free and from a reputable source.
There are a couple of important reasons for that. For starters, different credit scores tend to reach pretty similar results. In fact, the Consumer Financial Protection Bureau found a 90% correlation among a selection of the most common credit-score models. In addition, it’s often impossible to determine the exact type of credit score a given lender will use, particularly since many lenders use their own customized scores that are developed in-house. So if you can’t get the particular type of credit score your lender of choice will use to evaluate your application, there’s really no reason to be picky.
You can learn more about all of this in our article on why there is no “real” credit score. And for what it’s worth, WalletHub’s free credit scores are based on the VantageScore 3.0 model, which is one of the most popular types among lenders and is considered by some to be the most predictive credit score available.
Image: Jane_Kelly / iStock.