Knowing your credit score is essential to improving it which helps you save money and get loans for things you need. You can check your credit score online for free on sites like Credit Sesame, which I use and recommend. You can get your free credit score without sharing any credit card information.
Why is your credit score important?
Your credit score is very important. Unfortunately, too many people have no idea what their credit score is. They don’t know how to check their credit score so they have simply ignored the issue. I admit that I previously fell into this category because I simply did not know how important it was or that I could get my free credit score easily online at Credit Sesame Free Credit Score & Free Credit Monitoring.
Knowing your credit score and credit history are important for using them to your advantage. Having a high credit score can help you get lower interest rates on your home loan or car loan. An excellent credit score will get you a 2% car loan versus a 25% car loan that someone will bad credit will get. (Sadly, this does happen and is something I witnessed at a car dealership.) You can also get denied for loans entirely if your credit score is low enough.
By knowing your credit score you can take the proper steps to improve your credit score. This means you can improve your length of credit history, credit utilization, history or paying on time and more to raise your credit score. Getting your free credit score and starting this process is the first step to improving your score and your financial life.
How does the free credit score work?
If you’re wondering how Credit Sesame and other sites can give you a free credit score and other extras, they do this in a few ways. They have paid options where you can pay for extra services. They aslo have recommendations for banks and other investment options where they make money if you sign up. These options allow them to offer free credit scores and more to all other users who just sign up.
What do you get when you sign up with Credit Sesame?
Here’s how Credit Sesame describes their process and what you receive when you sign up with their program.
Get Your Free Credit Score and Monitoring
We believe it’s a consumer’s right to access all their financial information. Get your free credit score each month and monitor your credit report at no cost. We’ll also send you daily monitoring alerts about changes to your credit report. Sign up to get started!
Free Identity Theft Protection
We not only help you monitor and manage your credit, we help you protect it, too. With Credit Sesame you also get $50,000 in identity theft insurance, plus fraud resolution assistance — for free. In the event you’re ever a victim of identity theft, we’ve got you covered. Sign up to get started!
Stay Informed with Real-Time Monitoring and Alerts
Credit Sesame can help you monitor your credit and protect your finances with personalized alerts. We monitor key financial indicators and your Credit Sesame profile to alert you to changes in your credit score or home value. We also let you know when better credit card and loan options become available. You can personalize alerts to receive them in real–time, daily or weekly. Sign up to get started!
Get Powerful Insights Into Your Finances
Find out how to make better decisions to improve your financial life. We’ll show you what’s impacting your credit score, if you are overpaying on your loans and credit cards, and how your financial picture compares to your peers. Sign up to get started!
Manage All Credit and Debts in One Place
Credit Sesame automatically pulls in your credit information—including your free credit score and your debts—every month, and always for free. Sign up to get started!
See How Your Finances Measure Up Over Time
Credit Sesame’s trending charts make it easy to see how you’ve improved your financial picture. Each month you can track your loan payments, interest rates, credit score and credit ratios to see what type of loans you qualify for. Sign up to get started!
Save More with Personalized Unbiased Recommendations
Simply put, we deliver recommendations that are best for your bottom line. Our advice is based on your credit profile, financial goals and market monitoring – not payments from advertisers. Credit Sesame’s patent-pending analytics engine assesses your individual situation and identifies what you could be doing better today to meet your goals for tomorrow. We’ll show you personalized, objective savings recommendations on home loans, credit cards, auto loans and more. Sign up to learn more!
Safe and Secure
At Credit Sesame, your privacy is our top priority. We use the strongest encryption methods available online — the same used by banks. Your information is visible only to you – we will never share or sell your information to third parties, advertisers or our employees. Our security practices have been approved by Verisign. Sign up to learn more!
Credit Sesame is 100% Free
We believe that access to personal credit and debt information is a consumer’s right. That’s why Credit Sesame is completely free. Credit Sesame offers unbiased recommendations to help you save money on credit cards, mortgages and auto loans. Sign up to get started!
Stay on top of your finances no matter where you are. You can access your Credit Sesame account on your desktop and through mobile apps on your iPhone or Android. Sign up to get started!
What personal information do I have to give up for a free credit score?
You will have to provide your name and social security number in order to get a free credit score. That’s standard practice and something you will have to do anywhere to get your credit score. This is why you should choose a reputable company to get a free credit score from. I personally use Credit Sesame and other bloggers and friends do the same. I’ve not heard of any private information being lost of compromised in any way.
How to check your credit score for free!
The easiest way to get your credit score is to use a free non-FICO credit score site. These give you a general idea of your credit score using their rating system which will be similar to FICO. They will show you your credit score from one of the major agencies like TransUnion, Experian, or Equifax. I and other personal finance bloggers recommend Credit Sesame for checking your credit score for free.
If you need to check your credit score for free, then Credit Sesame might be right for you. Credit Sesame does not ask for a credit card upfront so they won’t charge you for getting your credit score for free in the beginning.
Credit Sesame works by using the Experian National Equivalency score. This is similar to the FICO score which is what lenders look at when deciding to give you a loan and what rate that loan should be. You can see how your credit score is displayed by the example of mine to the left. It shows you your credit score and where you fall in the list from poor to excellent.
Credit Sesame doesn’t charge you for your credit score because they make money by showing you different loans you will qualify for. When you click through on those links Credit Sesame makes money from that. You are under no obligation to do so and can just use the service for your free credit score. Then if you see a loan that is a really great deal you can always go through that link to support the good service offered by Credit Sesame. It’s really a win for everyone!
Checking your credit score with Credit Sesame won’t hurt your score because it’s a soft pull instead of a hard pull like the kind a lender does. It doesn’t hurt your credit score, it gives you the knowledge you need, and it can potentially help you raise your score and save you thousands of dollars in interest in the long run. Why would you not check your credit score for free at Credit Sesame?
Get Your FREE Credit Score NOW
If you haven’t checked your credit score before or haven’t checked it in a while, then you should do so immediately. It’s worth knowing where you stand with your credit score since it’s such an important number.
If your are interested in using this free service and getting your FREE credit score at Credit Sesame click here. It’s free and a great way to know your credit score (just ignore the special offers and deals they suggest for you to keep it free).
Photo by GotCredit