- Centurion Member
- Posts: 725
- Joined: Mon Oct 01, 2012 11:09 pm
- Location: NJ
So I looked all over for a review for Experian's offering after reading many bad things about MyFico's score watch. I finally broke down an took the Trial for $4.95, figuring I could cancel before the end of my first month and not be stuck with paying extra. I just wanted to share a few of my thoughts on it.
I really only needed the Experian tracker as Credit Karma gives me the other two. I was mostly looking for a updated report so I could keep track of a few baddies I was working on getting rid of.
Experian lets you update once a day. It updates both your report and your FICO 8 score. Everything else it offers is very similar to CK. It shows each account and will give you more details on each if needed.
It lists the top 3 things helping your score and hurting your score. This has limited value, we all know a late payment is hurting your score but there isn't much you can do about it. I would prefer to have better advice on things you can actually do. My 3 are a 28month old late, High Util (38% instead of <30%), and young AoAA. There is no explanation as to how much it hurts my score or what you can do to manage these negative influence.
There are also a few custom alerts that you can set mainly changes to your report and your score. It does not show soft pulls, which I really wish it did.
The Planning section lets you see what should happen if you do a variety of different things. It always shows a change to your score, but doesn't explain why. Still it is nice to see that my score won't change if I open a new account as long as it has a $5000 limit. You can see some negative things too, like what happens when I miss a payment (FYI scary shit happens).
There are the general credit card offers that are "directed" at you. But they are all in their own tab.
FICO 8 score
No Soft Pull data
Limited info on score factors
Crappy suggestions for credit cards
Ad to buy all 3 reports every time you log in.
If anyone has questions I'd be happy to answer. I can upload some screenshots this weekend if requested.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k