What is FreeCreditScore.com?
A website that enables users to check their Experian credit report and FICO Score online. Previously, users had to sign up to a monthly paid service, but this is no longer required.
Where have you heard about FreeCreditScore.com?
FreeCreditScore.com has been subject to various lawsuits in the past for misleading advertising and deceptive marketing practices.
What you need to know about FreeCreditScore.com.
Your credit score is used by lenders to evaluate the risk to them of lending you money. A low score can make it harder to get a loan or mean you pay more interest. Your score is based on your credit report, which contains information on your credit and payment history.
In the UK, there’s no universal credit scoring system and each lender will score you differently. In the United States, the FICO Score is commonly used by mortgage lenders. The FICO Score you’ll get from FreeCreditScore.com is based on your Experian credit report. However, your lender may choose to use information provided by one of the other national credit bureaus (Equifax or TransUnion), or take an average of the three scores.