I signed up for this thinking it'd help manage my credit. Paid for access to the score. Have raised it by 100 points, mostly by paying off bills, etc. Had a card I do have raise my limit automatically...says it's because my score went up, etc. Thought I was doing well.

Went to a car dealer, to think about getting a ride for my daughter in college--they ran Experian (which is where freecreditreport.com is run).

The two numbers couldn't be more different. I had printout showing me solidly over 700--they come back 100 points lower. WTF?

Says mine is a ScorePlus (whatever the f*ck that means). They run a Fair Issacs--not the same.

So, my takeaway is this. Paying for monitoring/access to scoring is ridiculous. Doesn't do anything.

Anyone else have an experience similar? Perhaps different? I'd like to hear how it worked in your favor, what were the conditions, etc.

fret

I tried that s@#t !

they didn't send me any report & then

listen carefully

bill you if you don't cancel after so many months !

it is just enough time to let you forget about it !!

I didn't have to pay due to NOT reciving anything from them BUT YOU GOT YOURS

SO BEWARE !!

CANCEL IT !!

EBB

Get your money back and do not pay for a credit monitoring service or anything like that. It is a rip off.

Fair Isaac is your FICO (credit) score source.

This is the ONLY website you should for you FREE annual credit report.

https://www.annualcreditreport.com/cra/index.jsp 

Do not go to freecreditreport.com - They will sign you up for credit monitoring service. A waste of money.

Seriously, you are getting ripped off. The only way to improve your credit score is to pay your bills on time, do not overextend yourself, and have a TRACK record of paying bills on time or early.

Only time and fiscal discipline will improve it.

Any one else that tells you they have the magic formula is lying. The actual credit score formula is owned by Fair Isaac, Co., and is a guarded secret. It is a patented formula that is not even exactly known by the credit card reporting agencies. Yes, I am sure it can be reverse engineered.

Gringo

Read this or google CIC triple advantage.

http://www.knowzy.com/Personal_Finance/Credit/Credit_Monitoring_Is_A_Rip_Off-StepByStep-Canceling_CIC_TripleAdvantage.htm 

Gringo

The only thing good about Free Credit Report is their catchy songs . . .

3. Author: gringococolo

This is the ONLY website you should for you FREE annual credit report.

https://www.annualcreditreport.com/cra/index.jsp 

TRUE THAT!

you are entitled to one free report each year from each of the three reporting agencies. Every 4 months I get a report from ONE of the agencies. good way to monitor your credit report. this does not show you your "credit score", but it will show you what is going on with your credit.

If you want to improve your credit score, pay on time and and pay down your debt. do not cancel/close paid off accounts.

Gringo nailed it.

Great. Thanks to everyone for the info.

I wondered what the hell this did--and now I find it does nothing. I have paid my bills (although there are some medical bills I'm still paying on) on time--I've lowered my balances on credit cards to about 20% of available credit--if I have $20K in credit lines, I'm only using $4K, for example.

Thought this would help.

Like you've said, there is some magic formula that we have no idea how is used to determine credit score.

Just sucks when you find your assumptions are completely wrong.

Thanks again.

fret

.

NINE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

.

Thanks for nothing, Fret, now I have their stupid song in my head...

"Freeeee credit. . . . report . dot . co-o-o-o-m . . . "

that guy bights his lower lip when he smiles.

under 600 fico is bad. 600 to 700, is OK. above 700 is considered good.

with 80% of your limit on any credit card still available, looks very good to lenders.