Maintaining a healthy credit score requires a good bit of focus, determination and hard work. Thereâs a lot to keep up with: We need to pay our bills on time, reduce debt and maintain a low debt-to-credit ratio, among other requirementsâall to ensure a top-notch credit score. We can use all the help we can get! To that end, here are eight credit monitoring apps that can help keep your credit building on track.
One of the only truly free credit monitoring appsâmost others require you to have a paid subscription to their digital service in order to use the âfreeâ appâthe Credit.com mobile app allows you to access your entire credit profile, including your credit score and insight into how it compares to your peers. Youâll see where you currently stand, see how your score has changedâand whyâand get credit information and money-saving tips tailored to your score.
Availability: Apple and Android
Cost: Free
The myFICO app is free, but it requires an active myFICO account, which means it effectively costs $20 per month or more, depending on which features you want. With this app, though, you can view and monitor your FICO scoresâthe most widely used credit scoreâand credit reports. They also provide a FICO Score Simulator, which shows you how your score may be affected if you take certain actions.
Availability: Apple and Android
Cost: Free, but requires an active myFICO account
Lock & Alert from Equifax lets you lock and unlock your Equifax credit report to protect against identity theft and fraud. Youâll get an alert any time your account is locked or unlocked so you know youâre the one in control. A credit lock is not as secure as a credit freeze, but it does offer some level of protection and is generally easier to turn on and off. This app works only for your Equifax credit report, so if you want to lock all three reports, youâll have to work with TransUnion and Experian separately.
Availability: Apple and Android
Cost: Free
The Experian mobile credit monitoring app lets you track your Experian credit report and FICO score, with an automatically updated credit report every 30 days. The app also comes with Experian Boost, which can help you boost your score. The app alerts you when changes to your report or score occur, and offers suggested credit cards based on your FICO score.
Availability: Apple and Android
Cost: Free, but some features require a paid Experian account
If youâve signed up for credit repair services with Lexington Law, you can use their free mobile app to keep track of your progress. In addition to providing access to your credit reports from all three credit bureaus and updates on ongoing disputes, the money manager feature, similar to Mint, helps you track your income, spending, budgets and debts.
Availability: Apple and Android
Cost: Free, but requires a paid Lexington Law account
The TransUnion mobile app allows you to refresh your credit score and credit report daily to see where you stand. It offers instant alerts if anything changes and offers Credit Lock Plus, which allows you to lock your TransUnion credit report to avoid identity theft and fraud. The Debt Analysis tool lets you calculate your debt-to-income ratio, and it allows you to view public records associated with your name.
Availability: Apple and Android
Cost: Free, but requires a paid TransUnion Credit Monitoring account
ScoreSense offers credit scores and reports from all three credit bureaus and daily credit monitoring and alerts to changes on your reports. This app also provides creditor contact information so you can address errors on your report quickly and efficiently. Score tracking features let you review how your score changes over time and how it compares to your peers.
Availability: Apple and Android
Cost: Free, but requires a paid ScoreSense account
Self helps you buildâand trackâyour credit, making it great for people just establishing their credit profile or trying to rebuild damaged credit. Self offers one- and two-year loan terms, but instead of getting the money up front, the amount is deposited into a CD. You make regular payments for the term of the loan (at least $25 per month), and then get access to the money. There is no hard inquiry to open the account, but your payments are reported to all three credit bureaus, helping build your credit. Plus, while you are repaying your loan, you will have access to free credit monitoring and you VantageScore so you can track your progress.
Availability: Apple and Android
Cost: Free, but requires a Self loan repayment of at least $25 per month
With so many different options, youâre sure to find a credit monitoring app that meets your needs. And donât forget: you can always check your score for free using Credit.comâs free Credit Report Card.
The post Boost Your Credit Score: 8 Helpful Credit Monitoring Apps appeared first on Credit.com.
Source: credit.com