Tips & Tricks

Save money and stress with FREE credit reports

Save your stress for what to spend your money on instead of wondering when you can get your annual free credit report. I ran into a couple websites that give you your free credit score and advice and figured everyone was doing the same. In an article in ShopSmart’s May 2012 issue they mentioned the aggravation of only one free report a year… Well I’d like to share some very valuable information with everyone then.

Start saving with these two websites!

(NO CREDIT CARD REQUIRED!)

1. Credit Karma

credit karma

my credit karma report

need proof? Here’s my screenshot.                             [The white boxes are to protect my personal information.]

You just need to register. Pay nothing, and have your credit information available to you whenever you need it. With their free service you get:

  • 3 Credit Scores – Available Every Day!
  • Credit Report Card
  • Daily Credit Monitoring
  • Email Alerts
  • Automatic Credit Analysis
  • Credit Score Simulator
  • Credit Account Manager

I am not signed up for the daily emails, but their site is more than I could have ever asked for. As far as accuracy is concerned, I cannot say… But for what I need it for, an approximate number is better than nothing.

A number your free annual report doesn’t even give you! Check out the petition I found in ShopSmart’s article I mentioned above, to let the credit card bureau know our needs in an official credit report available more than once a year and with an actual credit score number!

2. Credit Sesame

show financial responsibility

Proof of my free credit report at Credit Sesame

Since I was here last, there are quite a bit of improvements. I signed up for this service intially and they seem to be active in the competition for top dog free site. Their services include:

Check out their video HOW IT WORKS:
Comparing the information I obtained today side by side I found that my actual score number was different on the two websites. The actual number was closest to Credit Karma’s report to the best of my knowledge. Try it for yourself and see.

What does the government have to say about these services?

They seem clueless as well about the two I mentioned above.

A Warning About “Imposter” Websites (from the “offical free credit report website”)

Only one website is authorized to fill orders for the free annual credit report you are entitled to under law — annualcreditreport.com. Other websites that claim to offer “free credit reports,” “free credit scores,” or “free credit monitoring” are not part of the legally mandated free annual credit report program. In some cases, the “free” product comes with strings attached. For example, some sites sign you up for a supposedly “free” service that converts to one you have to pay for after a trial period. If you don’t cancel during the trial period, you may be unwittingly agreeing to let the company start charging fees to your credit card.

Some “imposter” sites use terms like “free report” in their names; others have URLs that purposely misspell annualcreditreport.com in the hope that you will mistype the name of the official site. Some of these “imposter” sites direct you to other sites that try to sell you something or collect your personal information.

Annualcreditreport.com and the nationwide consumer reporting companies will not send you an email asking for your personal information. If you get an email, see a pop-up ad, or get a phone call from someone claiming to be from annualcreditreport.com or any of the three nationwide consumer reporting companies, do not reply or click on any link in the message. It’s probably a scam. Forward any such email to the FTC at spam@uce.gov.

The only possible downside to sites such as Credit Karma is disclosure of your personal information. There site is secure, but many people are unaware of how private their personal information really is online. Other than that, it seems almost too good to be true. Comment please and let us know what you think!

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  1. Pingback: New offer to use when you sign-up at Credit Karma | HOT $ dollar

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