Update: After a 4 year hiatus consumers can finally purchase their own Experian FICO score without having to apply for credit. It’s not cheap at $19.95 but it’s nice that it’s back at least. It’s worth noting that AMEX typically gives you your Experian FICO score for free when you apply for a consumer Starwood Preferred Guest® Credit Card from American Express whether you are rejected or approved.
HT: 123ablack, via DDF
Originally posted on 04/04/13:
There are lots of services that claim to want to sell you or give you your credit score. Unfortunately they’re almost all FAKO scores because they are fake. Lenders never use these scores.
Checking your own score does not hurt your score at all but the truth is that I don’t really sweat my score. You can get your complete report without the score from all 3 credit bureaus, Equifax, Experian, and TransUnion, for free once per year from AnnualCreditReport.com and the main thing is to make sure that it’s clean.
Alternatively you can get all 3 reports in a nice format from Citi Identity Monitor for $1 with a 30 day trial. Just be sure to click the box to access all 3 reports once you login. The scores are FAKOs but it’s still useful to check your hard pulls and check for inaccuracies every now and then. You can “churn” identity monitor and signup for their $1 trial as many times as you want.
Otherwise if you want to see your real FICO score there are really just a few options:
1. MyFico offers a free 10 day trial to Score Watch. This includes your Equifax FICO score. You can cancel online. Just select “I would like to cancel my product subscription” and then click “Score Watch-Free Trial.”
2. MyFico also allows you to purchase your TransUnion FICO score for $4.95/month (with a 3 month minimum purchase required, so $14.85) here.
You can also get your Transunion FICO score for free with a Walmart credit card.
3. If you have already used your free MyFico trial recently you can also purchase your Equifax FICO score directly from Equifax in their Score Watch product for $14.95/month which you can cancel right away.
And that’s about it, pretty much everything else is FAKO.
There is generally no way for a consumer to view their Experian FICO score, the one sold directly from Experian is FAKO. The only exception that I’m aware of is that members of the PSECU credit union (which is only available to limited residents of Pennsylvania) can access their Experian FICO scores for free. Otherwise I suppose you can apply for a loan to see your FICO score, but that would cost you a hard pull which will hurt your score.
The scores sold directly from TransUnion are also FAKO, as are most of the other scores sold by Equifax except the ones linked to above. And pretty much every other offer out there to get your scores are for FAKOs as well.
Hopefully that clears up some confusion…