Credit Karma provides “truly” free credit scores with no sneaky trial subscriptions or up sells. Credit Karma is 100% free with no credit card required or even asked for. You can update your credit score every month to see how you are progressing.
Get access to credit simulators, free credit scores, credit advice, and credit score comparisons. Plus resources to help you save money each month and pay off your credit card debt faster.
You can see how your credit scores compare to the national average scores. You can also see how lenders view your credit scores – poor, fair, good, or excellent.
You also get an overall credit report card with an A to F scale with areas to focus on so you can improve your scores. The free credit report card provides details on your open credit card utilization, the percent of on time payments, the average age of open credit lines, total accounts, hard credit inquiries, total debt, and debt to income ratios.
Pros of Credit Karma:
Totally free credit scores with no catches and no credit card required.
Free credit tools to analyze your credit.
Resources to help you save money on auto insurance, credit cards, banking, and auto refiance offers and pay off your debts faster.
Does not lower your credit scores.
Cons of Credit Karma:
Credit report and score data only from Transunion credit reporting agency.
No identity theft insurance.
MyFICO provides your free FICO credit score – the one 90% of the largest banks and lenders use.
Knowing your FICO score can help you understand why you are denied for a mortgage loan, car loan, or credit card offer.
90% of the largest banks use your FICO score for credit decisions so it makes sense to know what your lenders are looking at.
A 100 point difference in your FICO score could mean over $40,000 extra in interest payments over the life of a 30 year mortgage on a $300,000 home loan.
Get a full explanation of your FICO score and how lenders view you.
Pros of MyFICO free FICO credit score:
A full explanation of your FICO score and how lenders view you.
Access to the score 90% of the largest banks use for credit decisions.
Daily monitoring of your Equifax credit report and your FICO score on a weekly basis.
Notifies you when you reach your target FICO score or when you might qualify for a better interest rate
Alerts you when unexpected changes to your credit report cause your FICO score to drop
Provides two Equifax Score Power reports each year
Cons of MyFICO free FICO credit score:
After 10 day free trial, requires $12.95 monthly fee.
Identity Guard offers unlimited access to all 3 major credit reporting agency credit scores. You get a detailed analysis showing what is affecting your scores with data from Experian, Equifax, and Transunion.
You also get email alerts when your credit reports change with data that affects you.
You also get $1,000,000 in identity theft insurance with no deductible.
Identity Guard is one of the top rated credit score monitoring services online.
Pros of Identity Guard:
Provides unlimited access to all 3 credit scores.
Monitors all 3 credit bureau reports
Quarterly credit updates
$1 million ID theft insurance
Lost wallet protection
Personal ID theft response team
Cons of Identity Guard:
After 30 day free trial, requires $14.95 monthly fee.
Those are the best free credit score offers with and without a credit card required and with and without a free trial of credit monitoring.