Credit Verify Review: Should You Use It to Check Your Credit Score?

You have more options than ever for checking your credit score, so our Credit Verify review helps you decide if this third-party service is worth it. After all, Credit Verify charges more than any other site to give you the info you're looking for.

We'll show you what you get for signing up for a subscription, and then highlight alternatives, before giving you some feedback from real Credit Verify customers. This way, you can decide whether you feel comfortable paying to access your credit score.

What is Credit Verify?

Just like Borrowell and Credit Karma, which we've reviewed in the past, Credit Verify is a third-party company that puts credit monitoring at the front and centre of its business model.

But unlike Borrowell and Credit Karma, which offer credit checks for free, Credit Verify charges a monthly fee. After a 7-day free trial that costs $1, you'll pay $34.95 per month to continue using Credit Verify's services (more on those in a minute).

Credit Verify services

Credit Verify is mainly known for giving access to credit scores, but there are a few other things it offers:

• Daily credit monitoring: Get notified of any credit score changes without needing to manually check each time. You also receive alerts about potential identity theft attempts.
• Credit score and report access: Check your credit score every day to see if there are any changes. Note that these soft pulls won't affect your credit score.
• Credit score simulator: This simulator lets you play around to see how specific financial actions would change your score. For instance, how would your score react if you took out a new credit card or missed a payment?
• Debt and credit analysis tools: This is a fancy way of saying you'll be able to read articles on how to manage your personal finances.

Pros and cons of Credit Verify

Let's take a balanced look at the benefits and drawbacks of signing up for a subscription.

Pros:

• Inexpensive trial period: Get 7 days for $1 to see if you like the site's services.
• Includes credit monitoring and alerts: Receive an alert whenever information on your TransUnion report changes.
• Educational information: Learn about what actions may improve your credit score.

Cons:

• Few actual services: Credit Verify is vague about what services it actually offers, leading us to believe it mainly offers a credit score simulator and finance education articles.
• High monthly cost: $34.95 per month is a lot to pay for accessing your credit report, especially since you can get it for free directly from TransUnion.
• Difficult to cancel membership: You can't cancel by logging in to your account. Instead, you can submit your request by mail or call their customer service department between the hours of 10 AM and 6 PM ET, Monday through Friday.

Credit Verify alternatives

Credit Verify isn't the only company offering credit score monitoring. Here are some other popular options.

Is Credit Verify legit?

If your main concern is the safety of Credit Verify's data infrastructure, you'll be happy to know that, for all intents and purposes, it's safe.

Credit Verify is a legitimate financial institution. According to its FAQ, it uses 128-bit encryption, the same kind that banks use. Its credit reports are provided by TransUnion, one of the largest credit agencies, although it doesn't include reports from Equifax.

If your concerns fall more on how your personal data is used, Credit Verify is about on par with its competitors. Its privacy policy clearly states that your data may be shared with third-party affiliates and subsidiaries.

This isn't anything out of the ordinary, and social media accounts are far more intrusive. But it's still worth knowing so you can make informed decisions.

You may also want to consider TrustPilot and real cardholder feedback. TrustPilot gives Credit Verify a score of 1.2 out of 5, based on almost 400 customer reviews. Many people felt misled about the week-long trial and had difficulty cancelling the service once the full cost kicked in.

When we checked what users on Reddit had to say, we found similar complaints. Several people had a hard time contacting customer service to cancel the subscription after the trial ended, and many felt they had to jump through unnecessary hoops to do it. For these reasons, Credit Verify is often seen as a scam, even though it is technically a legitimate business.

FAQ

What is Credit Verify?

Credit Verify is a third-party subscription-based service that provides access to your credit score and 24/7 credit monitoring with fraud alerts. The site also has a credit score simulator.

How much does Credit Verify cost?

Credit Verify gives you a 7-day trial for $1. Then, you'll be automatically enrolled in a subscription that costs $34.95 per month unless you call customer service to cancel.

Where is the Credit Verify login?

You'll see a blue circular Log In button at the top right-hand corner of Credit Verify's landing page. When you click this, you'll be asked to enter your email address and password to access your account.

Is it worth it to pay for credit monitoring?

It's up to you to decide if Credit Verify's services are worth paying for. Maybe you were the victim of a data breach, or you're concerned about identity theft and want the assurance of a credit monitoring company.

What is a good credit score in Canada?

A good credit score is any score over 660 – usually within the 660 to 724 range. With a good score, you'll get better interest rates and lending terms, while poor scores might lead to credit denials or higher interest rates.