Credit Sesame Review

Are you looking for a way to improve your credit score?

That will certainly help you get lower interest rates on loans. But what about also improving your insurance score?

That’s important too – it affects how much you’ll pay for insurance premiums, especially with auto insurance.

Credit Sesame offers you an opportunity to improve both your credit score and your insurance score. And that will enable you to save money on interest and insurance premiums.

About Credit Sesame

Credit Sesamecredit sesame logo is a free credit monitoring service. But for a monthly fee, you can also get a host of other credit-related services that will not only help you to monitor your credit, but also to protect it from outside threats.

The free service will enable you to track and monitor your credit score and credit report on a regular basis. Credit Sesame also provides resources to help you improve your score. The site also makes offers of various services, including beneficial loans you can qualify for. Many will help you to improve your credit score, such as by lower-cost debt consolidation.

Credit Sesame was founded in 2010, launched in 2012, and is headquartered in Mountain View, California. The company can offer free credit score of monitoring because they earn small fees on any services offered through the platform that users sign up for.

How Credit Sesame Works

Credit Sesame works by providing you with your VantageScore. The basic score is provided by TransUnion, but is also available from Experian and Equifax on the premium plan versions.

VantageScore is commonly used by free credit score providers. It’s not to be confused with your FICO scores, which are the ones actually used by lenders. VantageScore is an educational score, that loosely parallels the dozen or so different FICO scores. Even though it’s not your actual FICO score, it will provide you with all the information you’ll need to monitor both your credit score and your credit report.

Depending on the service plan you choose, you can get your credit score, credit monitoring and alerts, and full credit reports. The premium versions also offer more specific services to improve and protect your credit:

  • 24/7 access to live experts to help you solve credit report inaccuracies.
  • 24/7 access to live experts to help with lost or stolen wallet protection.
  • Black market website monitoring, which monitors thousands of black-market websites and millions of data points for malicious sources of stolen data.
  • Public records monitoring searches court records, payday loans, sex offender registries and any change of address to make sure that all records are yours and not a thief stealing your identity.
  • Social Security number monitoring provides a map of all names, aliases, and addresses associated with your number. Customer contact. Credit Sesame customer service is available via email at any time. Phone support is not offered. Credit Sesame Mobile App. The App is available for iPhone, Android, and Kindle devices. It gives you all the features on the desktop version.

    How Credit Sesame Helps You Improve Your Credit and Insurance Scores

    In addition to monitoring your credit, Credit Sesame also provides credit management resources. For example, they have pages dedicated to explaining what a good credit score is, how to improve your credit score, and how to fix your credit. They’ll explain how your credit score is calculated, and specific steps you can take to improve it.

    They also provide specific recommendations of loan and credit card offers you’re likely to qualify for. For example, they have an updated list of the Best Balance Transfer Credit Cards of 2018. If you’re struggling with high-interest credit card debt, a balance transfer could be the best solution.

    Credit Sesame Plan Packages

    Credit Sesame offers four different plans:

    • Free Membership
    • Advanced Credit
    • Pro Credit
    • Platinum Credit

    Exactly what services you get will depend on the plan you select. As the name implies, there’s no cost for the Free Membership. But each of the three premium memberships comes with a monthly fee.

    Here’s a description of the basic features and benefits of each plan. The cost of each is covered under the “Credit Sesame Pricing” section later in this article. You can determine which membership plan will best serve your credit monitoring needs.

    Credit Sesame Free Membership

    The Free Membership is the basic credit monitoring plan, and comes with the following services:

    • Monthly TransUnion credit score.
    • Monthly TransUnion credit monitoring and alerts.

    Credit Sesame Advanced Credit

    This the first of the premium versions, and it comes with the following services:

    • Monthly TransUnion credit score.
    • Monthly TransUnion credit monitoring and alerts.
    • Daily TransUnion credit score.
    • 3-bureau (TransUnion, Experian, and Equifax) monthly credit score updates.
    • 3-bureau monthly full credit report.

    Credit Sesame Pro Credit

    The Pro Credit is the next premium level up, and includes the following services:

    • Monthly TransUnion credit score.
    • Monthly TransUnion credit monitoring and alerts.
    • Daily TransUnion credit score.
    • 3-bureau monthly credit score updates.
    • 3-bureau monthly full credit report.
    • 3-bureau credit monitoring with alerts.
    • 24/7 access to live experts to help you solve credit report inaccuracies.

