MyFICO Credit Reporting Review

#8 in Credit Reporting

MyFICO is a provider of credit information services that includes identity theft protection, credit monitoring and credit reporting. It is the consumer division of FICO, the developer of a credit scoring model widely used by credit and lending institution in the United

States. MyFICO delivers credit information services to help consumers better understand how their credit information affects their overall financial health and how they could improve them.

Credit Reporting Features

MyFICO gives you a comprehensive look at your credit with its three bureau credit monitoring and reporting. Credit reports are sent quarterly using the FICO credit score model. This type of scoring is used by mortgage, loans and other credit lending services. This in turn gives you a better idea of how your current credit profile looks and how it could affect future loans.

Credit reporting frequency

Quarterly

Credit monitoring

Monitors credit reports for unusual activities

Credit reports

Gives access to your credit reports

Credit scores

Gives access to your credit scores

Warning reports

Timely alerts to notify you of any unusual activities

Credit Bureaus

Experian

Yes

Equifax

Yes

TransUnion

Yes

Pricing

 

FICO Ultimate 3B

Price

$29.95/mo or $329/yr

3 Credit bureau monitoring

Yes

Credit report updates

Yes

Credit scores

Yes

Credit score updates

Yes

  • Essentials 1B ($19.95/mo or $219/yr)
  • 3B Report ($59.85 for 3 bureaus)

Identity Theft Protection

MyFICO comes with a capable identity theft program that helps you detect unusual activity in your credit information. It actively monitors black market sites where personal information is traded. It also includes lost wallet protection and identity restoration assistance.

ID Theft Insurance

$1,000,000

Fraud assistance

Yes

Lost wallet assistance

Yes

Alerts

You instantly receive alerts once changes to your TransUnion, Experian or Equifax are identified. This are sent through text, email or iOS app. Alerts are sent in as little as 24 hours.  Mobile alerts makes it possible for you to get this information anywhere, anytime through a mobile device.

Email

Yes

Text

Yes

Phone

No

Mobile

Yes

Support Services

Telephone

Yes

Email

Yes

Knowledgebase

Yes

Credit Reporting at MyFICO

MyFICO is a solid performer that delivers quality credit reports not only from one but for the 3 major credit bureaus. It uses the popular FICO credit scoring model widely used by most lending and credit institutions. This gives you a better idea on the attractiveness of your credit profile and how it can affect future loans. At $29.95 per month and with credit reports only being sent in a quarterly fashion, MyFICO is at the top tier in terms of pricing.   

Start your review for MyFICO Credit Reporting