Experian provides a free consumer app that combines daily‑updated credit reports and FICO® Scores with tools to boost scores instantly through on‑time utility, streaming, rent, and other bill payments.
Funding
Funding not disclosed
Founders
Product
Problem
Consumers often lack a single, free platform that provides comprehensive credit information, tools to improve credit scores, and services to reduce recurring expenses, leading to missed opportunities for better loan terms, lower insurance rates, and overall financial health.
Solution
Experian offers a free, integrated consumer app that delivers a daily-updated Experian credit report and FICO® Score alongside real-time credit monitoring alerts. The platform enables users to boost their scores instantly by adding on-time utility, streaming, and rent payments through Experian Boost®. It matches users with credit cards that do not generate hard inquiries, helping them apply with confidence. Additionally, Experian negotiates or cancels eligible subscriptions and monitors insurance options to generate annual savings, while a fee‑free digital checking account further supports credit building through bill payments. The combined suite provides a centralized “big financial friend” to manage credit, expenses, and money‑management insights on the go.
Target Audience
Primary users are U.S. consumers seeking to monitor and improve their credit, reduce recurring household costs, and access credit‑card offers without impacting their scores.
Features
- Free access to Experian credit report and daily‑updated FICO® Score with detailed factor breakdowns
- Experian Boost® that adds on‑time utility, streaming, and rent payments to improve credit scores without a hard pull
- No‑ding credit‑card matching that surfaces offers without affecting the user’s credit
- Subscription and bill negotiation service that can cancel or lower over 200 recurring expenses, targeting $600+ annual savings
- Automated insurance monitoring and quote comparison to help users save over $1,000 per year on auto and other policies
- Fee‑free digital checking account that reports bill payments to credit files and includes a $50 direct‑deposit bonus
- Real‑time credit alerts, dark‑web scans, and identity‑theft monitoring delivered via mobile notifications