How to perform a total credit check?

If you want to get insurance and borrow money, you need a high credit score. This may also help you rent a home or even land a job.

FICO or Fair Isaac Corporation is the company that invented credit scoring and this is used in around 90% of credit decisions in the United States. This is the score that lenders and others look at to see your credit score. To keep tabs on your finances, you should view your credit score periodically.

Checking credit score is now free

Not long ago consumers had to pay for a peek at their official FICO scores. But that’s history.

Now you can check your score for free if you know where to look. By looking at your score you’ll be able to see how your finances are doing and where you may need to improve them. This will help you improve your credit score which will help you with other financial transactions.

You’ll have better creditworthiness when you have a higher credit score. Your score will fluctuate, but if you pay bills on time and manage your credit well, you’ll have a better score over time.

Credit Cards

Some banks that give out credit cards will allow credit card holders to view their FICO score. Discover Bank will offer a free FICO score to anyone. People that hold these credit cards can check their credit score online.

Make sure you check with your bank to see if you can get your FICO score through one of their credit cards.

Car Loans

Some companies such as Ally Financial, Hyundai Motor Finance, Hyundai Capital America, and Kia Motors Finance allow you to view your FICO score with them. Your eligible if you finance your vehicle through one of these companies.

Credit Unions

Some credit unions will allow you to view your FICO score for free. Some of these companies include: North Carolina State Employees’ Credit Union, Pentagon Federal Credit Union, Pennsylvania State Employees Credit Union, and Digital Federal Credit Union (DCU).

Student Loans

Those students that are co-singers or borrowers of Sallie Mae Smart Option undergraduate student loans can view their FICO scores.

Checking Account

Some banks offer free FICO scores with checking accounts. There’s an estimated 100 million U.S. accounts that offer this service. Make sure you ask at your bank to see if you can view your FICO score through your checking account.

Credit Counselor

If you see a credit counselor, you may be able to view your FICO score. Some of these purchase credit scores from Experian which is a credit-reporting agency.

The agencies buy FICO scores and credit reports to help with financial counseling and credit. If you have problems with your credit one of these agencies may be able to help you view your FICO score.

They won’t share the results with anyone and a visit to a credit counselor doesn’t impact your credit score.

A visit to a counsel is also low cost and worth it if you want to improve your credit score or see where there’s problems with it.

When you call an agency for an appointment, ask them if you can view your FICO score through them.

If they say that you can’t, just find a company that can. Here’s some numbers to keep in mind:

  • National Foundation for Credit Counseling: Call 800-388-2227
  • Financial Counseling Association of America: Call 866-694-7253.
  • Credit Builders Alliance: Call 202-730-9390.
  • Local Initiatives Support Corp: Call 212-455-9800

These are the main ways you can view your FICO score for free.

Your credit score is an important part of your financial health, so you need to keep it in mind. Try to improve your score whenever possible by making the right financial decisions. If you’re having problems with your finances, see a financial advisor or a credit counselor. Your credit score can be improved if you talk with the right people.