I recently signed up for Credit Sesame, which gives you free financial advice as well as a truly (no, really), a truly free credit score from Experian. There are absolutely NO strings attached and you don’t even need a credit card to sign up for their free service.
Today, my credit score is pretty high. However, not too many years ago, it was down in the low 600’s but I’m happy to say that after making on time payments, limiting how much credit I use relative to my credit availability, not applying for too much credit, and cutting back on any revolving credit use, my score according to Credit Sesame is 820!
Credit Sesame offers more than just a free credit score
But Credit Sesame doesn’t just stop at credit scores, after all, they’re just one aspect of your financial picture. They also run multiple (thousands) of different scenarios to see if one pops up that could possibly save you some cash. It all depends on your personalized goals and your preferred time horizon.
Sign Up For Credit Sesame HERE. No Credit Card Required. Not a “trial offer.” Free. Really.
Unfortunately for me, there weren’t any scenarios that made sense for my situation once I correctly entered my mortgage interest rate. I’m glad to hear that I’m making good decisions but I was somewhat disappointed that there wasn’t something else I could do. Oh well.
See that “Save Up to $248 monthly” option? That advice was based on my incorrect mortgage interest rate but it gives you an idea of what Credit Sesame is out to do … save consumers money.
The fact is, I’m getting very close to being 100% debt free (excluding my mortgage) and the only debt I carry is a few old student loans that are currently sitting at a 2% interest rate. Why bother to pay them off at that rate? Besides, my debt to income ratio, as analyzed by Experian is just 14% including my mortgage.
I wish Credit Sesame had been around longer!
When I was aggressively working to shed the massive amount of debt I had gotten in to, Credit Sesame would have been ideal. Their free credit scores, their multiple scenarios, their ability to analyze debt/income and make real, viable solutions would have probably helped me get my finances in order much faster.
Give Credit Sesame a try. You’ll find, as I did, that there is NO CREDIT CARD REQUIRED to use their service. They don’t offer “free trials” where you have to cancel your account and you always seem to forget. You’ll be able to set goals, run your own scenarios, and use their “What-If Calculator” to see how things would turn out with your scenarios without actually having to take the plunge.
The bottom line is that Credit Sesame is pretty cool in my book. Check it out by clicking HERE.
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I signed up, it is a pretty good site, although it does have my credit score 44 pts higher than one of my credit cards lists… and it is from experian also, and my wifes is 115 pts higher! hope sesame is right!
Hi Mike, we use Experian’s National Equivalency Score. The scoring will vary based on the type of score and the bureau. I hope this is helpful!
Irene
I recently refi’d my home from a 30 year with 24 years left to a 15 yer at a lower interest rate. Credit sesame advised me to refinance my house over 30 years to ‘save’ me money every month. not good advice.
edit: I went back and edited my monthly mortgate payment to include the amounts for specific ppty tax and insurance and they came back with ‘no advice’ which is more in line. that was good advice.
Glad to hear that!
I signed up. But after taking all my personal info, it booted me out for “inactivity” (as I was entering my home’s value – I had been in the process of signing up and had ZERO minutes of inactivity). The email I received to confirm my own email didn’t work – taken to an “internal error” page. I couldn’t log in (Password doesn’t match?!) which isn’t really a surprise because I couldn’t confirm my email due to their sites problems. I tried resetting password using their link, but when I put in my email and hit submit I again got the “Internal Error” page. Oddly, I tried signing up using a different email. The confirmation email link worked fine – no errors. But I can’t get past the SS# entry because – they already have it!
Now they have all my personal info including my SS#, address, etc. and I can’t use their site. Frustrating. Annoying. Concerning.
Try getting in touch with them by email — help@creditsesame.com OR feedback@creditsesame.com
You could also try their Twitter account — http://www.twitter.com/creditsesame OR their Facebook page — http://www.facebook.com/creditsesame