Mint Launches Free Credit Score

When it comes to knowing numbers, it’s no surprise that many people can tell you how much they weigh (but won’t), how many miles are on their car and the batting average of their favorite MLB player.

But how many people know their credit score and what to do with it?

Mint’s making it easy with the addition of Credit Score, a new feature that provides users with a FREE credit score (no credit card required…ever!).  Plus, users will also receive a free credit report summary that helps them understand the factors impacting their score so they can learn how to improve it.

Credit scores are a critical part of a consumer’s financial portfolio and this new feature builds on Mint’s commitment to providing individuals their complete financial picture, all in one place!

If you think knowing your score isn’t important, consider this:

• Credit scores range from 300 to 850. The higher the score, the better.
• Mint users average a credit score of 705.
• Landlords, lenders, car dealers and even cell phone and utility companies use credit scores to determine if and how they’ll do business with you.
• Late payments impact your credit score, so pay bills on time. A study released in July by the Urban Institute found that 35 percent of Americans have debt that has gone into collection – and one out of 20 has debt that is at least 30 days past due.

Credit Score, powered by Equifax®, is available on the Web, iPhone and Android phones.

Credit scores are three little numbers that can have a BIG impact on your financial life. Getting your free credit score from Mint is easy.  If you’re already a Mint user, just log into your Mint account to get started. If you don’t have a Mint account yet, learn more at Mint.com.