CreditReport.com Review

A Review of www.creditreport.com

A credit score is a number based on data accumulated from banks, credit card companies, and any company that has loaned the consumer money. The credit score is a deciding factor in the consumer being able to borrow more money and the interest rate on that borrowed money. An excellent credit score is considered to be over 720. It is important to know the information on one’s credit report as there are sometimes inaccuracies that need to be corrected.

The website www.creditreport.com provides consumers with a comprehensive report detailing all the items on one’s credit report. Credit scores can fluctuate depending on many factors, such as new credit applications and late payments.

This website provides daily updates on your score and even provides a ScoreTracker, a graph which visually shows the changes occurring on your report. This website claims to keep consumers protected by “state of the art credit monitoring tools.” However, it never mentions exactly what those monitoring tools are. This website does offer unlimited access to your credit score, email alerts when there is a significant change in credit, and a detailed analysis of what is affecting the score.

By enrolling in this service on www.creditreport.com, one is granted a free 7 day trial of three different credit monitoring services, Experian, Equifax, and TransUnion. After the 7 day free trial is over, the consumer will be billed $14.95 per month until the account is canceled. This information is fairly clear on the website, although it does emphasize the free trial while deemphasizing the monthly fee. The website also does make clear why a consumer should use CreditReport.com over any of the other credit report services available.

This is a good service for anyone who has had credit trouble and is trying to get that trouble corrected, or for someone who has a lot of changes in their credit and needs to keep a close watch on it. However, for the average consumer who does not have a lot of changes in credit from month to month, one free credit report annually will probably suffice. Credit reports are provided free every 12 months under federal law at www.annual creditreport.com. Ultimately, the website is fairly clear and user friendly if one needs the credit monitoring service.