Credit Karma vs Quizzle vs Credit Sesame: Which One to Choose?
Credit Karma, Credit Sesame, and Quizzle all let you check your credit score for free. Even though the score isn't FICO score that is widely used by creditors, they can help in monitoring credit score changes and detecting abnormal activities.
A couple of weeks ago, I wrote about a new website Credit Sesame which lets customers get their credit score for free. That puts Credit Sesame in direct competition with other sites such as Credit Karma and Quizzle, both have been discussed here before, because the center piece of their offerings, from what I can see, is free credit score. But that’s not all what you will get from them, any of them. Each has their particular area of strength. For instance, Credit Karma, being the *oldest* among the three, has more tools and information for its customers than the other two. Credit Sesame, on the other hand, is pretty strong in home loans and mortgage refinance offerings.
I am currently using all three for different purposes: get monthly free credit score updates from all three of them and get free credit report from Quizzle every 6 months as a supplement to free credit reports from annualcreditreport.com. For other features and services, I have yet to explore all of them. Following is a quick summary of main features of Credit Karma, Quizzle and Credit Sesame. If you are considering which one of them to use, I hope this table can help you make your decision easier, based on what you are looking for. Of course, since there are lots of the functions that I don’t use, the table may not be as complete as I want it to be.
Credit Karma vs Quizzle vs Credit Sesame
Credit Karma, Quizzle and Credit Sesame Comparison
Feature Credit Karma Quizzle Credit Sesame Free to join Yes Yes Yes SSN required Yes Yes Yes Free credit score Yes Yes Yes Credit score provider TransUnion Experian Experian Credit score update frequency Daily Monthly Monthly Credit score simulator Yes No No Other scores Yes, VantageScore and Auto Insurance Score No No Free credit report No, but has credit report card Yes No Credit report update frequency N/A 6 months N/A Budgeting No Yes No Debt analysis No Yes Yes Mortgage Yes Yes, but only Quicken Loan Yes Home value estimate No Yes, by FNC Yes, by Eppraisal.com Home sale info No Yes No Bank offers Yes, Ally Bank, FNBO Direct and Zions Bank Yes, SmartyPig No Credit card offers Yes No No Personal loan offers Yes, from Lending Club No Yes, from Lending Club Auto/Life insurance offers Yes No No Auto loan offers Yes No No Affect credit score No No No
As you can see from the table that, Credit Karma has a lot of offerings that could potentially save you money on loans, credit card debts, etc., and that’s where their revenue come from (so to support the free scores they give us). The same for the other two, but their products are relatively fewer. After going through all of them to make the table, my conclusion is that if you want to compare lots of credit cards, loans, or banks, go to Credit Karma; if you want to find a better rate for your mortgage, then try Credit Sesame; if you want a free credit score and report, then Quizzle may be your choice.
- editor rating4
This article was originally written or modified on . If you enjoyed reading this post, please consider subscribing to my full RSS feed. Or you can also choose to have free daily updates delivered right to your inbox.