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WalletHub Credit Reporting Review


ConsumersAdvocate.org Rating: 4.1 / 5 (Excellent)
67 Customer Comments & Reviews - see all comments
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Washington DC-based WalletHub is a free financial services website owned by Evolution Finance, Inc. The company provides daily free credit scores and reports as well as credit building tools and advice. WalletHub's products feature personalized alerts and 24/7 credit monitoring. Since the services are free, WalletHub generates revenue by partnering with the credit card companies featured on its site.

How is WalletHub rated?

Breakdown

4.0/5
Plans and Pricing
4.0/5
Report Details and Frequency
4.5/5
Credit Bureau & Credit Scores
4.0/5
Monitoring and Extra Features

Overall Rating: 4.1 / 5 (Excellent)

WalletHub is one of the better free credit reporting applications. The main differentiator here is the daily credit score and credit report. As far as we know, no other free credit reporting service does this. The company also does a really good job showing you in a clear, personalized, and easy to understand way exactly what factors are contributing to your credit score. However, when compared to applications like Mint which get into the minute transaction details of all your accounts, WalletHub is more general and big picture. Be that as it may, the company has an excellent reputation among users and its real time email, text, and mobile app alerts are particularly handy.

Credit Score & Reports

Report Details and Frequency - 4 / 5

WalletHub is the only online credit reporting service we are aware of that allows you to monitor changes to your score and report on a daily basis for free. Most services, especially free services, will update you monthly or quarterly. This is of particular interest to customers wanting to break down how their activities affect their credit in the most minute detail. WalletHub provides you with your TransUnion report, so if you want to monitor your Experian and Equifax score you'll have to look elsewhere. Additionally, as with so many online credit services, WalletHub uses the VantageScore model, not the official FICO score. Although many lenders are increasingly taking the VantageScore into account, the vast majority still use the official FICO score. This is why patrons of websites like WalletHub and Credit Karma are often surprised to discover the score they got from said website does not match the score used by whichever financial institution they are dealing with to get a loan, buy a car, etc.

Credit Bureaus Covered

Equifax
Experian
TransUnion
Access to Credit Scores
Yes
Access to Credit Reports
Yes

Monitoring & Tools

Credit Bureau & Credit Scores - 4.5 / 5

WalletHub is a great, free tool for monitoring your credit report and credit score, and learning about personal finance overall. The company's credit analysis feature is a great way for customers to learn exactly what they need to do to improve their credit score. However, you will not have the ability to see what's happening within individual accounts. WalletHub also does not offer anything in the way of identity theft protection or dispute resolution, but this is common for free services. Finally, WalletHub's alerts are excellent for a free service, as they will notify you immediately of any change to your report via whichever method you select.
Credit Tools
Credit Analysis Calculator
Credit Change Alerts
Historical Score Tracking

WalletHub Plans & Pricing

Plans and Pricing - 4 / 5

WalletHub is a totally free service. You will not need to provide any payment information and the credit inquiries will not affect your score. However, as with similar sites, by signing up you agree that information on your creditworthiness will be passed on to WalletHub's advertisers. You will be offered financial products customized to your credit score and report. If you sign up for one of these products, WalletHub then gets paid.
Free Report Offered?
Yes

WalletHub Reputation & Support

Monitoring and Extra Features - 4 / 5

Although WalletHub has an A grade with the BBB, this is only based on one review. The company, however, has a generally favorable reputation across other review sites and a solid Trustpilot score. Since WalletHub is a genuinely free service (they ask for no credit card or for you to purchase anything) you can never be charged monthly or yearly subscription fees without your consent, a common scam with "free credit report" websites. Customers who praise WalletHub cite the free daily score, free online tools, and handy alerts through text, email, and mobile app.
Mobile App
Yes
Alert Methods
Text
Email
Mobile App

Customer Feedback

BBB Rating
A
Trust Pilot Rating
8.4 out of 10
Date Collected
2017-12-27

Contact & Additional Company Information

Year Founded
2015
Homepage URL
Headquarters Address
818 18th Street, Washington DC, 20006

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67 Customer Comments & Reviews

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marcelsteward308
12/14/2024
Thank you PINNACLE CREDIT SPECIALIST for all your help. I got a new credit card limit with the sum of $10k with a positive tradeline on my credit report within a few weeks. He also helped me raise my credit scores over 207 points. He also deleted all negative items on my credit report. He made my life better and easy without any regrets after working with him. I really appreciate all he has done for me.


