Free Credit Score from CreditKarma

Apr 19 2008

Published by UltraYeah at 1:34 pm under Finance

CreditKarma is giving away free credit scores. Usually websites give you free credit reports, but they don’t tell you the actual credit number but CreditKarma will! This service is free to use and allows you see your score change daily. The reason the site is free is because they make their money off advertisements and affiliate offers.

So why are credit scores important? Credit scores are used to rate how reliable you are in paying loans back. The number way to raise this score is use a credit card and pay it back monthly. I got my first credit card when I turned 18 and now I have a fairly high score. I purchase everything with my credit card and pay it back on time. Another way to get your credit score up is to take out a loan and pay it back on time. I took out a secured loan, basically paying for a loan, and now every month when I pay it back my credit score rises. If you ever plan on getting a loan or applying for a credit card, the higher your credit score the more competitive rates you’ll get; however, Income plays a big role in applying for loans, but having a great credit score can only help.

CreditKarma has a nice finance blog run by Kenneth Lin; if you’re interest in money, you should definitely check it out. They also have the hottest credit card and savings account offers. CreditKarma is really easy to use and it only takes seconds to sign up. This site is really web 2.0 and you should definitely check it out.

Click Here for Credit Score.