Credit Monitoring

Credit Monitoring & Fraud Protection

With MyScoreIQ, you get more than just your FICO^® Scores. We give you peace of mind with industry-leading credit monitoring, financial fraud protection, identity theft insurance underwritten by AIG, and tools to help you build your credit.

Get Started

Can I Get a Business Loan with a Bad Credit Score?

by Kristin Hudson | Mar 14, 2022

You need money for your business, but you’re concerned that your poor credit score can impact your ability to secure approval for a business loan. It’s possible to get a business loan with a bad credit score, but the process might be complicated. Due to your low credit score, banks might turn you away. Or, if you are approved, you might have to pay a higher interest rate than someone with good credit. Here’s what you need to know about getting...

How Do I Address an Inaccuracy on My Credit Report?

by Kristin Hudson | Mar 1, 2022

Whether it is a mortgage you are preparing for or an auto loan you need, the rate you borrow to make major life purchases is tied to how healthy your credit score is. So, it pays to keep an eye on your credit to make sure everything is in order. Credit reporting plays a critical role in consumers’ lives and has an enormous reach beyond consumer financial services. More than 200 million Americans have credit files, and lenders rely on this...

Buy Now, Pay Later Activity to Appear on Credit Reports

by Brian Acton | Feb 15, 2022

This month, Equifax® is adding “buy now, pay later” (BNPL) activity to their consumer credit reports. These point-of-sale financing options can increase the number of consumers who can positively impact payment history without turning to traditional options like credit cards or bank loans. What is Buy Now Pay Later? BNPL plans are usually offered at the point of sale, such as on the checkout page of a retail website. They allow consumers to pay...

Does Inflation Affect Your Credit Score?

by Brian Acton | Jan 25, 2022

In recent months, inflation has been a major topic in the news with rising prices putting an additional financial strain on Americans. If you’re worried about the effect of inflation on your finances, you’re not alone. But if you’re concerned that inflation could affect your good credit score, there’s good news – inflation has no direct impact on your credit. However, there are some ways that inflation can affect your credit indirectly. What...

Does Over Drafting Affect Your Credit Score?

by Kristin Hudson | Jan 18, 2022

Even though credit cards are one of the most common ways of making transactions, not many people understand the mechanism through which they work. That’s why credit cardholders can, unfortunately, make bad financial decisions that can ultimately lead to being stuck in tricky financial situations. One such financial problem that can arise, and one that many people aren’t aware of, is that of an overdraft. Here is more information about...

Here are the Top Ten MyScoreIQ Blogs of 2021

by Brian Acton | Dec 30, 2021

Strong credit can convey many lifelong benefits, from helping you access the credit and loans you need to saving you money with lower interest rates and even insurance premiums. But maintaining good credit is also a lifelong effort that requires you to diligently manage your credit and finances. On the MyScoreIQ blog, our goal is to inform readers about credit and personal finance issues. This year, our readers have been interested in topics...

How Frequently Should You Check Your Credit Score?

by Kristin Hudson | Nov 2, 2021

A credit score is a number that predicts the likelihood that you repay a loan on time. A few different scoring models are used for credit scores, but the range for most models is between 300 and 850.The average credit score is 711. Lenders use your credit score to decide whether to approve a loan and to determine the term and interest rate for your loan. It’s important to regularly check and know your credit score so that you’re aware of any...

What to Do When Your Debt Collector Misreports Your Information to Credit Bureaus

by Kristin Hudson | Aug 23, 2021

What should you do to avoid becoming the victim of unfair debt collection practices?

How Often Is New Information Submitted to Your Credit Report?

by Kristin Hudson | May 24, 2021

The information in your credit report is constantly subject to change as new information is added and old or inaccurate information is removed. But it can be difficult to predict when your credit report receives updates, as there is no universal standard for when third parties submit information about you to the credit bureaus. When Creditors and Businesses Submit New Information About Your Accounts Creditors have different payment cycles and...