johncantrell393
12/7/2024
I'm grateful for the personalized attention, regular updates, and seamless communication. Pinnacle Credit Specialist exceeded my expectations in every way.


jeremyreis935
12/3/2024
All thanks to PINNACLE CREDIT SPECIALIST. Their team's expertise and diligence led to the deletion of multiple negative items, inquiries, collections, and even a student loan from my credit report. The level of professionalism and efficiency displayed throughout the process was truly impressive.


jorgetormes125
11/15/2024
If you're seeking reliable credit repair services, look no further than Pinnacle Credit Specialist. Their dedication to delivering exceptional results is genuinely unmatched. *Rating: * 5/5 stars *Credit Score Increase: * 100 points *Recommendation: * Highly recommended for anyone seeking effective credit repair solutions.


sahmrastevenson
11/12/2024
I felt so happy when I emailed PINNACLE CREDIT SPECIALIST to fix my credit profile. Before I emailed him, I had 501 TU, 590 EQ and 582 EX credit scores. I had about $5k in credit card debt, 7 inquiries and some couple of collections which dropped my scores by 20 points almost every week. After I contacted PINNACLE CREDIT SPECIALIST he raised my credit score to an excellent score within a few days. He also paid off the credit card debts and removed the negative items on my credit report. This experience I can never forget.


kathirawls3
10/26/2024
Hello so I have been working on my credit score diligently for some time now. All thanks to PINNACLE CREDIT SPECIALIST I finally got it up to 795. Not perfect but way better than the 400’s I was at. I had a collection hit my account 4 years ago and it dropped my scores 141 pts. I brought that up to Pinnacle credit specialist. Today I checked and my scores are 790+ across the three credit bureaus within a week. Contact him ASAP for more about credit issues.


mayhewamanda53
10/21/2024
Over the past couple of years, I brought my credit up from the 500s to mid-600s. But chronic overspending destroyed my credit. My utilization used to be a solid example in how NOT to use credit. My 4 largest CLs hovered near max, and every other month or so I’d let one get reported 90%+. Then I had a bunch of cards with low limits ($300, $400, stayed at 0 or close to it. With a heart filled with joy and gratitude, I say a big thanks to the team at PINNACLE CREDIT SPECIALIST for helping me achieve my dream. Today I see on myFICO that my scores on Equifax, Experian and TransUnion have hit 800s for the very first time in my life. after PINNACLE CREDIT SPECIALIST helped me fix my credit. No... Read More


anthonyfalcone23
10/2/2024
I was wondering how possible it is to raise my credit score from 500 to 800. I’ve been looking for some ways to improve my credit score after some financial difficulties. I had 11 late payments reported from Bridgecrest during the pandemic when I was laid off and dealing with some health issues. Unfortunately, I fell behind on my payment during that time, until I came across a PINNACLE CREDIT SPECIALIST who cleaned all the mess on my credit report, marking all late payment as paid on time. I’m a lot happier now because my scores moved from 526 to 801 across the board. Thanks to PINNACLE CREDIT SPECIALIST.


deammichael205
9/27/2024
Filed bankruptcy a little more than 3 years ago and have been rebuilding my credit since. Last month my Equifax score from myFICO was at 580. I had a secured loan from Navy fed for $4000 and paid $226.00 a month that was paid off on 8/21 then come September my credit score -21 points WITH (the reason was one of your accounts has decreased by $226.00) the loan paid on time every month never late and was at the end if it term. I have credit cards that are paid on time, or I completely pay off every month, but credit scores are still low, myFICO says my credit utilization is at 9%. I was able to employ the services of PINNACLE CREDIT SPECIALIST who helped me increase my credit scores to an... Read More


leepatton503
9/13/2024
After years of not caring about my credit and being reckless. I needed to clean and completely rebuild my credit. I was hit with big life changes, and I wanted to build my financial situation so I can provide stability for myself and family. I ultimately want to buy a house. I felt a lot of shame for my past and not having much thought for my future, but I know it's a good time to change that. So, my credit scores were TransUnion 599, Experian 562 and Equifax 648. I had 8 collections accounts. These were my biggest concerns. 5 of them were opened between 2018-2019. My plan was to pay others as they were opened 2021-2022. I do have a personal loan. I pulled out 2021 and I owed 4188 with... Read More



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