MyFICO is a website that offers access to your FICO score and credit report monitoring with their “Score Watch 30-day FREE trial” (they can be found by clicking here www.myfico.com. They explain that their service “monitors important changes to your FICO score and Equifax Credit Report,” provides timely alerts when important changes are detected, easy-to-read view of how lenders see you and items affecting your score, and alerts when you might qualify for better interest rates on loans.
MyFICO offers a “100% risk-free 30 day FREE trial.” Please note myFICO will send you an email approximately seven days prior to the end of your 30 day trial period “to confirm that you wish to convert your trial to an annual subscription.” If you do not cancel prior to the end of the 30-day trial period you will be billed $89.95 for the year when the trial period expires.
In addition to the features listed above, the subscription comes with “Two Score Power reports” one when you enroll, and another available any time during the subscription period.” The “Score Power report” includes: your current FICO score, an explanation of items that are hurting or helping your credit score, your complete Equifax credit report, and the FICO score simulator, which shows you how paying down balances, missing payments, or transferring balances to other cards may affect your credit score.
The services offered by myFICO can be useful as it is very important to be aware of your credit nowadays. However it is also important to review all disclosures before you agree to provide your personal, private information to anyone.