    Credit Sesame Platinum Credit

    The Platinum Membership is Credit Sesame’s top-of-the-line package, and it includes the following services:

    • Monthly TransUnion credit score.
    • Monthly TransUnion credit monitoring and alerts.
    • Daily TransUnion credit score.
    • 3-bureau monthly credit score updates.
    • 3-bureau monthly full credit report.
    • 3-bureau credit monitoring with alerts.
    • 24/7 access to live experts to help you solve credit report inaccuracies.
    • 24/7 access to live experts to help with lost or stolen wallet protection.
    • Black market website monitoring.
    • Public records monitoring.
    • Social Security number monitoring.

    How Credit Sesame Can Help Get Your Insurance Score Up

    You’re certainly aware your credit score is used by lenders, but they’re not the only ones. It’s also used by employers, potential landlords and others. But did you know it’s often used by insurance companies when you apply for a policy?

    Insurance companies don’t generally use your credit score directly, but rather an insurance score. And while your insurance score is different than your credit score, it does rely on your credit score as an important part of the calculation.

    Insurance scores are used by insurance companies to predict risk associated with new applicants. It will be an important factor in determining the premium you will pay for a policy. The scores run between a low of 200 and a high of 997. A score above 770 is considered good, while below 500 is considered poor.

    Your insurance score is based heavily on your credit rating, though it does take other factors into consideration. Insurance companies have determined that there is a correlation between your credit rating and your likelihood of filing an insurance claim.

    You can raise your insurance score by improving your credit and credit score. This is an area where Credit Sesame can help you. By regularly monitoring your credit and your credit score, you’ll have an opportunity to improve both. And as you improve your credit score, your insurance score will also increase. That will enable you to pay lower premiums on your insurance policies than you would with a lower score.

    Credit Sesame Pricing

    The fee structure for each of the four plans is as follows:

    • Free Membership, $0
    • Advanced Credit, $9.95 per month
    • Pro Credit, $15.95 per month
    • Platinum Credit, $19.95 per month

    What Credit Sesame Offers that the Competition Doesn’t

    Some credit score and monitoring services offer only a free version. Others have only premium versions. Credit Sesame stands out, by offering both a free version and premium. And in fact it offers three different premium levels.

    You can choose the level you want. If you’re only interested in basic credit monitoring, with your monthly credit score as well as monitoring and alerts, you can go with the Credit Sesame Free version. But if you want to go to a higher level, by adding a three bureau monthly full credit report, you can go with the Advanced Credit plan.

    For a few dollars more, you can get three bureau monitoring, plus 24/7 access to live experts to help you solve credit report inaccuracies for just a few dollars more with Pro Credit. And if you want the full credit package, including black-market, public records, and Social Security monitoring, as well as 24/7 access, to live experts to help with lost or stolen wallet protection, you can choose the Platinum Credit plan.

    With this for different plan levels, Credit Sesame provides a level of flexibility that you won’t find with other credit monitoring services.

    Identity theft protection insurance. All Credit Sesame plans come with $50,000 in ID theft insurance and fraud resolution assistance. And since we all know identity theft can be an expensive proposition, the insurance is a major advantage.

    How to Sign Up with Credit Sesame

    The Credit Sesame sign-up process can be completed in a few minutes and is done entirely online. You start by entering your email address, then creating a password. You will also have to enter general information, such as your full name and physical address. Your Social Security number will be required to gain access to your credit reports. You will have to add a credit card if you sign up for any of the three premium plans.

    Should You Sign Up with Credit Sesame?

    In a day and time when identity theft and data breaches are rampant, everyone needs a method of monitoring their credit on an ongoing basis. Credit Sesame can do exactly that. And if you’re interested in improving your credit and your insurance score, Credit Sesame can help with that too.

    Best of all, it’s a way of taking personal charge of your credit and finances, without resorting to expensive credit management services, that don’t always get the job done in the first place.

    Credit Sesame can provide you with a free or low-cost way to take complete control of your credit situation, and implement the strategies necessary to make major improvements. Whatever costs you pay will be more than offset by the money you will save on loan interest and insurance premiums.

    If you’d like to get more information, or if you’d like to sign up for the service, visit the Credit Sesame website.

About InsuranceScored.com
About InsuranceScored.com

Susan Wright, CLU, ChFC, RHU, REBC, ADPA, CITRMS, CIPA has been in the insurance and financial field for over 27 years. Even with years of experience, she continues to create new resources for others. Everything from books to training material.

Susan received her MBA from St. Louis University and her BA from Michigan State University.

She has worked in several areas but excels in writing material for both finances and insurance. Her goal is to give professionals credibility and assist in streamlining the sales process.

She has written countless articles for a variety of websites.

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