Monitoring Credit Scores

Resources to make checking your credit easy

Credit monitoring can be easy so long as you have the resources to do it. Regardless of the state of your credit - good, bad, or maybe even non-existent - you’re going to want to locate an app that has the information you need to make positive strides forward with your credit.

TransUnion and Experian are two of the big three credit bureaus collecting and compiling your credit history, score, and payment patterns. These are fantastic resources for monitoring your credit; however, for most people, this information can only be accessed once a year. For everything else, sites like Credit Sesame, Credit Karma, and myFICO are great options because you can check on your credit score and credit history when needed.

If you are considering making a big purchase in the upcoming future, finding an app that has these resources can help you monitor your credit as well as predict what you should to do in order to prepare your finances for the changes to come.

Check credit scores & see how healthy your credit habits are

A credit score is important for you if you want to make a big purchase, perhaps a car or a home. This number is what gives banks and other money lending organizations an idea of how responsible an individual is before loaning them money. Whether you’re new to the world of credit or you’ve had plenty of experience, keeping an eye on your credit score is key because it keeps you informed about the health of your overall credit.

Credit scores range from 300 to 850 points, and a good credit score typically falls between 670 and 850 points. On average, most individuals’ credit scores fall somewhere between 600 and 750.

A higher score represents good credit and financial decisions on the part of the individual. Things like paying off credit card debt on time and opening up new lines of credit can contribute to a higher score while late payments and closing lines of credit can contribute to a lower score.

For a traditional FICO score, the scoring system used most commonly throughout the United States, an individual’s payment history holds the most weight. This includes loan payments (e.g. mortgages) and credit card payments. The total debt being carried - in other words, the amount of money you owe to the money lending organization - also significantly influences the overall credit score.

If you’re looking to make a next big step in your life, you can find your credit score range using apps with a variety of free services, such as your full credit report, to keep you informed about your current status.

Credit history reports teach your spending habits

Your credit history is a record of your spending and repayment of certain types of loans like credit cards. A credit report, or credit history, displays information like how much debt you have, whether or not you have paid off your past debts on time, and what your pattern of payments looks like.

If you want to become more organized and aware of the status of your credit, then you’re going to want an app that gives you access to your credit history so that you can easily figure out why your credit score is the number that it is.

Your credit history is another tool that is often offered for free by credit monitoring sites and apps. It is often reported to a credit bureau - the three major bureaus being Equifax, TransUnion, and Experian - and these bureaus aid money lenders in determining whether or not to provide you a loan.

If credit management is not your strong suit, you will want to find an app that helps you to identify patterns in your spending and debt repayment so you can improve your habits and achieve a higher credit score. By achieving a higher credit score, you have a better chance of getting a loan and, as your score increases, take out loans in larger amounts.

This is also true for you if you want to maintain a good credit score and keep your credit history strong. Knowing where and how you’re spending and repaying money helps you to identify habits, both good and bad, that you can adjust for the future.

Privacy tools keep your credit information safe

If identity theft and data breaches are something that actively concern you, then choosing an app with a protection plan can be a good solution.

If you’re worried about keeping your credit information safe and protected, resources like Identity Guard, Privacy Guard, and LifeLock are available to keep all of your information sealed from prying eyes. While the big three credit bureaus are safe and trustworthy, new, lesser-known credit monitoring sites are appearing every day, so protecting your personal credit information can be important too.

Just note that credit monitoring and protection services cannot prevent someone from stealing your identity or edit potential errors in your credit history or report. They can, however, inform you if an error occurs or if it appears someone is attempting to access your information so you can take strides to protect yourself. There are also recovery services to help you if you have actually been a victim of identity theft.

Stay on top of your mortgage with credit monitoring tools

If you’re ready to make a big life purchase like taking out a mortgage, likelihood is, money lending agencies such as banks are looking at and monitoring more than just your credit score - they’re looking at the entirety of your credit history.

When it comes to buying a house, there are certain elements in your own credit history that you should look out for because these can influence whether or not you can get the loan amount you desire. For potential new home buyers, you will want to find an app that helps you focus on your debt to credit ratios.

A high debt plus a low credit score often suggests that the individual who is applying for the mortgage is unable to afford it or will be unable to pay it back on time, thus being a potential reason for loan denial.

On the contrary, a low amount of debt and a high credit score suggest an individual will not only make their mortgage payments on time, but may even be able to pay off the debt sooner; therefore, they are a good candidate for a loan and will likely receive the mortgage they are applying for.

Now that you understand the different elements and factors that can determine the perfect credit monitoring app for you, check out our Best 10 Apps for Monitoring Credit Scores.

  • Instantly increase your credit scores for free. Only with Experian Boost™!

    4.8 Ratings 1M+ Reviews 5M+ Downloads


  • WalletHub is the only app offering free credit scores and reports updated daily.

    4.8 Ratings 11K+ Reviews 100K+ Downloads


  • Achieve your financial goals. Credit score, credit report card, and action plan.

    4.7 Ratings 315K+ Reviews 1M+ Downloads


  • Get your FICO® Scores from FICO with complete 3-bureau coverage.

    4.7 Ratings 32K+ Reviews 500K+ Downloads


  • Make the most of your finances with your free credit scores and reports.

    4.8 Ratings 4M+ Reviews 10M+ Downloads


  • Instant access to credit scores & credit report. Credit repair & monitoring too,

    4.7 Ratings 641+ Reviews 10K+ Downloads


  • 💳 Free Credit Scores 📈 Free Credit Report 🕵 Identity Theft Protection

    4.8 Ratings 669+ Reviews 10K+ Downloads