myfico.com

[porkpistol]

So I want a way to monitor my credit score. I have just recently payed off tons of credit card debt. I have read a few things here and there on the forum about myfico.com. Is it worth the $19.95 per month for the credit monitoring for all 3 bureaus? Has anyone had any experience with this site or the monthly monitoring?

[csasko33]

Sometimes the best is Free

I tend to think of them as scams. People start off paying the $19.95/m and then forget about them. Before you know it you have a reoccurring fee that builds up (1 year = $240). Capitalone offers free TransUnion Credit Score if you have a credit card through them. Also CreditKarma offers free credit reports. Also the government offers AnnualCreditReport.com that allows you to federally pull your reports from each agency once a year. Each credit agency trys to get you to buy the score but opt out.

[disneysteve]

Why do you need to monitor your credit score so closely? $20/month is a lot of money. Are you anticipating borrowing a large sum of money in the near future, like a mortgage?

[autoxer]

The only reason to monitor the credit reports that closely is if you are a victim of credit fraud.

If you are trying to improve your credit score, then the best thing you can do is just pay your bills on time.

[Permanent Temp]

Totally not worth it at all. I monitor my credit score through credit karma to get a general idea and pull my credit report once a year through annual credit report.com

Also have monitoring through Target as they offered it for free for a year.

[greenskeeper]

discover card gives me a free credit report from all 3 with each monthly statement FYI

[krantcents]

I only check my FICO score occasionally. I think it is far better to make sure you make you take care of your bills on a timely basis. I just recently bought a car and found out my FICO score is 885 and my wife had a 879. The FICO score is the result acting financially responsible. The FICO score reflects your credit over time, that is why older credit cards have more impact than newer ones.

[disneysteve]

discover card gives me a free credit report from all 3 with each monthly statement FYI

Discover gives a credit score. Anyone can get their credit report for free 3 times per year (once from each bureau).

[porkpistol]

I use creditkarma but have read on these forums that it tends not to be greatly accurate. I don't plan on making any purchases in the future unless they involve cash. This is all I needed though, won't waste money on it, thanks for the replies.

[greenskeeper]

Discover gives a credit score. Anyone can get their credit report for free 3 times per year (once from each bureau).

credit score on statement, report on the website from all 3 bureaus updated monthly.

[bigdaddybus]

credit score on statement, report on the website from all 3 bureaus updated monthly.

Interesting, I was just out on discover.com and I only get one number (841). I do paperless billing so I dont know how paper statements differ.

I could not find the numbers from all three bureaus on the website