Best Free Credit Report Site
- September 26, 2018
- Posted by: Ashley Sutphin Watkins
- Category: Credit Scores
At a Glance:
Reviewing your credit reports is crucial to your financial health. Fortunately, several websites let you check your credit reports for free. Some sites will also include access to your free credit scores, free credit monitoring, and free identity theft protection.
Regularly checking your credit report is more important than ever. The Federal Trade Commission reports identity theft accounts for more than 14 percent of consumer complaints at the federal level.
The crimes that have the most impact on the victims are ones in which thieves open new accounts in the name of the victim. These forged accounts can go undetected for months.
By regularly checking your credit report with one of the best free credit report sites, you can spot suspicious activity much sooner, which can prevent some of the damage from these types of crimes. Many credit report sites offer not only free monitoring but also alerts that you can receive if any red flags are spotted.
>> Read More: How to Read a Credit Report
Of course, having access to your credit report is also valuable if you want to make positive financial decisions, or you’re on the verge of making a big purchase, such as a new home. In this case, you want to be prepared and know what your credit report is going to look like to lenders.
Best Free Credit Report Sites
When you’re comparing the best free sites for credit reports, it’s important to make sure they truly are free. Some sites advertise free services, but it’s ultimately a trial period. In our list you can find the best free credit report site, as well as some runner-ups.
- The Best: Credit Karma
- Runner-Up: Credit Sesame
- Runner-Up: Quizzle
- The Original: AnnualCreditReport.com
The Best: Credit Karma
Credit Karma offers many tools to help you manage your financial health. On Credit Karma, you can access your credit reports for free all the time. You’re not limited to how many times you can check your reports when you sign up with the site and you can see reports from Transunion and Equifax.
Credit Karma also shows you – for free – whether or not your credit score has recently gone up or down, and it breaks down the factors that influence your credit score. You’ll receive alerts if anything changes, so you get the benefit of always-free reports paired with monitoring.
>> Read More: How Accurate is Credit Karma?
The interface and breakdown of what Credit Karma shows users is very simple and easy-to-understand. The only real downside is you don’t get information from Experian with Credit Karma. The thing that makes Credit Karma the best free credit report site is the fact that you can check your credit score whenever you want.
Runner-Up: Credit Sesame
Credit Sesame allows users to get access to their free credit score each month. They can also monitor their credit report for free, and receive daily alerts that show any changes to their TransUnion credit report.
Credit Sesame also offers free identity theft protection with $50,000 in identity theft insurance.
You can opt for premium services from Credit Sesame as well. Paid, premium services include Social Security number monitoring, downloadable monthly credit reports, and unlimited daily updates to your credit score.
Quizzle lets you check your VantageScore credit score as well as your TransUnion credit report every three months. The primary aim of Quizzle is to help people have access to their free credit report before they try to get a home loan. You don’t need a credit card to sign up for Quizzle, and there are no required purchases after you create an account.
Quizzle features the ability to not only spot errors on your report but – with a paid membership – you can also dispute it directly from the Quizzle site.
When you check your score with Quizzle, it breaks down the factors contributing to your score and provides insight as to what lenders are looking for when they make approval decisions.
The Original: AnnualCreditReport.com
AnnualCreditReport.com is the original and official site to get your free annual credit reports as mandated by federal law. The website is maintained by Central Source, LLC, which is sponsored by the three major consumer credit reporting agencies – Equifax, Experian, and TransUnion. This is one site that will offer a free credit report from each of the three credit bureaus that you’re entitled to every 12 months – with no strings attached.
With so many excellent free credit report sites available, there’s really no reason not to check your credit score for free. If you can proactively see something that’s an error or potential identity theft, it’s much easier to resolve the problem than it would be if it went unresolved for months. Most free credit report sites offer not only access to the actual reports, but also automatic alerts, and they’re a great way to keep an eye your financial security.
It’s also important to check your credit score regularly to know how you’re doing with debt or other potential problems you might need to resolve. This is especially true if you want to buy a home, a new car, or you want to get financing for any large purchase.