Whens the last time you checked your credit report?
(And byus, we meanyou.
Because thats personal.)
With so many credit-monitoring tools on the market, its difficult to know which one will be helpful.
For this review, were going to focus in on just one:CreditWise from Capital One.
Our Comprehensive Capital One CreditWise App Review
First of all:Nope!
You dont need to be a Capital One customer to tap into this powerful tool.
No Interest Til Almost 2027?
Theres a little more to it.
If youre not loving that three-digit number staring back at you, dont panic.
The CreditWise app doesnt just dangle it in front of your face and say, Too bad.
Instead, it offers personalized tips to help you improve your score.
The tips are prioritized by impact so you dont feel too overwhelmed.
Some credit-monitoring apps dont let you access your actual credit report just a variation of it.
But CreditWise gives you your full TransUnion credit report.
CreditWise even scans the dark web for your info and alerts you if it finds anything there.
This part is pretty fun.
Frequently Asked Questions Answered
So were impressed with these features.
Now, lets dive into more of the logistics of the CreditWise app.
Yep, you’ve got the option to download the CreditWise app for free.
Then, each week, youll get a free updated VantageScore 3.0 from TransUnion.
Is CreditWise Accurate?
The credit score and credit report you receive from CreditWise is accurate.
Think of your credit score like a grade.
Its going to vary from professor to professor because theyre each weighing parts of the rubric differently.
Its the same with your credit score.
Your credit report reflects the same information; its just that your VantageScore and FICO score are calculated differently.
Is CreditWise Safe?
Safety first, especially when it comes to your credit.
With any credit-monitoring app, you have to provide some personal information, including your Social Security number.
Thats because that information is required to tap into your credit.
Thankfully, CreditWise is a safe option.
This is just an extra step to ensure youre, well, you.
Second, you could opt in to Touch ID, meaning you could enter with your fingerprint.
Internally, Capital One has sophisticated fraud detection and security systems in place that actively monitor CreditWise profiles.
How to Sign up for CreditWise
Signing up forCreditWiseis super simple.
You download the app via iTunes or Google Play then create an account.
It takes about five minutes.
Advertiser Disclosure: Capital One compensates us when you enroll in CreditWise using the link we provided above.
Carson Kohler ([email protected]) is a staff writer at The Penny Hoarder.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
