How to Check Your Credit Score Online
A lot of people don’t have any idea what their credit score is, and that's a problem because your credit score affects many areas of your life. You know it impacts your ability to buy a home or a car, but did you know that insurance companies and landlords also check your credit?
Knowing your score is an important step in managing your credit and improving your finances. You can get your credit score in several ways, including these easy methods for checking your credit score online.
Get Your Annual Credit Report Online
Everyone is entitled to one free credit report per year from each of the three credit bureaus. Because they usually have most of the same information, that means you can actually check your credit three times a year. Simply go to AnnualCreditReport.com to request your report from one — or all three — of the bureaus. This is the only site for requesting your free annual report. Don’t fall for websites that want to charge you a fee or possibly even steal your information.
These reports may not include your credit score for free, but you can look for errors on your report and request corrrections. This can improve your credit score very quickly.
Log in to Credit Karma
One of the biggest names in free credit score tracking is Credit Karma. You enter your information and verify your identity, and Credit Karma lets you see your score. This option is different than requesting a full credit report. You see your numerical score, plus other detailed report information on this website. If you're planning to apply for credit, the site Karma provides very valuable information about your credit standing.
Besides free credit score lookup, Credit Karma also offers a credit score simulator that lets you see score predictions based on specific changes — opening a new credit card, lowering your balances etc. — that you're considering. This allows you to take your potential score into account when making financial decisions.
Try Credit Sesame
Another service that’s similar to Credit Karma is Credit Sesame. This service gives you a free credit score from TransUnion — known as a VantageScore, not FICO. Credit Sesame also gives you tips based on your financial profile that can help you lower payments, reduce interest and pay fewer fees. Be sure you evaluate the suggestions carefully because the site makes money from its recommendations.
Your Business Credit Score
Have you ever wondered how to check your business credit? All kinds of business activities require credit. It's helpful to know your SBA loan credit score before attempting to get a loan from a bank. If you're a solo entrepreneur, your business credit might be the same as your personal credit. In that case, you can just follow the other tips on how to obtain a credit score free.
If your business has separate credit, you can find your business credit score for free on CreditSignal or Nav. Other services may offer one free report but eventually require you to pay. Keep in mind that business credit scores only range between 0 and 100.
Get Your Credit Score Today
Unless you have all the cash you'll ever need, credit has a major impact on your life. Everything from car loans to rental decisions is based on credit. Now that you know how to obtain a credit score free, use these resources to keep your financial future on track.