If you are interested in your credit score, you might want to check out NerdWallet. Based on a VantageScore 3.0 score from TransUnion, it provides a free credit score ranging between 670 and 739. Check your score once per week and sign up to receive notifications when it changes.
NerdWallet has a credit score of 670-739
According to NerdWallet, a good credit score falls between 670 and 739. A score between these levels is considered good, while those between 669 and 679 are considered fair. Anything higher than 800 is considered exceptional. NerdWallet provides an approximate range of credit scores. Please use it as guidance only. As of August 2022, the average credit score was 716, which falls within the good range.
Lenders will tend to be more favorable towards borrowers with a higher credit score. They are therefore likely to offer competitive rates. If your credit score is between 670 and 739 lenders might not offer you the same interest rate or require a larger down payment.
It is based upon a VantageScore 3.0 report from TransUnion
NerdWallet uses a VantageScore3.0 credit scoring model from TransUnion. Based on the information in a credit report, this score can range from 300 to 850. While the scoring model has changed over time, the fundamental information has remained the same.
VantageScore® 4.0 uses trended data to analyze how credit is being used over time. It also handles collections of medical debt more gently than the 3.0 version. Both VantageScore models use machine learning to calculate a consumer's credit score. NerdWallet provides a free credit score. It is based off a VantageScore of 3.0 from TransUnion.
It is updated weekly
NerdWallet credits scores are updated weekly based on TransUnion credit reports. You can access these information via the Credit Score dashboard. You can also access your entire credit history. You can also manage all aspects of your money through the suite of dashboards that are available, such Net Worth. NerdWallet even allows you to connect all of your financial accounts. If you're unsure whether your credit score is accurate, you can access your credit report for free at NerdWallet.
A missed payment could result in 100 points being removed from your credit rating. You can avoid missing a payment by setting up automatic payments for your bills. Also, lawsuit judgments or collection accounts can affect your credit score. Identity theft can also affect your credit score. Identity theft can also ruin your credit. You should always have your credit report checked for free. NerdWallet offers credit scores and free credit reports up to eight years.
It informs you about any changes to TransUnion's free credit report
NerdWallet is an alert service that notifies you of any changes to your TransUnion free credit file. It monitors your credit report and helps you understand how changes affect your credit score. NerdWallet provides personal insight and credit analysis that will help you make smart financial decisions.
There are many ways you can dispute incorrect credit report information. TransUnion can be contacted for a dispute. In most cases you can wait 30 days for a response. You can also access TransUnion's website and check the status to your dispute.