Whats My Credit Score?

You see all the ads on TV for "free credit reports" but you don't see much about "free credit scores." So how are you supposed to get that so important score that affects your life so much? Whats my credit score? And then once you get that score, how do you compare to the average American? Learn where to get a totally free credit score and how it compares to the average.

Click Here To Get A Totally Free Credit Score

You might be thinking that you can get your FICO from the free annual credit report service the government runs. But that is not the case. The government credit report program only covers the reports.

You have an option to buy a discounted credit score from the 3 credit reporting agencies when you get your free report but you do not get access to it for nothing.

The company that turns the information in your credit report into a score does not do it for free. They charge a pretty hefty fee for their service. The company is called MyFICO. When you think of credit scores, they are the company that developed the complex scoring formula that almost all lenders use to determine your creditworthiness.

The government cannot force them to give you their scores for free.

So the only real way you can get a free credit score is by trying one of those credit monitoring offers that monitor your credit. It's really not a bad deal when you think about it. Do you have the time to watch your credit report and score daily to see if there are any errors?

Can you afford to take days off from work to get your identity back if it's stolen?

If you answer no to those questions then the credit monitoring deals are worth the small monthly cost. And you get a free credit report and score to boot. If you don't agree then just get the report and score and then cancel before your trial is over. It's simple and easy and you can see your score and report instantly to satisfy your curiosity.

Click Here To Get A Totally Free Credit Score

Then once you have your score you can see how you compare to the average American. The average national credit score actually varies because there are 3 different credit reporting agencies and they all have their own proprietary formulas for computing your score. So while one may say the average is 689, another may say it is 723. On a scale of 300 to 850, most people have average or above average scores.

You will need above 720 to qualify for the best auto and home loan rates these days. As lenders have learned their lesson, they have clamped down on their lending requirements.

So now you have your free credit score and report and you see that you are ok when it comes to the average.