Chase Credit Journey – Free Credit Score Check

Chase Credit Journey Free Credit Score Check

Chase Credit Journey – Free Credit Score Check

Chase Credit Journey is an online credit monitoring service that is free to both Chase cardholders and those who don’t have an account with the bank.

It gives you weekly score updates, tailored credit offers, and educational tools to help you see how different financial decisions could impact your score.

The score you see on Chase Credit Journey is the VantageScore 3.0 by TransUnion. This is different than a FICO score, but it’s just as valid. There are different providers, so your score can sometimes vary between the 3 different credit bureaus — that’s totally normal and nothing to worry about.

Checking your credit score through Chase Credit Journey will not affect your credit score. Now, you won’t be seeing your FICO score — the score relied on by most creditors when evaluating potential customers. Instead, you’ll be seeing your VantageScore credit score.

The Chase Freedom Flex℠ credit score requirement is 700+, or good-to-excellent credit. It may be possible to get approved for the Chase Freedom Flex℠ card with a slightly lower credit score if you have a lot of income and little debt, but the higher your credit score is, the better your approval odds will be.

What Is Chase Credit Journey?

Chase Credit Journey was dispatched in 2017 by Chase as a route for anyone — not simply Chase account-holders — to check their credit score free of charge.

Your score will revive week by week, however, you can check it at whatever point you need without any limitations. Checking your credit score through Chase Credit Journey won’t influence your credit score.

Presently, you will not be seeing your FICO score — the score depended on most creditors while assessing likely clients. All things considered, you’ll be seeing your VantageScore credit score. I’ll go into how that affects you later.

Alongside admittance to your VantageScore, Chase Credit Journey offers the accompanying extra administrations:

See the accompanying data from your TransUnion credit report (and get Credit Alert notices at whatever point any of the accompanying changes):

  1. New credit inquiries
  2. New accounts opened
  3. Address changes
  4. Account status changes
  5. Fraud alerts
  6. Delinquent account notices
  7. New public records reported on your credit report
  8. Track your credit score changes (you’ll see how your score has changed with each weekly update)
  9. Credit Score Simulator — shows how actions you might take can affect your credit score
  10. See which Chase credit cards you prequalify for

How Do You Access Your Chase Credit Journey Account

If you don’t already bank with Chase, it’s a three-step process of creating an account, entering personal details, and confirming your identity. If you’re already a Chase customer, use your login credentials to access Chase Credit Journey.

Mobile App

Login to your app and scroll down to “Credit Score by Credit Journey.” You’ll gain access to your dashboard. To use the Score Simulator, scroll down to the “Try Our Score Simulator” display box.

mobile app

Check your score and start building your credit

Signing up for Chase Credit Journey is easier if you’re already a Chase account holder — in fact, all you need to do is click on Chase Credit Journey after you sign in to your account as you usually do.

You can also sign up for the service without being a Chase member. You’ll have to verify information from your credit report and enter your Social Security number, however.

Credit Monitoring

Chase monitors your credit activity around the clock to help you stay protected. If we see changes to your credit report or your credit usage, limits, or balances, we’ll let you know right away.

Potential products carried by Chase that you might be interested in based on your credit report and financials.

They pre-select offers for you. For example, Chase presented me with credit card offers for their most popular cards and offered a card finder tool to determine the best one.

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Is Chase Credit journey legit?

Chase recently launched Credit Journey, a free tool to get access to your VantageScore. In our review, we look at how it works and its pros and cons. Highlights: Totally FREE (Even for non-Chase cardholders).

Chase Credit Journey is a free credit monitoring and credit score product offered by Chase to both customers and non-customers. The Chase Journey service gives you a free VantageScore 3.0 credit score based on your Experian credit file once per week.

Online administrations offering free admittance to your credit score have multiplied lately. This development shouldn’t be amazing to anybody, taking into account how significant one’s credit score has become in deciding admittance to all way of life openings.

Seeing this pattern, a few banks and credit card backers have chosen to get in on the activity, offering free credit score admittance to clients and non-clients the same. Chase is one such bank.

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Through Chase Credit Journey, Chase is currently offering you free admittance to your VantageScore from TransUnion, refreshed week by week. Despite the fact that getting to this component is fast and simple for Chase individuals, you don’t have to have any records with Chase to utilize Chase Credit Journey.

How about we investigate precisely what Chase Credit Journey has to bring to the table and whether the assistance is truly free and safe.

Chase Credit Journey Report

How can I get a copy of my credit report? It’s easy to check your credit score with Chase. Just log in to your online account. Then scroll down till you see Your credit score on the left side of the screen. Then click Free score, updated weekly to see your credit score.

