Q: We are working on a loan application at home, but must get our scores up. What is the credit score accuracy Identity Guard TOTAL PROTECTION compared to those used by the bank?
A: were very, very close to FICO credit scores in our (non-formal) test Identity Guard Total protection® scores credit among 8 different people. Identity Guard uses the brand CreditXpert credit ratings that we believe is a good approximation of what your FICO score may be. Banks generally use the brand FICO credit scores, but it is not always the case. It is impossible to predict what your particular credit scores used in bank, but a good way to find out is to call and ask them.
If you work on improving your credit score, Identity Guard has a useful credit analysis tool that allows you to try different financial actions to see how they could affect your credit score. For example, you can experiment with loan payments, transferring balances and opening or closing credit accounts. The credit analysis tool will take your existing credit score, factor in change and simulate what your new credit score would be. This is a pretty clever way to help determine what actions can help your credit score the most.
Now Identity Guard offers a free trial of 30 days, during which you will have free 3 bureau credit scores, a free public records report and Free Zone Alarm Internet Security Suite. Even if you cancel during the trial period, you'll get to keep all these free goodies, so it's a good time to try Identity Guard and see if you like it.