Quizzle: Free Full Credit Reports, Loan Tools, and Advice For Making the Most of Your Finances

Quizzle: Free Full Credit Reports, Loan Tools, and Advice For Making the Most of Your Finances
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Jon McDonald
By: Jon McDonald
Posted: November 30, 2016
Experts share their tips and advice daily on BadCredit.org, helping subprime consumers navigate the world of personal finance.

In a Nutshell: Since 2008, Quizzle has provided people across the U.S. with a free TransUnion credit report and credit score under the belief that everyone should have access to their financial profile — without any hidden costs or fees. The site and mobile app also offer free online tools and resources to help you keep track of and improve your credit, including a blog with a wealth of in-depth answers to some of the most commonly asked financial questions. Acquired by Bankrate in 2015, Quizzle works with some of the top financial professionals in the industry; professionals trusted by publications like The Wall Street Journal, USA Today, The New York Times, and The Los Angeles Times. If you’re looking for a “financial friend” who will provide you with knowledgeable, honest, and non-judgmental information, Quizzle can help.

At some point, you always run into the asterisk (*). You’ve filled out 90 percent of the online form for your “free” credit report, and then you get to the payment page. “What?” you ask yourself. “This is supposed to be free. Why do they need my credit card information?”

Then, you see it. You know what it’s going to say when you scroll to the bottom of the page and read the fine print, but you were hoping this time it’d be different.

You read: “By completing this form, you agree to pay $1 for your credit report and enter into a 7-day free trial. If you don’t cancel after 7 days, you will be billed $21.95 monthly for your membership.” Surprise, surprise, it’s not free after all.

I can’t recount the number of times this has happened to me with “free” online offers. Books, CDs, movies — they’re definitely not free. When dealing with something as important — and oftentimes confusing — as your credit report, there’s a higher level of frustration.

Quizzle Logo

The good news is there’s a company that offers 100% free credit reports and credit scores: Quizzle. Providing a free TransUnion credit report and VantageScore credit score every three months, Quizzle wants to be your financial friend. And, just like a friend, Quizzle provides you with knowledgeable, honest, and non-judgmental information. Its mission is to make the world of credit less confusing by using language everyone can understand.

In addition to free credit reports and scores, Quizzle provides a suite of online credit tools that give you a complete understanding of your overall financial profile. And, if you’re looking for advice, Quizzle can connect you with trusted partners who can provide professional guidance.

Created in 2008, Quizzle now helps more than 2 million people learn about credit and how to use it to their financial advantage. In 2015, Quizzle joined forces with Bankrate, Inc., who brings more than four decades of experience to the partnership and provides free rate information to consumers on more than 300 financial products. Bankrate is a trusted source for financial rates and information for hundreds of print publications, including The Wall Street Journal, USA Today, The New York Times, and The Los Angeles Times.

Free TransUnion VantageScore and Credit Report Updated Every Month

Often, when you get a “free” credit report online, you can only see snippets and pieces of it. You’ll only get access to your overall score and top-level information. Unless you pay, you often don’t get a complete picture of your financial state.

When you receive your TransUnion report from Quizzle, you will get a full breakdown of your credit picture.

The TransUnion report provides a comprehensive understanding of all accounts, including mortgages, car loans, student loans, credit cards, and unpaid medical bills. Also included are account details, payment history and contact information for any loans that don’t fit into a specific category, categorized as “Other/Misc.” in the report.

Screenshot of Quizzle credit dashboard

Quizzle helps you visualize your credit score and all of the factors that go into calculating it.

If it sounds like that amount of information might be overwhelming, take comfort in knowing Quizzle has designed the report in a way that is very easy to read, digest, and understand. Each loan category has a tab of its own and is displayed visually as an infographic rather than a boring financial report.

Within your TransUnion report is your VantageScore credit score. Quizzle also provides a complete explanation of how your credit score is calculated, how your score relates to your overall financial situation, and how it influences creditors and lenders. Knowledge is power, and when you have a complete understanding of your financial situation you can take control of your credit.

Learn How To “Use Your Credit” with Quizzle’s Vast Resources

Understanding your financial state through your credit report and credit score is only the beginning with Quizzle. Under the Using Your Credit section of their website, Quizzle provides additional resources for managing credit, loans, and mortgages.

For example, if you have a mortgage, you may know rates and programs are constantly changing. But, knowing when it’s time to refinance or change your loan type is a whole new ballgame. Quizzle provides free quarterly assessments of mortgage rates and your current financial state to make sure you’re in the right home loan.

Screenshot of Quizzle financial state

Quizzle gives you an in-depth look into your financial state by showing all of your accounts in one place.

Maybe you just have questions about loans or credit cards. Quizzle’s website provides in-depth answers to questions like: Based on my credit, which card is right for me?, How can my credit save me money?, and What are landlords looking for on my credit report?

Quizzle’s website also has a Resource Center that provides a Credit 101 overview, which is a list of the most commonly asked credit-related questions, a glossary of terms often used in the “credit lingo,” and a Quizzle Wire blog with up-to-date information on home, money, and credit topics.

In addition to free tools and resources, Quizzle has products for purchase if you feel you need more. For $8 a month, a Pro account gives you an updated credit report and score every 30 days instead of every 90 days, as well as access to 24/7 credit monitoring. A Pro-Plus account is $15 per month and adds in identity theft protection and public records monitoring. Both accounts are set up with a pay-as-you-go model and users can cancel at any time.

Mortgage and Loan Offers Tailored to Your Financial Profile

If you’re looking to purchase a home, a car, or take out a personal loan for debt consolidation, Quizzle has services to help determine your loan eligibility based on your credit profile.

Say you want to take out a personal loan, but your credit score is below 640. Quizzle says it may be challenging to be approved, and you may be limited to loans from your bank that are secured with a car or home. You may also be required to provide extra documentation.

Screenshot of Quizzle score explanation

Quizzle lets you know where your credit score should be to get the best terms on a home loan.

If you want to take out a mortgage loan and your credit score is between 620 and 739, Quizzle says you’ll have a good chance of being approved, but may have to pay for private mortgage insurance (PMI).

Learning how much you may be qualified to borrow and what sorts of terms to expect is yet another way to ensure you’re taking charge of your financial future.

See Where You Stand & Start Making Better Financial Decisions with Quizzle

Being wary of anything online that says “free” is no different than having good street smarts. We’ve been trained to look for the asterisk and the fine print when we see that four-letter word, but you can lower your guard with Quizzle.

The company’s mission is to provide education and financial self-confidence so people feel empowered to take control of their finances. And, with Bankrate as its parent company, Quizzle has access to expert advice and trusted industry leaders.

Quizzle provides the tools you need to see exactly where you stand with your credit and start making decisions about the future. Whether that means getting a mortgage now or working on your credit score to get a better rate, Quizzle can help.