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Quizzle: Your credit report and much more

Lately, there have been a number of online tools to help with budgeting. You give your account and credit card numbers and these sites inform you when bills are due and show you where you’re spending your money.

One of the latest is Quizzle from online mortgage lender Quicken Loans.

But Quizzle is more in-depth than some of the other sites. It will look at your credit report.

The site doesn’t ask for your Social Security number, but it does ask lots of personal information to get access to your Experian credit report. Quicken says the inquiry into your credit report doesn’t affect your credit score, as it does when a potential creditor takes a peek.

Giving out so much personal information made me Queasy when I tried Quizzle. But Quicken’s Mike Dunklee swears the site is secure and the company is not going to start pitching you products. (The site’s disclosure information does say it may contact you to take part in a survey, and if you agree, will then ask for contact information.)

Quizzle is fun. You immediately get your Experian credit score and can look at the accounts open in your name, the balances, whether you have been late and who has looked at your report of late. It makes estimates on your home’s value and taxes. It’s interactive, so you can update your Quizzle account when your finances change.

The site also creates a Quizzle Score, which is a combination of your credit score, home value, savings and the amount of debt you have in relation to your income. According to Quicken, the debt-to-income ratio weighs far more heavily in mortgage lending decisions than the credit score.

The site is free. Dunklee says Quicken hopes that if users ever are in the market for a mortgage, that they will think of Quicken. So far, more than 12,000 accounts have been opened.

Let us know what you think if you try Quizzle.

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A native of Vietnam, Dan Thanh Dang has lived in Maryland most of her life and has been a Baltimore Sun reporter since 1990. She's written about everything from mayoral elections and murder to energy prices and online dating. These days, she writes about a topic she's all too familiar with, spending money -- how to save more of it, blow all of it, use it wisely and avoid getting ripped off in the process.
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