NerdWallet might be worth a look if you are interested to see your credit score. It offers a credit score as low as 670, up to 739, depending on TransUnion's VantageScore3.0. Your score can be checked once per week, and you can sign up for notification when it changes.
NerdWallet is able to calculate credit scores between 670 - 739
NerdWallet estimates that good credit scores range from 670 to 739. Scores between 669 and 679 can be considered good. Scores between 669-679 can be considered fair. Anything over 800 is considered exceptional. NerdWallet only uses an approximate range of credit scores. This should not be considered as a definitive guideline. The average credit score as of August 2022 was 716. This is within the acceptable range.
Lenders tend to favor borrowers with good credit scores, and will offer more competitive rates. If your credit score is between 670 and 739 lenders might not offer you the same interest rate or require a larger down payment.
It is based on a VantageScore3.0 TransUnion score
NerdWallet is based on a VantageScore 30.0 credit scoring system developed by TransUnion. This score ranges from 300 to 850 and is based on information contained in a free credit report. The scoring model has changed over the years, but the basic information remains the same.
VantageScore4.0 incorporates trended information that tracks how consumers have used credit over time. It also considers medical debt in collections less harshly than the 3.0 model. Both VantageScore models employ machine learning to calculate consumers' credit scores. NerdWallet provides a free credit score. It is based off a VantageScore of 3.0 from TransUnion.
It is updated on a weekly basis
Based on your TransUnion credit reports, NerdWallet updates your credit score each week. You can access this information from the Credit Score dashboard. You can also access your entire credit history. The full suite of dashboards, including Net Worth, allow you to manage your money. In addition, you can even connect all of your financial accounts with NerdWallet. NerdWallet provides a free credit report that will allow you to verify your credit score.
A missed payment can knock 100 points off your credit score. By setting up auto-payment for your bills, you can avoid missing any payments. Your credit score can also be affected by collection accounts or lawsuit judgments. Identity theft can also damage your credit. Checking your credit report regularly is a good way to protect yourself against identity theft. NerdWallet offers free credit reports and credit scores for up to eight years.
It informs you about any changes to TransUnion's free credit report
NerdWallet provides free alerts to you about any changes in TransUnion's credit report. It monitors your credit report and helps you understand how changes affect your credit score. NerdWallet also provides credit analysis and personal insights that can help you make wise financial choices.
There are plenty of ways to dispute inaccurate information on your credit report. TransUnion may first respond to your dispute. Most cases will give you 30 days to await a response. The TransUnion website has detailed instructions that will allow you to check the status of your dispute.