There are few things in your financial life more important that your credit score. It's important when you borrow, and can also influence your insurance rates...even your ability to rent an apartment or get a job.
That's why it's so unfair that we're supposed to pay to see what it is.
In fact, Fair Isaac, creator of the most popular credit scoring model just raised prices by 25%.
Now it costs about 20 bucks to check it from each of the big three credit bureaus. But it's also possible to get it free.
Thanks to the Financial Reform law, more lenders will be supplying free scores this year. This summer, if you apply for a loan and are turned down or don't get the best available rate, you'll get a free copy of your credit score. This applies to lenders and utility companies too.
In fact, some lenders are already sending out free scores to all loan applicants. But that doesn't do you a lot of good. When you want to look at your credit score is before you apply for a loan, not after. So, here's how to get it free.
There's a page of the myfico website where you can get a free score by enrolling in a 10-day trial membership in Score Watch: it's one of those $15/month monitoring services.
You get your score by signing up for a free trial. As long as you cancel within 10 days, you don't get charged. And, I actually did do this. It does work, you can cancel it, no worries.
There are also websites that will help you estimate your score for free, and others that offer free scores with no hassle - but these aren't FICO scores.
Bottom line? You credit score is important, the price for seeing it just went up - but you can get the job done for free. More information and links right here at MoneyTalksNews.com.