Which credit score website is the best?

**bisbicos** · Dec 1, 11, 3:14 pm

Which credit monitoring websites do you use? Which is the best one for quality, price, and reliability?

**ooxs** · Dec 1, 11, 6:04 pm

I use MyFico score watch and pay yearly 149.00 saving about 30 dollars savings. While you can find something cheaper, sometimes cheaper isn't always better (vice versa). Overall i am very happy with them, after every renewal i get 2 free Score Power reports, giving me a complete breakdown of my Equifax Score & report.

Try searching for online coupons, sometimes they offer 10,20 & 25% off coupons that you might be able to use, if you sign-up.

**bisbicos** · Dec 1, 11, 6:44 pm

Does it offer all 3 scores?

**sdoonan** · Dec 1, 11, 9:35 pm

I personally use Citi IdentityMonitor. Regularly 12.95/month, gives a breakdown of your credit report and provides all 3 FICO scores.

**CreditCardGuru** · Dec 1, 11, 10:22 pm

Be careful as the vast majority of websites use either PLUS Scores (which run on a 330 to 830 scale) or VantageScores (which run on a 501 to 990). MyFICO.com is one of only two sites which sell FICO directly to consumers, according to Fair Issac's website.

-CCG

**jeffysdad** · Dec 2, 11, 9:54 am

Unless you are planning to apply for a mortgage, business loan, etc. or are a recent victim of identity theft, I personally see no reason to waste your money on credit score reports/credit monitoring.

You can have the reporting agencies lock down your report for free so no new accounts can be opened without your consent. There also are free services you can use to get a ballpark idea of what your CS is doing.

I happen to have credit monitoring via my AAA membership. Every month they send me an email telling me if there were any changes in my credit report. It does not report score, however.

I've said elsewhere on this forum that the banks, credit card monitoring firms, etc. have gone out of their way to create credit score hysteria among the general public so they can then sell you data that should be yours for free. BTW, you can get your credit report from each of the reporting agencies for free.

I hate seeing people waste money on this stuff. Sorry if I've offended anyone.

**ooxs** · Dec 3, 11, 7:39 pm

I disagree and highly recommend this option if you can afford it. You have the ability to see what is hurting your credit/score and score progression as you take steps fixing your credit. Additionally, you get instantaneous alerts on your account if something positive or negative is posted, which you can address immediately before it is too late.

Recently an account was updated as 60 days late on my reports dropping my score over 50 points. This was due to an error because the bank was transitioning to a new payment system and dropped my scheduled payments. Because i was notified in a timely manner while i still had proof to show that payment was indeed made on time, the record was easily deleted and updated to reflect the correct information.

**jumbo** · Dec 3, 11, 8:03 pm

after reading this thread, I signed up on myFico to check my credit report/score.. and after I signed up, I could see equifax report on my trial period and had to buy other reports... The report and score I saw on this report is way less than I knew I had...

Last I used discover cc credit score tracker and according to that my score was somewhere 720ish and on the report I am seeing on myFico its 636, which is way less... In the mean time I applied for two credit cards and was accepted.. but on the credit report I am seeing from myFico, I just see hard inquiry from on of the credit cards I applied..

Can anyone enlighten why my score was dropped so much... or is the score from discover not accurate or something..!

**jeffysdad** · Dec 3, 11, 8:23 pm

OOXS, I get what you're saying. However, in your case the problem with the misreport to the bureau probably would have been corrected by the CC company on its own. If you're rebuilding credit, I can see how close monitoring of one's CC score would be desirable. I just don't think it's something that's worth paying for under most circumstances.

**jeffysdad** · Dec 3, 11, 8:26 pm

Jumbo, the problem with all of these services that will give you your credit "score," is that they all use a different formula for calculating it. In the end, the only credit score that really matters is the one that your prospective lender is looking at.

I look at my CC score on a popular website that makes it's version of the score available for free. However, when I applied for a mortgage recently the bank reported back that the scores it got for me were considerably higher than what the free service was telling me.

There are multiple (three) credit tracking entities and they have multiple products. That's why there is so much discrepancy among "scores."

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