How To Find Your Credit Score – 4 Really Easy Strategies For Beginners

how to find your credit score

How to Find Your Credit Score

Ok, so you’ve been hearing all about the importance of having a good credit, but you don’t know how to find your credit score.

A good credit score makes buying a home or a vehicle, applying for a loan or starting a business so much easier.

how to find your credit score

However, even if you’re pretty sure you have a good credit score, there may have been a few financial mishaps in your past that have slipped your mind.

Or, if you think your credit score is low, knowing the exact number can help you set a goal for building credit before making big purchases.

But where do you find this exact number?

Unfortunately, you can’t just log on to your online banking and look it up in a few seconds.

It’s a bit of a process. But luckily, you have a few easy options.

Take a look at this article to learn how to find your credit score.

Option #1: FICO Score

FICO stands for Fair Isaac Corporation. It is considered the gold standard of credit scores, as it is used by most lenders who offer instant approval.

All you have to do is visit myfico.com and you can purchase your credit score.

Word option with arrows pointing to numbers

However, there is a slight catch with this sight. Instead of paying a one-time fee, you sign-up to track your credit score and pay monthly or yearly.

So, if you just want the one time score, be sure to cancel within the 10-day free trial period.

Option #2: Contact Credit Bureau

There are three major credit bureaus in the U.S.: Transunion, Equifax, and Experian. 

You can purchase your credit score directly from any of these.

You will need to have your personal information handy, as they will ask you questions that only you can answer.

If there is an error on your credit report, it can significantly affect your credit score, so best cure to report it immediately.

Also, it’s important to be aware that all three bureaus offer 3-in-1 reports. Therefore, you get copies of your credit score and reports from all three bureaus with just one purchase.

Option #3: Credit Monitoring Services

Another option when determining how to find your credit score is to turn to a credit monitoring service.

These services allow you to track your credit score on a monthly basis. You pay a fee month-to-month and this fee also includes finding out your initial credit score.

how to find your credit score

This service can be extremely helpful if you have been a victim of identity theft or if you need to closely monitor your score for an upcoming purchase or loan.

You can monitor your credit through fido.com or one of the three bureaus.

If you are concerned about someone stealing your identity or tampering with your credit score, you can also purchase insurance through these companies.

Option #4: Find A Credit Card That Offers Free Credit Scores

If you don’t have a credit card that offers you a free credit score, well now might be the time to start searching for one.  There are several cards available now that do just that.

Discover offers a free FICO credit score from your TransUnion credit report. They provide the score on your monthly statement and it can be found online as well.

Citi provides select cards that offer your FICO score based on credit data reported to Equifax.  They do a great job of explaining why your credit score might be different than other sources and they also provide a user friendly chart that explains your credit score data.

Capital One has a non-FICO product named CreditWise.  The score is based on TransUnion VantageScore 3.0 scoring methodology.   The service offers three different tools to help you manage your credit score.  Grade Overview, Credit Alerts and Credit Simulator all available online or via mobile app through CreditWise.  The app is free to sign up for even if you are not a credit card customer.

How to Find Your Credit Score: Wrap Up

As you can see, finding your credit score isn’t a one-click process, but it is fairly simple.

If your score isn’t what you’d hoped for, don’t worry. There are plenty of ways you can improve your credit score. 

And of course, drop us a comment below if you have any questions.

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8 Comments

  1. Great article, Patrick.

    I have always wondered how to check your credit score. I guess I haven’t really worried about it too much because I have good, established credit. It would be interesting to know what the exact number is, though.

    One thing I’ve heard is that it’s not good to apply for credit too often, because too many credit checks are considered a bad thing by lenders. Is this true?

    • Andy – Great news that you have good established credit, but it would be a good idea to know your credit score. This way you will know what your up against if you apply for a loan to make a large purchase like a home are new car.

      You can use this article to find out your score or there are other websites like Credit Karma http://bit.ly/SYX8Es  and Credit Sesame http://bit.ly/1qzj9ut that will provide it to you for free.  You have to sign up, but they offer other great tools to manage your credit.

      Also, many credit card companies are offering a free credit score when you open an account with them.  You might check out one of the cards you use now to see if they offer it or plan to offer it in the future.

      In addition, if you use Quicken http://bit.ly/2ezmjtS for budgeting and financial planning they offer a free credit score as well.

      It does hurt your credit score when there are a bunch of credit inquires on you credit report. Lenders don’t like to see this and may not approve a loan for you if there appear to be too many.  So, try to keep them to a minimum.

      Hope this helped out.

      Credit Squared

  2. Hey there

    Thanks for taking the time to give people tips and great information on how to check their Credit score!

    I have good credit and always have but it would be great to be able to recommend this to a friend or family member who need to check theirs!

    Thanks again for the information

    Regards
    Hailey

    • Hailey – Thanks for commenting.  Glad you enjoyed the post.  Even better that you have good credit. 

      It’s always a good idea to know how to find you credit score even if you have good credit.

      Besides the sources recommended in the post, there are other good places to find your credit score for free like Nerd Wallet https://nerd.me/2uWBwvE or Quizzle http://bit.ly/2sZcTgj.

      Please do share this site with your friends and family, as there is a lot of great content here with more on the way.

      Thanks,

      Patrick

  3. Patrick. it seems like there should be a segment of business called the Credit Score Industry. I am constantly getting offers.

    While I accept some, I do cancel withing 10 days. You are absolutely right on that. You would think that something so crucial to your lifestyle and peace of mind would be more readily available.

    Credit card companies offer this, as well as the big three FICO outfits. Often, the scores are different. Then there is the “enhanced” score.

    What’s someone to do? You give us the answers. Well done.

    • Warren – I think you are right.  At least a sub-segment of the industry.  You’re smart cancelling within 10 days as there are more places to go now days to get your credit score.

      We are so inundated with maintaining a good credit score, but can’t find it easily. When we do we can’t figure out what’s impacting it.

      There are some credit card programs that are now offering scores that show up on your statement or you can find online when you logon on to your account.  But these are exclusive to only a few cards.

      As I mentioned in the post, some financial institutions like Capital One are offering free apps with a free VantageScore. Along with some other nice tools to help you manage your credit.

      Vantage isn’t the same as FICO. Most lenders still rely on FICO to qualify you for credit when you apply. But at least it gives you a good idea where you stand and its free.

      Thanks for commenting on the post.

      Patrick

      Credit Squared

  4. Identify theft is certainly no joke. It is unbelievable what some people will do to steal what isn’t there’s. I honestly cannot fathom how they even sleep at night. That being said, what was your experience specifically with FICO? Can you back out at any time, is their service solid? Thanks for the read

    • Yes it certainly seems unbelievable, but there will always people out there that love the challenge of ripping others off.

      FICO gives you 10 days to back out.  After that they will charge your credit card for the next monthly service. 

      There are three different product levels with FICO Ultimate 3B as the best.

      With Ultimate 3B you get access to your 3-bureau credit report and FICO scores, monitoring of all three agencies, identity theft monitoring and $1 million in identity theft insurance.

      Thanks,

      Credit Squared

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