3/12/10

Free credit score and free credit report from Quizzle...what's the catch?

Quizzle (www.Quizzle.com), bills itself as "the free and easy way to manage your home, money and credit all in one spot." It features a very unique "Credit Improvement Tool" you must check out that promises to help raise you credit rating in 4 months for the cheap price of $75, since you get credit reports and credit scores plus advice on how to improve both.

The site is run by Quicken Loans, so they likely will pitch you financial products like home loans and such that you can politely decline. Learning spending restraint is essential; maybe they are just testing you to see if your credit education has sunk in.

No it's not free but from the looks of the website, it's money well spent if you're prone to racking up late charges on credit cards or over-the-limit fees for buying more than your credit card company deems you should or piling up high credit card balances. It breaks down to less than $20 a month and still if you want free, there's plenty of good, quality how-to articles for the credit lurker to feast on! Here's what their press releases say to describe what you'll discover there:


"The new Credit Improvement Tool includes a "Credit Gauge" that shows a user for free how much he may potentially improve his credit score. If the user opts into the service for a low, one-time cost of $75, he will receive a personalized action plan each month for four months with step-by-step instructions on how to improve his credit based on his unique credit and financial situation.

"The reworked Quizzle site provides simplified navigation, faster load times and clearer explanations of users' important financial information all with a much cleaner look. This is the first major redesign for the consumer finance Web site since its launch in February 2008.

"For nearly two years, we've been listening to suggestions from Quizzle users, watching how they interact with the site and learning about the tools and information they need to better manage their home, money and credit," said Todd Albery, CEO of Quizzle. "The new design improvements come directly from the more than 300,000 people who use Quizzle and will be instrumental in our continued growth."

"Quizzle users consistently requested a personal finance site that doesn't feel like a personal finance site. The new Quizzle.com delivers with its clean and colorful design, simple to understand explanations of often confusing financial data and easy-to-use navigation.

"The new design also lends itself to the educational nature of the Web site. After logging in, visitors see a "My Grades" page - chalkboard and all - where they are graded on the Web site's three main subject areas: home, money and credit. If a Quizzle visitor receives poor marks, the site provides instructions about how to improve.


Looks like a good place to check out and utilize. They have a 'lite' version as of now, just $15 to tune-up your credit.

Check them out at http://www.quizzle.com

You can also spend a little money at Amazon.com and learn much of the same info:

BestCredit: How to Win the Credit Game, 2nd Edition
BestCredit: How to Win the Credit Game, 2nd Edition