Credit Score Companies

17
Jul
How Accurate is Credit Karma?

Founded in 2007, Credit Karma is a San Francisco-based financial services company that offers free credit scores to the masses. Credit Karma touts that it will always be free to the consumers who use its website or mobile app. But how accurate is Credit Karma? In some cases, as seen in an example below, Credit Karma […]

Posted in: Credit Score Companies, Credit Scores,
02
May
How Accurate is Discover’s FICO Score?

Discover offers consumers a Credit Scorecard, which is a free service that includes a FICO score. Discover and a majority of other lenders use FICO scores in lending decisions. And a consumer, it’s understandable to want to see the same information that lenders see when checking your credit. However, there are different types of credit […]

Posted in: Credit Score Companies, Credit Scores,
19
Feb
Credit Karma vs. FICO Score

Until recently, when someone talked about a credit score they meant a FICO credit score. Credit scores are numerical gauges of consumer financial history, stability, and ability to handle credit and loans. For a while, FICO credit scores served as the default credit rating in the marketplace. Although other financial institutions had their own credit […]

Posted in: Credit Score Companies, Credit Scores,
28
Dec
American Express Offers FICO Credit Score

It wasn’t very long ago that if you wanted to see your FICO score you had to go to FICO’s website and pay $20. Nowadays, you can get free access to your FICO score anytime by just being an American Express (Amex) cardholder. In 2015, American Express joined a growing group of credit card companies […]

Posted in: Credit Cards, Credit Score Companies, Credit Scores,
28
Oct
Could Closing a Fraudulent Wells Fargo Account Hurt Your Credit?

Wells Fargo recently made headlines as employees created fake checking and credit card accounts to meet enrollment quotas. Approximately 2,000,000 fake accounts were created over a four year period and approximately 565,000 of those fraudulent accounts were for Wells Fargo credit cards. Wells Fargo is still experiencing fallout from the scandal as new details continue [&he

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