Check your credit score for free on your phone
Mogo is a free service designed to help you level up your money game.
Just take two minutes to download the Mogo app and set up an account, and you’ll be able to check your credit score for free on your phone.
Why does your credit score matter? It’s the number banks and other lenders use to decide whether you’re likely to pay them back when you borrow money. The higher your score, the easier it is to get approved for a mortgage or get a decent interest rate on a credit card.
Plus, sometimes people use your credit score to judge how responsible you are in general. A low score can affect your ability to get a job or even rent an apartment.
So yeah, it’s pretty important.
Get paid to be a credit rockstar
Mogo gets your credit score from Equifax, one of the two major credit-reporting companies. Here’s how Equifax labels its scores:
- 300-559: Poor
- 560-659: Fair
- 660-724: Good
- 725-759: Very Good
- 760+: Excellent
However, Mogo adds an extra level it calls “rockstar,” reserved for users whose score is 850 or more.
If your score falls within the rockstar range, nice job. You’re not only eligible for the best rates on loans and credit cards, but you’ll also get a little $2 cash bonus from Mogo just for having awesome credit.
And each month the Mogo user with the most improved credit score gets $200. That’s right, a couple hundred bucks just for making smart decisions that benefit you anyway — talk about win-win.
If your score doesn’t fall within rockstar range, not to worry. The Mogo app will send you Pro Tips on how to pump it up, and the MoneyClass feature will teach you valuable lessons to help you manage your money like a boss.
Your score matters — do something about it
Managing your credit doesn’t have to be a drag. With Mogo, keeping tabs on your credit score is fun, free and might just put an extra $200 in your pocket.
And once your score is ship-shape, Mogo has a ton of other great features to explore — everything from crypto trading to a pre-paid card that helps save the planet to a bitcoin rewards cashback program.
So download the Mogo app today and transform your credit from run-of-the-mill to rockstar. It only takes a few minutes to get started, and it won’t cost you a cent.
