This company provides you with credit reports, credit monitoring services and your credit score.  Their fee for the credit monitoring service is $14.95 per month. This is about average when you compare it to other companies. Credit monitoring services can cost twice that much.

You can receive your credit score for free on their site. Beware though. In order to receive your free credit score you have to sign up for their credit monitoring service. They give you a 7 day free trial membership, so the credit score is indeed free if you cancel that membership within 7 days. I don’t know about you, but I always have trouble with the cancellation required offers. Seven days is a very short time period. If anything unusual happens, you can easily find yourself paying for at least one month of the credit monitoring service.

Credit monitoring can be a useful tool. Identity theft is rampant and credit monitoring is one of the fastest ways to discover that you have been a victim. So even if you were just after your credit score, you may want to consider the credit monitoring service.

CreditReport.com has the following features:

Free credit score available

As mentioned above, this one is only free if you cancel the trial credit monitoring service within one week. It does come with an analysis of how to improve your score which is nice. There are a number of methods in determining a credit score. FICO is the most commonly used one. However, even from the sample at CreditReport.com it is not possible to determine which credit score model they use.

Credit monitoring service at a reasonable price

At $14.95 per month their fee falls right along the typical fee charged for this service. Credit monitoring provides you with notifications if any changes occur to your accounts or if your credit score changes significantly.

Credit reports

These provide a financial history of your credit activities. Here you will be able to tell if someone other than yourself has been opening accounts in your name.

Online explanations of credit scores, how they are determined and their impact on you

This is my favorite part of CreditReport.com. They provide clear explanations of what credit scores are. They also offer details on what impacts your credit score and more importantly, what is considered positive or negative.

Credit scores are in the news and in advertisements frequently. The importance of credit scores is included as a topic in many financial literacy classes these days. CreditReport.com gives you a way to find out where you stand for free. CreditReport.com is not known for fast customer service. If you contact them by e-mail, expect to wait a few days for a reply. At least they do appear to reply.

Checking into complaints about this company, most seem to revolve around being billed for their monthly service. Even though I do not personally like this method of obtaining customers, I cannot fault the company for this. They do disclose their fee on the main page of their website and the fact that you need to cancel the free trial membership within seven days in order to not be billed for the credit monitoring service. It is up to us, the consumers, to follow through with what is required of us in order to receive what we wanted. It would be a different story, if they didn’t inform us of what is required, but they do.

Everyone should be checking their credit reports. By law you are entitled to a free credit report every year. CreditReport.com is not the place to request that credit report. If you are worried about your credit and wish to get reports more frequently or have your credit activities monitored continuously, then you may want to use the services offered by CreditReport.com.