@rebekah. I would say I check the Credit Karma weekly and the other two monthly. This is because of when they update and generate new files. I find it unproductive to check more often as the file will be the same in the free version.
The secret sauce element will mean some CRAs do things differently, e.g. Credit Kudos* is great at assessing affordability due to it’s use of Open Banking, giving a picture of your credit worthiness overtime and currently.
TransUnion has more of the payday lenders and high cost lenders than other CRAs and therefore is a more popular choice for higher risk lending, or those types of lenders themselves (which is why my company went with them).
I think if we had regulation, which I am not anti, it would just boil down to “who do you dislike the least?”
The trouble is that would be so expensive to provide all three and a pain for Emma to display the 3 results in a single view.
I think if you build on your suggestion and maybe they just take the 3 different scores from each provider but don’t display anything else like full credit report, credit alerts, recent searches, repayment history etc… that may be something worthwhile.
They could at least then just show each provider and track if it’s gone up, down, or remained static.
At least 2 of the big 3 providers disallow the display of a score in any transformed manner and insist it must be displayed as it is retrieved. This is to avoid confusion and any negative brand consequences.
I’m not sure about the 3rd of the big 3 but I would assume it’s the same.
Was there ever any progress with this? Would be useful to have score within the app instead of a separate account.
I currently use MSE credit club, which utilises Experian. Their tool only request credit score once per month to keep the costs low. Would that work in Emma too?