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For some, a credit score is a prized achievement, with ratings stretching into the 700 or 800 value range. For many people though, a credit score is a number that could be improved.
While most Americans have a credit score less than 700obtaining a higher score can help you secure better terms on loans, including lower interest rates. But what if you need help with your credit score? As the saying goes, is there an app for that?
Luckily, there are indeed various apps to help you improve your credit score. Using an app can take time to increase your credit score, but an app can assist you with preparing for a more robust financial future.
These are the best credit building apps to increase your credit score:
- Experian
- Credit Karma
- Self
- Kikoff
- MoneyLion
- Grow Credit
Key Features
- No-cost updated look at your Experian score
- Subscription for real-time credit monitoring
- Free Experian Boost to increase credit score
Details
Pricing
Free or Premium ($24.99/month or $249.99/year)
Available for
And Android
Experian is one of the three major credit bureaus that collects and reports your financial information as a three-digit number — aka your credit score.
A credit score helps other companies determine how risky it is to loan you money based on your credit and payment history.
In the free Experian app, you can check your most recent Experian credit score and scores from Equifax and TransUnion, which are updated yearly. Understanding where you stand is the best way to start building your credit score.
If you opt to pay for the Experian app, you can obtain your latest credit score from the other two bureaus. The subscription is expensive but offers a full picture of your current credit situation.
One free feature we love is Experian Boostwhich adds recurring bills to your credit report to help increase your credit score. You’ll need at least three recurring payments, like utility bills or ongoing subscriptions to HBO Max or…
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