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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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stevenhoort
1/27/2024
I had a $400 fresh account with Fingerhut, after realizing the amount of interest they were charging me (I didn’t know about credit at the time), I decided to close the account. I called the customer service phone number and requested the representative to close the account. Monday, January 8, 2024, I decided to check my credit report and noticed it has been open since 2020. Called the Fingerhut collection department regarding the account. How is it currently reporting open if I closed it in 2016? There’s a remaining balance of $495. My credit score was 502. I felt horrible and embarrassed. But my friend James introduced me to DOVLY CREDIT SOLUTION, a credit repair company and they helped... Read More


jameswallack89
1/26/2024
Hi all! I’m 29 years old. My credit started to tank around 2021 when expenses were outpacing my income. I got a lot of loan offers and foolishly took them, adding more expenses to my income. Didn’t help that I was in a relationship with someone who I greatly outnumbered and took on the burden of the bills to seem fair. Won’t be doing that again. I had a lot of collections and charge-offs from personal loans and CCs. From looking at my Experian I had several charge-offs that became collections and few that didn’t. Which all brought down my credit score to a low 586 score. I needed advice on rebuilding my score back to 700s. DOVLY CREDIT SOLUTION came through for me, my credit report cleaned... Read More


donovfrank97
1/24/2024
I am so happy to have consulted RAPID RESCORE CREDIT for my credit repairs. I discovered that I had 5 negative items on my credit most especially IRS, delayed payments and loans and over 7 hard inquiries from every bureaus and it hindered me from moving forward in my business. I could not access any loan so I started looking for ways to salvage my condition, I then discovered this specialist (RAPID RESCORE CREDIT) on reddit though there were other ones there but my instinct directed me towards Mr Jackson. I was asked for funds to get started with the job and I gave them the benefit of doubt and made some commitments. My fico score was moved from 609 to an excellent score (799) and all the... Read More


anthonysus3309
12/15/2023
When I got robbed at gun point 5 years ago they took my wallet with my driver’s license, social security card, and credit cards. A few years later a lot of false information started showing up on my credit report. I had no idea and didn’t know what to do. Then I met the JERRYLINK CREDIT GROUP. They got all the false information removed and my score is back to what it was before. The small nominal fee is well worth getting this resolved. They offer a consistent, professional, and an invaluable service that I highly recommend to anyone. Thank you Mr. Jerry. You can reach out to them via jerrylinkgroup AT gmail DOT com


gracepete18
12/3/2023
I strongly recommend JERRYLINK CREDIT GROUP: I think they are the best in terms of credit repair. I had worked with different credit companies in the past, but there was no significant change on my credit report. So many credit forums recommended DYI, I tried every credit hack in the book all o no avail. A real estate agent introduced me to Mr. Jerry, who has been helping his clients. Mr. Jerry and his team helped me erase all the negative things on my report, and raised my score to excellent score across all three bureaus. I’m recommending as promised. They are available on gmail: JERRYLINKGROUP AT GMAIL DOT COM.


treatyourself016
5/15/2023
I want to tell everyone on here who need a credit repair/upgrade should reach Douglas on ( dougfoster543 at g/m/a//l dot c/o/ m) to increase credit score and fox report. he's legit and efficient.


smith.moss029
4/28/2023
Hey! Are you looking to fix your poor credit? In order to qualify for better rates, or get higher credit limits. I will strongly recommend 760Plus Credit Score; they are fast, secure and reliable. They came through for me, while I was in dire need of a miracle. Helped me erase all the irregularities on my report and my score went up by almost 200 points. And I think it’s permanent, it’s been three days and nothing is coming back. You should reach out to them today if you are in need of a credit fix via 760pluscreditscore at gmail dot com.


mcdiana.gor96
4/16/2023
What can I say; I’m really impressed with their service. After using ovation for a while without any impact, I decided to give JERRYLINK CREDIT GROUP a try. I’m blown away with their service! I can’t believe they deleted all my collections and raised my credit score. I’m at 780 credit score and I applied for a credit card which was approved with a credit line of $5k and our dream of owning a house will come true soon. Before this, I’ve never had a credit card limit higher than $300.I strongly recommend their services. You can reach out to them via JERRYLINKGROUP at GMAIL dot COM


allirosey119
4/9/2023
Lexington is a rip-off; I worked with them for almost 2 years with the aim of qualifying for a mortgage at the end of last year. But my target was not met and with last year gone without any tangible achievement, I lost my confidence in them. I tried every hack in the book but nothing changed. A realtor introduced me to (metronet credit solution) an expert who had been helping his clients. They helped me raise my score to 740; I was able to qualify for a home loan. I’m recommending their services on every forum as promised. You can contact them via mail: metronetcreditsolution AT gmail DOT com or whatsapp: + 1 6 2 6 5 1 4 0 6 2 0


derobertisgab26
4/3/2023
My name is Gabriel DeRobertis; I’m a waiter here in Norcross Georgia. I went through a messy divorce which left my credit bleeding. My wife was giving custody of our daughter and I was told to pay for child support monthly. With my credit ruined and my low income, paying for child support was like a huge weight on me. I applied for a loan several times and all were declined due to my poor credit score. I met Angela, a customer who noticed I was always moody. She approached me, we talked and she offered to help me. She introduced me to a credit guru (760Plus Credit Score). She assured me that my problems would be solved by them. I made some commitments and within 11days of contacting them,... Read More



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