I was browsing for free credit score offers this morning, as I so often do, and I came across a couple of sites to avoid – MyCreditScore.com and MyFreeCreditScore.com, and I will tell you why.
First Up – what’s wrong with MyCreditScore.com
A visit to MyCreditScore.com (as of this writing) will only redirect to a “we’re sorry, we couldn’t find the page you’re looking for” page on the website CreditScore.com. While that site is owned by Experian, I see nothing free on it, so don’t bother. I think the least they could do is direct you to their main page so you could immediately see what services they offer, even though there’s nothing free about them. I guess nothing about the word “free” was mentioned in that domain name, so I shouldn’t complain about the no free part now should I?
Ok, now what’s wrong with MyFreeCreditScore.com
Now this one is a bit more interesting. A visit to MyFreeCreditScore.com will bring up a page offering your 3 free credit scores, which is more inline with what we’re looking for here. But there’s one big problem, they direct you to a PrivacyGuard sign-up. I have a few problems with this:
- PrivacyGuard is a quality service, but it’s only free on a trial basis.
- If you signed up for a free trial through that link, and decided to keep the service, you would end up paying $5 more per month than you need to, just for that free trial. I usually see this service being offered for $14.99 vs. the price through MyFreeCreditScore.com which is $19.99.
- In my opinion, there are better services than PrivacyGuard such as FreeScoresAndMore.
Why would you be charged more later, just for a free trial now?
This is an interesting subject. While the free trial is great for getting something for nothing (as long as you cancel), the company offering it takes on more risk and expenses providing the service without charging, even if it’s just for 15 or 30 days. Many people will just use the free trial, and not continue their membership, which costs the company (in this case PrivacyGuard) more money. They need to recoup this loss in some way, which is why they need to charge more for the ongoing service for situations like these. Of course there are exceptions, but this is generally how things like that work.
Moral of the story? Don’t type in a random URL and expect to find quality products at competitive prices without doing your research first! Also, be sure to check out my article on how to get a free credit score with no credit card.