You’ve probably seen a lot of “free credit score” or “free credit report” advertisements all around the internet. Actually, they will charge you a certain amount of monthly fees if you don’t cancel the service before trial period. If you search on the web, you can see tons of reports of complaints about credit service providers. Until now, you can only get free credit report without credit score from annualcreditreport.com. If you want to get credit score, you will have to pay a certain amount of fees. Or you can join some trail program and cancel them before the date they’re gonna charge you. Hereby I’d like to introduce the free credit score service from Creditkarma.Com which is a start-up company.

The process is really simple. You have to use the invitation code:”CKFRND” to register at their website, and then put in you personal information. They can use the information you provided to access your personal credit file and give you a FAKO credit score. You can see your credit score at any time. It doesn’t say from which credit bureau the score is based on. However, they can pull from any of the 3 big credit bureaus (Experian, Equifax, TransUnion). So how can they make money from you? How can they survive? Or do they just want to gather your information and sell them out? In fact, they are advertisers supported. They promoting financial related products through their website. It’s a genius idea, isn’t it?

Security and Privacy Concerns: It’s smart to think twice before you jump in a trap and give out you personal information like social security number to a start-up business. They use some common security systems like TRUSTe, Verisign and ScanAlert Hacker Safe to ensure your personal information is safe there.

You may want to check out other related posts: “FICO Credit Score Estimator“, “Know Your Credit Score“.