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WalletHub Credit Reporting Review


ConsumersAdvocate.org Rating: 4.1 / 5 (Excellent)
64 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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64 Customer Comments & Reviews

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danieltam672
7/31/2024
PINNACLE CREDIT SPECIALIST remains the best credit expertise I have known. I had 6 negative items and a couple of late payments last year and my score tanked. One of them is from Capital One and another from Chase which I paid off and I am not sure of the others but they’re both 6 years old. I filed bankruptcy 5 years ago and settled with all of these. My attention was called that they’re still on my report I recently got referred by my wife to hire, which I did and he helped me boost my credit to (700 Equifax, 704 and 710 Experian) also deleted all negative items on my credit report including the late payments. I recommend anyone that needs to fix his or her credit to get through with... Read More


dianearthur168
7/23/2024
Okay, I’m 32 (female). I was supposed to be living a good decent life at this point, but I was depressed and was at my lowest. I lost my job in late 2022, and I had no plan, no savings, no emergency funds, full of debt and just made some of the worst finance choices in history. During this time, we got laid off, my car engine gave out and I had no means of transportation to get to a job. I was renting a room at the time, and I eventually had to move out because I couldn’t cover the rent. I was living in a small town up north in Michigan (NOTHING’S THERE), the plan was to stay there and save money, but I didn’t do what I was supposed to financially and ended up stuck there with nothing. I... Read More


edwardhubbard960
7/14/2024
I used to have a problem with my credit. I had a bad credit score, and I couldn’t do so many things. I was afraid to try any credit repair company because there are so many scammers too. But my friend Joe introduced me to PINNACLE CREDIT SPECIALIST, and they helped me raise my credit score big time. I really love the services. They’re easy to talk to and super legit. I hope this will help those who need credit repair assistance. Don’t fail to let them know I referred you. Cheers!


jessicaconnor709
7/8/2024
Hi everyone, I want to appreciate PINNACLE CREDIT SPECIALIST for their help. Long story short, I had 3 Amex cards that were all used for business across 2 businesses. Two payments on one of those cards (related to a business that was struggling) was missed in the summer of 2022 which resulted in all 3 cards being cancelled by Amex (the other 2 cards, related to the same business had perfect payment history). That card which was opened in 2019 eventually went into collections and was charged off. Ended up settling the card with a single lump sum payment in the summer of 2023 but was still showing as a charge off on my report. I followed the advice found on this site and I was able to employ... Read More


brianthompson9087
7/2/2024
Truly Genius Hackers exist, I want to introduce PINNACLE CREDIT SPECIALIST to everyone out there for you to get your credit fixed. He’s very kind, he helped me raise my FICO score to 800+ excellent score and let me have hope in life once again. He also helped me remove all the negative items, collections with the late payments as well. PINNACLE CREDIT SPECIALIST is the best when it comes to credit repair.


jeffsanders167
7/1/2024
If not for the help of PRIME CREDIT SPECIALIST I wonder what would have become my fate. In My financial history, I had several misnomers that dropped my score down to 485 with lots of enquiries and derogatory items, this happened after I had Covid and lost my job as a result. I was able to contact PRIMECREDITSPECIALIST at GMAIL online after I read lots of positive reviews about them on Internet. PRIME CREDIT SPECIALIST did the magic by boosting my score to high 780s across the credit bureaus. They wiped off the medical bills and the loan debts I had. I will always recommend PRIME to anyone.


annafowler279
6/23/2024
Thank you REVOX CREDIT REPAIR for all your help. I got a new credit card limit the sum of $15k with positive tradelines on my credit report in 2 Weeks. He also aided me to raise my credit score over 225 points and wiped off negative items on my credit profile. My life is better and easier with no regrets working with him. I have been able to secure a mortgage loan and that has been my dream.


nicoledolman210
6/22/2024
I read something about PINNACLE CREDIT SPECIALIST that he fixed and repaired credit reports. I had Chapter 7 BK, 1 auto loan with Wells Fargo. My scores were 560, 563 and 552. I got in touch with him, and he started the repair which took him 9 days. He proved me wrong by sending me a link to confirm his work done and I must confirm it myself on Experian and Credit Karma. I got a congratulatory email from Experian that my score went up. My scores boost up to 811, 809, 802, all my scores are above 800’s. He also helped me apply for a credit card with high limits with several banks. I’m so happy and can’t thank him enough for the life changing results.


byrdhelen955
6/21/2024
I want to testify about PRIME CREDIT SPECIALIST, I had several challenges acquiring my own house due to a low credit score but when I came across him, he boosted my credit score and help erased negatives on my Credit report


vernonjesse815
6/18/2024
There was a time, I was a credit disaster, I knew absolutely nothing about how credit works. I’d pay bills late thinking paying late was better than not paying at all. To be honest, I didn’t even know negatives lasted on your reports for 7 years. Why did I pay late? Because at the time, I’d think I needed to buy something shiney and then pay bills. To further my reckless behaviors, I had my house foreclosed on. To be honest, I don’t know why I checked my credit, which ultimately led me to this site where I found PINNACLE CREDIT SPECIALIST, but I’m glad I did, reading as much testimonies as I could. My starting score was (low 500’s). All thanks to PINNACLE CREDIT SPECIALIST, as of today,... Read More



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