Credit scores are important for your financial health. It is a metric that goes from 300 to 850, which represents an individual’s creditworthiness. In other words, it says how likely you are to repay your debts and pay your bills. Financial institutions use credit scores to determine how risky it is to lend money to an individual. It helps them determine how much to lend and at what interest rate. There are three major credit bureaus in the United States, and your credit score might be different depending on the credit bureau you are looking at. In this article you will learn how to find your credit score.
How do I find it?
First, it is important to know that your credit report, regardless of the credit bureau, does not include your credit score.
- Purchase credit score
You can purchase your credit score from the three major credit bureaus and other providers. Keep in mind that the metrics used to calculate your credit score are different depending on the provider and credit bureau.
- Companies’ statements
Many financial institutions, such as banks, credit card companies or lenders often provide your credit score along with your monthly statement as part of their service when you acquire a product or service from them. This is a great option, but keep in mind that you will only see a monthly update when your statement arrives.
There are different websites where you can see your credit score. At Crediverso, you will be able to see your credit score completely for free, powered by Experian. Crediverso is the first company to offer the service in both English and Spanish. This way people can take a look at their credit score and information in their preferred language. You can also get help from the Crediverso members to better understand your report and learn ways to improve your credit score. Lastly, you can get notifications from Crediverso when your credit score changes or when a product comes out that can help you increase your credit score.