Credit Sesame Review

by Ron Haynes

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!

My_credit_score

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.

Save_money_with_credit_sesame 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.

credit_sesame_scenarios

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.

credit_sesame_debt_to_income_ratio

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.

About the author

Ron Haynes has written 987 articles on The Wisdom Journal.


The founder and editor of The Wisdom Journal in 2007, Ron has worked in banking, distribution, retail, and upper management for companies ranging in size from small startups to multi-billion dollar corporations. He graduated Suma Cum Laude from a top MBA program and currently is a Human Resources and Management consultant, helping companies know how employees will behave in varying situations and what motivates them to action, assisting firms in identifying top talent, and coaching managers and employees on how to better communicate and make the workplace MUCH more enjoyable. If you'd like help in these areas, contact Ron using the contact form at the top of this page or at 870-761-7881.