Dear Liz: How can we obtain our credit score without paying, especially on websites? We have asked at our bank, but they say they cannot give it to us. Is that true?
Answer: Some websites advertise free credit scores, but they typically require you to sign up for other services, such as credit monitoring, which definitely aren’t free, or they offer credit scores that typically aren’t used by lenders.
If you want to see the credit scores that most lenders use, called FICO scores, you can buy them for $15.95 each at MyFico.com.
Your bank is not required to provide you with free scores. You are allowed one free annual look at your credit reports — the site to use is http://www.annualcreditreport.com — but free scores aren’t part of the law. In the future, you will have free access to a credit score if it’s used against you in a lending, insurance or employment decision, but that part of the financial reform law has yet to go into effect.
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