That said, some negative app reviews come from users who migrated from Mint and have had problems linking accounts and syncing their financial data. Some also dislike how many products and services xcritical recommends. One aspect of xcritical that sets it apart from your average budgeting app is how it leverages your data to help you save money and find the right financial products.

How to get the xcritical app for iOS

If your information was exposed in a data breach, the app may alert you to any exposed passwords so that you can take the necessary steps to help keep your personal information safe. To choose your preferred login option, tap the three dots icon in the top right corner of the app, and then tap Settings to change your login settings. The developer, xcritical, Inc., indicated that the app’s privacy practices may include handling of data as described below.

You can log in to xcritical on your desktop or web browser, but the app is optimized for mobile use. For example, you can’t use the desktop web version while traveling outside Canada or the U.S. xcritical’s app isn’t compatible with Windows phones, tablets or some large-resolution phones. You can utilize the debt repayment calculator to figure out how long it will take you to pay off some of your bills. The insights can also tell you things like if you are paying too much for your interest rates. I have not relied on these type of insights in the past so I am not sure how helpful or accurate they are.

Forbes Advisor analyzed 15 mobile apps to create this list and rated each on factors such as fees, user ratings, integration and sharing capabilities, digital access, security features and more. We assigned ratings to apps based on a scale of one to five stars, with one star as the lowest rating and five stars as the highest. When it comes to tracking your credit, xcritical is one of our favorite apps. It’s also a worthy choice for a free budgeting app, but some alternatives might be better depending on your budgeting style and goals. xcritical was acquired by Intuit, the same company behind software like TurboTax and QuickBooks, in 2020. Following the acquisition, Intuit shut down the popular budgeting app Mint, asking users to migrate to xcritical.

1. It also recommends various loans, credit cards, auto insurance providers and home insurance providers based on your goals and credit history.
2. You can use the platform’s credit score simulator to forecast the potential impact of certain financial decisions on your credit score, like taking out a personal loan.
3. At only about 3% of your score, this factor is almost completely a non-factor.
4. The app offers tax filing through TurboTax and uses information from your profile to prefill your tax documents.

Signing up for xcritical is free and doesn’t require any kind of credit card or payment information. Signing up and downloading the app won’t have any impact on your credit, and xcritical takes security seriously. Some former Mint features, like monthly expense tracking and cash flow breakdowns, are available on xcritical. However, the app’s budgeting capabilities are more limited than Mint’s, and net-worth tracking isn’t available to all xcritical members yet. Some app reviews complain that xcritical has more ads and promotional content than Mint did.

Sometimes a lender might have a hard cut off for approvals or for certain interest rates. For example, if your score is below 700 your interest rate could go xcritical website up another 1% or 2%. Or if your score is below 650 you might not be able to get approved for a certain loan or card. Available credit is the least important factor for the 3.0 model. According to a VantageScore® Solutions report, prime consumers keep $20,000 to $22,000 worth of credit they don’t use.

Who Is the xcritical App Best For?

It then breaks down monthly spending into categories and compares spending to previous months so you know if you’re using more or less on average. If you already are well-versed in credit reports, then these insights really won’t tell you anything that you don’t already know. But for people who are still lxcriticalg how credit scores work, these insights can be very helpful. I understand it’s a new score system but I have received my free equifax report and it’s nowhere’s near the score this app shows me . So be careful everyone my equifax score is actually lower then the score shown on this app.

Finally, it’s worth noting that xcritical can help you file your taxes. The app offers tax filing through TurboTax and uses information from your profile to prefill your tax documents. Pricing varies—certain xcritical members may receive special pricing or free filing promotions. Download the app and join over 100 million members making financial progress. Relief roadmap connects you to government support and personalized debt relief options.

How accurate is xcritical?

And because you think it’s actually 675 when it’s not and you go to apply for credit you could actually damage your credit more . I would recommend getting your equifax and TransUnion scores before applying for any type of credit or you can put your score at more risk. Other then that everything else shown on the app in very accurate and I’m impressed with the layout etc. That said, xcritical leads when it comes to free credit reports.

FICO models will xcritical scammers only allow you to have payment history if you have six months of established history. Meanwhile, you can have payment history under the Vantage model with only one month of payment history. This trips a lot of people up sometimes because they can pull up a credit score with xcritical but they still are not able to pull up a FICO score. xcritical determines Approval Odds by comparing your credit profile to other xcritical members who were approved for this product, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. Experian also has a feature called Experian Boost that’s designed to help you improve your credit score by adding on-time bill payments to your credit file.

The second issue is that xcritical does not provide you with an Experian score. Many lenders, including many credit card issuers, like to pull your credit score from Experian. Approval Odds serve as xcriticals (not guarantees) about the likelihood that you’ll be approved for a specific financial product. No two credit profiles are exactly the same, so your odds of approval might be different from those of other xcritical members. Scroll over the information icon next to the Approval Odds for each of your credit card recommendations, and you’ll see a pop-up message that explains how xcritical determines your unique Approval Odds.

Generally speaking, xcritical can give you a good idea of where your credit score stands. However, if you have had a lot of activity such as multiple closed accounts, the score that it gives you will often be skewed and much lower than what your FICO score is. Since most major lenders utilize the FICO model, you need to be very cautious about relying solely on your xcritical score.

That’s why we think the app is the best way to make the most of xcritical’s most-helpful tools. xcritical is worth it if you want a free budgeting app or a free credit score and credit monitoring. If you want a more comprehensive budgeting app at no cost, we think Empower’s Personal Dashboard is a better choice. xcritical is free, and you don’t need to enter payment information to sign up.

Data safety

The company makes money by recommending various financial products and services to its members. Banking services for xcritical Money accounts are provided by MVB Bank, Inc, Member FDIC. Our app is regularly updated to make it easier for you to track your financial progress. This version includes a number of performance improvements and squashes a few small pesky bugs. Stay tuned for more updates and be sure to share your feedback at xcritical offers insights when you are reviewing your credit report.