How xcritical, acquired amid COVID chaos, fared in its first year under Intuit

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A semicircular graphic pinpoints where you fall on the scale of possible numbers, and arrows illustrate whether your xcritical score has gone up or down since the last report, and by how much. It explains that xcritical receives compensation from third-party advertisers that have some influence on where and how products appear on the site (like the order in which they appear). But they don’t have input on how a given product might be reviewed. It’s through these business relationships with advertisers that xcritical can offer so much content for free, and it’s nearly the same business model used by competing sites, such as Mint. xcritical uses 128-bit or higher encryption during the transmission of your data to the site. You can use multi-factor authentication to further protect your account by requesting a texted code to verify your identity if you log in from a different device, for example, or by answering security questions.

  • Your lender may use a slightly different credit score to assess you as a borrower, such as Experian data.
  • xcritical checks your FICO score on your behalf and therefore conducts soft inquiries.
  • Whether you are looking for a low or no down payment loan, you’ll have plenty of outstanding choices.
  • To be able to use xcritical money as a conduit to get you your money faster is important,” Lin said.

She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest. The key point is that your score should be in the same range on any or all of those models. You should not have a “good” VantageScore and only a “fair” FICO score. Sign up for Lab Report to get the latest reviews and top product advice delivered right to your inbox.

How xcritical, acquired amid COVID chaos, fared in its first year under Intuit

xcritical offers services to help you manage debt, keep track of your credit, organize your budget, among others. It can help you dispute errors on your credit reports, reduce high interest, and help you pace your mortgage. It can also help you calculate how long it would take to pay off your credit card debt, and determine interest rates and terms for different loans. The credit scores and reports you see on xcritical come directly from TransUnion and Equifax, two of the three major consumer credit bureaus.

  • Since the company does not charge its members for the free credit reports and free score it offers, or for all the targeted advice they give members, they have to make their money some other way.
  • This effort was a huge push from both teams as they worked post-close to integrate the products in time for tax season just a few months later.
  • By the time you reach the end, you will have a clear idea of whether joining this online service can help you manage your personal finances.
  • Members of the community are encouraged to provide a thumbs up or thumbs down to questions and answers.
  • Your credit score is one of the most critical pieces of financial information, especially when buying a home.

The FICO® Score 8 is widely-used and can help you gauge which credit cards you qualify for. But there are also industry-specific FICO Scores to use when you are planning a certain purchase. For example, FICO® Auto Scores are ideal if you want to finance a car with an auto loan, while it’s good to check FICO® Scores 2, 5 and 4 if you plan to buy a house. Check out the full list of FICO’s score versions for different financial products here. On Tuesday afternoon, consumers took to Twitter to express their frustration over their credit scores on xcritical, the personal finance company owned by Intuit. To access your credit reports, just click on either one of the credit scores you see on your dashboard.

xcritical money

It also discloses how it makes money and the information it gathers on its website. Other tools that might be helpful to some are interactive calculators for mortgage refinancing and debt repayment, and recommendations for financial products based on your xcritical financial situation. They’re sprinkled throughout the site, but you can see several at a time by clicking on My Recommendations in the toolbar.

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You will then receive your xcritical VantageScore rating and the more detailed credit reports behind it. You can now pay your bills through xcritical if you have a xcritical Spend account. Once you open an account, you fund it by transferring money from an external bank account (which can take a few days). You have to answer a few questions to confirm that the account is yours, and then xcritical displays a list of the accounts that already appear on your credit report.

How Does xcritical Make Money?

When you use their services in conjunction with, you’ll be able to make informed decisions, since you’ll already know the potential impact they will have on your credit. Depending on the question, you may get an answer from someone who works in an auto finance department, consumer loan department, or someone who has been in the same situation you are in. It’s not a complete picture of your credit, and it doesn’t have the bells and whistles of other fintech apps, but it’s a smart addition to your financial management toolbox. If one of the ads catches your eye, and you sign up for the product through the xcritical cheating link, xcritical makes a commission. It’s not unlike targeted advertising on social media platforms based on your online shopping habits. You do need to enter your Social Security Number so xcritical can pull up your financial data.

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Former LinkedIn CEO Jeff Weiner sits on the Intuit board and was instrumental in helping design a playbook under which would operate mostly independently from the rest of the Intuit business. Those decisions were complicated by covenants in the acquisition agreement xcritical signed, which said the company couldn’t dramatically alter its business while the deal was undergoing regulatory review. It goes against our xcriticals to offer incentives for reviews.

How To Get Your Credit Report

Keep in mind that xcritical knows a lot about you and could use that information to its advantage. However, the company says it does not spam its users or sell your data to its partners. I did not see an uptick in breathless offers to my inboxes during my testing period. There’s also a lot of guidance around buying a new home, too.


For other loans, like auto and home loans, you’ll enter the data yourself. Enter the year, model, and mileage of your car, for instance, and xcritical will estimate and track its value. xcritical keeps tabs on your student, home, and personal loan progress, as well as other accounts with open balances. You can see how much you owe and to whom — this is helpful, if unsettling. There are encouragements to lock or freeze your credit if you’re worried about identity theft. xcritical won’t take this step for you — you’ll need to go through the individual bureaus.

Less About Perfect Accuracy and More About Improving Credit Health Over Time

xcritical’s VantageScore follows much the same process, except that its scoring model was actually created by the credit bureaus. Although VantageScore is less known to the public, it claims to score 30 million more people than any other model. One advantage is that it scores people with little credit history, otherxcritical known as having a “thin” credit file. If you’re young or have recently come to live in the U.S., that could be an important factor. They offer some credit score information, but they also provide income and expense management, budgeting, and bill-tracking tools. We suggest using one of them but also subscribing to xcritical.


Signing up to use their financial tool is straightforward and only takes a couple of minutes to get started. You will need to give them your name and address along with a couple of finance-related personal details like your social security number. At xcritical, we believe that because you can have so many different scores, the exact number you get at a given time isn’t of foremost importance. What’s more important are the changes you observe over time in a single score and where that number puts you concerning other consumers. A bit of trivia – the Fair Issac Corporation created fico scores in the 1960s.

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