You’re entitled to a free credit report every 12 months from each of the three major credit reporting agencies. To get your report or for more information, go to annualcreditreport.com(Opens Overlay).

Chase Credit Journey

Credit Journey displays your TransUnion report with a 7-factor, comprehensive overview including:

  1. Open accounts give you every open account showing up in TransUnion’s report. You’ll see your total balance across all accounts and your total available credit.
  2. Closed accounts: Either recently closed accounts or ones that closed several years ago.
  3. Inquiries are whenever a lender requests to see your credit history.
  4. Derogatory marks. When lenders report missed payments or delinquencies. May also include bankruptcies, tax liens, and collections.
  5. Collections are considered past due accounts.
  6. Public records include things like missed child support payments, bankruptcies, and wage garnishments.
  7. Personal information contains basic info including your name, address, employment, and birthdate.

Changes in any category show up on your Credit Journey Alerts page mentioned earlier. If you see something that doesn’t belong, it’s easy to report. Clicking on the category in question provides you more details.

Credit Journey Resources

To access Chase Credit Journey, you’ll need to log in to your Chase online account. Then scroll down until you see Your credit score on the left side. Click on Free score, updated weekly to access Chase Credit Journey.

Chase primarily uses Experian as its credit bureau, but also uses TransUnion and Equifax for certain cards in certain states. The following chart shows the combined credit bureau preferences for all Chase cards. As you can see, several states use all three credit bureaus, while relatively few use only one bureau.

Checking your credit score through Chase Credit Journey will not affect your credit score. Now, you won’t be seeing your FICO score — the score relied on by most creditors when evaluating potential customers. Instead, you’ll be seeing your VantageScore credit score.

Chase’s educational page devoted to credit basics, myths, calculations, and more. When visiting this page, expect to find:

  1. Credit report basics
  2. Tips for raising your score
  3. How long records last
  4. Common credit myths
  5. How to build credit
  6. How scores are calculated
  7. Credit inquiries

Conclusion

Chase Credit Journey is a handy way to keep track of your VantageScore credit score and stay alert to any changes that might adversely affect your credit health.

In fact, Your Free Credit Score Chase May Not Be Very Accurate And Could Cost You Thousands Of Dollars! This is because the Chase credit score journey you are given is not a FICO credit score, but it is generated by its quasi-sort-of competitor VantageScore 3.0.

vantagescore

At the most basic level, Credit Journey is free to use, so you have absolutely nothing to lose. You don’t even have to be a Chase customer to enroll. You can use the service as much or as little as you want, and it won’t have any negative effect on your credit score.

If your credit report changes in any way, you can expect to get an email alert from Chase Credit Journey. This includes changes like A hard or soft inquiry.

Advantages of Chase Credit Journey Here are a few of our favorite features: Free service: Your credit score and all of Chase’s other great features are completely free, whether you bank with Chase or don’t. Frequent credit checks:

Your score is updated weekly, ensuring you stay on top of any changes that might occur.

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Should You Use Chase Credit Journey?

Most Chase cards require a score of at least 600, which is about the dividing line between fair and poor credit. If you’d like weekly monitoring of your credit score, want tips for building credit, or get notified of changes to your report, Chase Credit Journey might make sense.

Credit Journey can also alert you to potential fraud and identity theft with its monitoring service.

Pros

  1. Free credit monitoring
  2. Easy to use
  3. Don’t need to be a Chase cardmember

Cons

  1. Only provides your VantageScore TransUnion credit report
  2. The score Simulator tool doesn’t always work.

Factors Affecting Your Credit Score

The two major scoring companies in the U.S., FICO, and VantageScore, differ a bit in their approaches, but they agree on the two factors that are most important.

Payment history and credit utilization, the portion of your credit limits that you actually use, make up more than half of your credit scores.

There are six factors TransUnion uses to calculate your score listed from highest impact to lowest:

  1. Late payments show your repayments over time. This metric uses your payment history and behavior since your first open credit card account (or loan of any kind). Things negatively affecting your score are derogatory marks or too few loan accounts opened.
  2. The oldest account displays the length of your oldest credit card. Your time spent establishing a credit history plays a role in determining your score.
  3. Credit usage (aka utilization rate) shows the percentage of the available credit you’re using.
  4. Total balances are what you owe across all of your accounts.
  5. Hard inquiries are when a creditor or lender requests to see your credit history. Typically, this happens when you request a new line of credit.
  6. Available credit is all of your unused credit. The less you use, the better.

Chase Credit Journey Free Credit Score Check

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