Marble Financial Score-Up Review: Rebuild Your Credit Score in Canada

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by Enoch Omololu

Updated

Advertiser Disclosure

Managing your personal finances when your credit score is in the dumps can be pretty challenging.

Lenders view your credit application with suspicion and will only approve you for loans with extremely high interest rates if at all you get approved.

A poor or bad credit score does not only impact your pocket, but it can also affect your ability to find gainful employment or rent an apartment.

Score-Up is an innovative tool that takes the guesswork out of credit building. Using real data and time-tested strategies, the software shows you exactly what you need to do to increase your credit score.

Repairing a damaged credit profile involves developing good and consistent financial habits such as paying your bills on time.

Score-Up is designed to help you become better at money management with its inbuilt interactive budgeting app and credit simulators.

Want to improve your credit score fast? This Score-Up review shows how you can achieve your goals.

About Score-Up

Score-Up is a proprietary credit rebuilding software owned by Marble Financial Inc.

The software is accessible via a subscription service and helps users to build their credit score quickly using personalized information available on their credit reports.

Score-Up was acquired by Marble Financial in 2019. At the same time, the company also acquired Credit Meds, a service that helps Canadians with debt restructuring. Marble Financial is based in Vancouver.

How Score-Up Works

A bunch of factors impacts the calculation of your credit score including:

  • Payment history
  • Credit utilization
  • Length of credit history
  • Types of credit
  • New credit applications

While you can find this information on your credit report, it can be tricky to juggle all of them at once in order to determine how best to boost your credit score.

Should you first pay off Credit Card A or B? How about Loan C? Does making the minimum payment for Loan D cut it?

Here’s where Score-Up comes into play.

The software program looks at all the salient data points and offers clear recommendations and steps to reach your desired credit score. After signing up for an account, here’s what you get:

Credit Monitoring and Alerts

You receive a monthly credit score and the software automatically tracks movement in your score (up or down). You also get access to your updated credit report – both TransUnion and Equifax.

Point Deduction Technology

Score-Up analyzes your credit report and uses algorithms and a multitude of data sets to determine the best course of action to improve your credit score.

For example, when you should make a payment and how many points you can gain by doing so.

Errors and Omission Tracking

79% of credit reports contain some errors. While some errors are minor, others can significantly impact your credit score.

For example, if payments are recorded as being late when in fact you paid them on time, or when a payment is simply not reported to the credit bureaus.

Score-Up highlights any errors or omissions so that your correct credit report is available when it matters.

Target Score Simulator

This feature allows you to set a target credit score and Score-Up will show you exactly how you can achieve your goal.

In addition to the Target Score Simulator, you can also use manual simulation to project various scenarios for improving your credit.

Budget Simulator

Have only $50 you can put towards debt repayment? Score-Up helps you to allocate that money in the most efficient and impactful way.

Credit Coaching

Perhaps, one of the most important service offerings by Score-Up is the access you get to a credit expert when you opt for a Boost Plus or Boost Premium subscription.

You can have a chat with an expert to go over your progress and review your credit and budget plans.

Get your free credit score.

How Much Does Score-Up Cost?

Score-Up is available via a MyMarble premium plan and is offered as a month-to-month, 3-month, 6-month, or 12-month subscription service:

Monthly3-month bundle6-month bundle
$29.99$89.97 (save 20%)$134.99 (save 25%)
Monthly Credit ScoreMonthly Credit ScoreMonthly Credit Score
Point Deduction TechnologyPoint Deduction TechnologyPoint Deduction Technology
Credit Monitoring & AlertsCredit Monitoring & AlertsCredit Monitoring & Alerts
Errors & Omission TrackingErrors & Omission TrackingErrors & Omission Tracking
Target Score SimulatorTarget Score SimulatorTarget Score Simulator
Budget SimulatorBudget SimulatorBudget Simulator

You can cancel your plan anytime with a 30-day notice.

Benefits of Score-Up

Score-Up can speed up the process to improve your credit score. As per the company, 95% of users see a credit boost within 30-45 days.

Other benefits of the service include:

  • Access to a proprietary software that uses hard data to guide your credit rebuilding
  • Access to free credit scores and reports
  • Access to a tool that highlights errors on your credit report
  • Budgeting capabilities
  • Access to expert credit coaches and customer support
  • Access to fast-track loans via Marble Financial

Downsides

There is a monthly fee to access Score-Up.

That said, you could potentially save hundreds of dollars (maybe even thousands) compared to using a traditional credit repair service.

Is Score-Up (Marble Financial) Safe?

Marble Financial has been around since 2015 and they are accredited by the Better Business Bureau with a rating of A+.

Score-Up offers a “Boost Brand Promise.” What this means is that if you do not see an improvement in your credit score after 12-months of using their service and following recommendations, they will offer you free help until you see an improvement in your score.

Lastly, while Score-Up is a subscription service, you can cancel your account anytime by giving a 30-day notice.

Final Thoughts

Improving your credit score takes work and paying attention to detail.

Score-Up offers a service that uses real data to guide you on how to achieve the credit score that you desire. When your credit score improves from poor to good or excellent, you will be able to save a ton of money in interest fees.

Want to try their service? Visit Score-Up here.

This is a sponsored post by Marble Financial. All views and opinions expressed represent my own.

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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