Credit Report

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Credit Report

Postby VINNY » Tue Oct 12, 2010 11:20 pm

Can I get my credit score for free ? If so, how do I go about getting it. I'm aware I can get a free credit report once per year I believe, but those don't provide a score. Thanks
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Credit Score

Postby tomd37 » Tue Oct 12, 2010 11:36 pm

A credit score is not available free of charge. Most of the time it costs about $15, but sometimes you will see small discounts offered.
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Postby EmergDoc » Tue Oct 12, 2010 11:37 pm

Not without signing up for a service.

I paid $8 for mine before I bought a house. That's probably worth it for those times when you actually care what your score is. There can't be more than a half dozen of those times in a typical Boglehead's life.
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Postby bryanv » Tue Oct 12, 2010 11:40 pm

Credit Karma will give you your Transunion score.
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Postby VINNY » Wed Oct 13, 2010 12:27 am

Thanks for the responses, I signed up with Credit Karma, very impressed with it.
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Postby Revision17 » Wed Oct 13, 2010 12:56 am

Every quarter my CU, Alliant, gives me my experian credit score.
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Postby Grandpaboys » Wed Oct 13, 2010 9:39 am

I am wary of Credit Karma. Do not know enough about it to just jump in and use it. Any advise out there?
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Postby infecto » Wed Oct 13, 2010 10:10 am

Grandpaboys wrote:I am wary of Credit Karma. Do not know enough about it to just jump in and use it. Any advise out there?


I have been signed up for a while with it. Never had any issues. Do not really use it that much because unless buying a house the score does little for me.

Best case scenario I can see it being useful to people who have trashed their credit score and are trying to get back on track. Once you cross into the top percentile though there is little care for it.
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Postby Gary » Wed Oct 13, 2010 10:21 am

Although credit scores are not free, you can get a free credit report from http://www.annualcreditreport.com with absolutely no strings attached.

--Gary
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Postby VINNY » Wed Oct 13, 2010 12:22 pm

Grandpaboys wrote:I am wary of Credit Karma. Do not know enough about it to just jump in and use it. Any advise out there?


Before I jumped in, I googled them and saw many favorable reviews.
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Postby re@51.5 » Thu Oct 14, 2010 12:24 am

The ONLY palce you can get your REAL FICO score is at myFICO.com, anyplace else is a fake score called FAKO.

myFICO.com is owned by the people that invented the FICO score, they are the Fair Isaac Corporation.

See this myFICO.com post => Fico, Fako and reporting agencies.

Any scores purchased from TU or EX or any of their products like freecreditreport.com, creditchecktotal, creditexpert, triple advantage, true credit, etc. are all FAKO scores. Any 3-in-1 report and scores from EQ are FAKO scores.

Credit Karama is also a FAKO.

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Postby VINNY » Thu Oct 14, 2010 12:47 am

re@51.5 wrote:The ONLY palce you can get your REAL FICO score is at myFICO.com, anyplace else is a fake score called FAKO.

myFICO.com is owned by the people that invented the FICO score, they are the Fair Isaac Corporation.

See this myFICO.com post => Fico, Fako and reporting agencies.

Any scores purchased from TU or EX or any of their products like freecreditreport.com, creditchecktotal, creditexpert, triple advantage, true credit, etc. are all FAKO scores. Any 3-in-1 report and scores from EQ are FAKO scores.

Credit Karama is also a FAKO.

Mike


From the Wiki....
Credit Karma’s Credit Scores
Credit Karma provides users with a proprietary credit score generated from TransUnion’s TransRisk score model, which is used by dozens of credit monitoring sites. Credit Karma’s score model ranges from 300 to 850, which is the same scale as the FICO Score, the credit score most often used by lenders. Credit Karma’s score typically differs from the FICO score by a few points
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Postby re@51.5 » Thu Oct 14, 2010 1:23 am

VINNY wrote:Credit Karma’s score typically differs from the FICO score by a few points

Really...

my Credit Karma FAKO score is 774.

myFICO score is 809.

So, go ahead and believe a FREE credit score is a real FICO score.

Good Luck,
Mike
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Postby CABob » Thu Oct 14, 2010 1:13 pm

Gary wrote:Although credit scores are not free, you can get a free credit report from http://www.annualcreditreport.com with absolutely no strings attached.
When you get a free credit report you may be offered a credit score for about $8 which is about half of the usual cost. I didn't have a particular need for my score, but, did get one out of curiosity the last time I got my credt report.
Bob
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Postby infecto » Thu Oct 14, 2010 2:07 pm

re@51.5 wrote:
VINNY wrote:Credit Karma’s score typically differs from the FICO score by a few points

Really...

my Credit Karma FAKO score is 774.

myFICO score is 809.

So, go ahead and believe a FREE credit score is a real FICO score.

Good Luck,
Mike



We all know its FAKO and based off of Transunion. For a free service its does a pretty decent ballpark estimate.
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