Credit applicants’ creditworthiness is evaluated by the creditors before extending credit to the consumers. One of the frequently used tools for them is the FICO score. This score is available to the banks and other financial institutions. A strong FICO Score has the potential to give you access to the best interest rates, loans, rebates, and premium credit cards. In general, consumers do not see this score. Here are some ways how you get free FICO score:
- FICO’s website: Sign up with FICO for a 10 day free subscription. Get your FICO score and cancel your subscription within 10 days after your subscription. Remember to cancel subscription; otherwise you will have to pay.
- Barclaycard US and First Bankcard: If you are a customer of Barclaycard US and First Bankcard (the credit card business of First National Bank of Omaha), you can get free FICO score. In the future, other banks may extend free FICO scores to their customers.
You need to remember that there are different types of credit scores in the market, FICO is one of them. FICO is the most used credit score. FICO’s website claims that 90 percent of the lending decisions are based on FICO score.