Discover Financial Services (NYSE: DFS) announced yesterday, in collaboration with Experian Consumer Direct, part of Experian Interactive, the launch of Credit ScoreTracker, a comprehensive credit score tracking product offering Discover Cardmembers resources that help them understand and monitor their credit score.
Unlike most credit-related products that are bundled with additional offerings, Credit ScoreTracker is specifically designed for score monitoring, alerting cardmembers when their score changes, allowing cardmembers to set a target score and providing resources to help them understand the factors that may be influencing their score.
Credit ScoreTracker allows Discover Cardmembers to receive their Experian credit report and credit score with notification of key changes to their credit score and credit risk level. They also can view a tracking graph that shows how their score has trended over time. In addition, cardmembers can take advantage of resources including articles and an interactive survey and quiz designed to provide valuable information that can be used to help them make better financial decisions.
“By joining forces with Discover Card, we are providing consumers the information they need to understand their credit score,” said Ty Taylor, president of Experian Consumer Direct. “Our ability to provide credit scores, combined with Discover Card’s leadership in providing tools to help understand credit, can only benefit today’s credit-savvy consumers.”
Discover has also made it easy to enroll and access Credit ScoreTracker via the Internet, offering Discover Cardmembers the ability to enroll and log in directly from Discovercard.com, shortening the enrollment process and eliminating the need for multiple user names and passwords.
Credit ScoreTracker can be purchased for $7.99 a month, delivered via the Internet or by first class mail. Discover Cardmembers can enroll by visiting Discovercard.com/CreditScoreTracker.