Many people are curious about the prospect of receiving an online credit score. There are a number of questions about whether an online credit score is possible to get, is safe to get, or is useful to get. Fortunately, most questions about your online credit score are easily answered.
When we talk about an online credit score, it’s important to define our terms. Online credit score simply means a copy of your credit score that you order and is delivered for viewing online. There is no separate credit score for online purchases or transactions; it is simply a difference in delivery method.
It is completely safe to order your credit score or credit report over the Internet provided you do it the right way. The right way means over a secure, encrypted server. This is usually indicated by the initials SSL on the site (often accompanied by a lock or a key). Most professional websites that require a transfer of information have secure server encryption, make sure before you pass on any information. If the site is confirmed secure, you are generally safe ordering a credit report, score, or any other product over the Internet.
If the service you order allows you to view your credit score or credit report online, there is no reason not to do so. Again, be sure that you are receiving the information over a secure connection. Also, if you are viewing the information on a shared computer, be sure to log off when you are done viewing your report. It’s also a good idea not to save any passwords or user names, and you may even want to clear your history when you are done. The information contained in your credit report is very sensitive personal financial data and could be used for fraud if it gets in the wrong hands.
The benefit of ordering a credit score online is that you can see your score and report instantly. You can take action immediately. If there is anything on the report that you wish to dispute, or anything that may be affecting your score adversely, you can take care of it right away. Timely response in report fraudulent activity to the credit bureaus can make a huge difference in the damage done. If you can identify and isolate the fraudulent behavior before it gets out of hand, you can minimize the damage to your credit, your finances and your reputation. Even if your score is correct, getting it instantly online allow you to assess if you are in a good position to apply for the loan you’re looking for or if it’s best you wait while you try to improve your score.