Free Credit Score not so free

You see “free credit score” ads all over, including on this site, but they aren’t really free.   You can get free credit reports once a year, and there are even two sites we know of that will estimate your credit score without charging you, but most of the time when you see “free credit score” there are strings attached, like a subscription to a credit checking service.   Check a previous BLOG entry for more information:  Your Credit Score: Free Estimates and Help .

However, if the new financial services law passes (and it may not thanks to continued Republican blocking), you will be able to get a free credit score when, and if, anyone turns you down for credit.  They have to tell you what score they used in their evaluation and what it was.

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