Good Credit Starts With You!
It’s never too late to learn your credit basics.
Having good credit can make it easier to get what matters most to you in life—like having a home, getting a good job, and being able to borrow money when you need it. Learn how to take better care of your credit, so it can take better care of you!
Yes! I'd Like to Know My Score.
Basic Information About Credit Scores
To many of us, credit remains a mystery. What exactly is a Credit Report, and why does it matter? How do Credit Scores play into it, and how are they calculated? If you want to learn more about your credit and how to take better care of it, this is a great place to start!
Yes! Credit Matters: What’s in a Number?
A Credit Score is a number based on the information in your Credit Report. It’s similar to a grade you receive in school, but instead of right and wrong answers your Credit Score is based on positive and negative credit history. Paying your bills on time and using your credit responsibly builds a positive history, while paying bills late and over-extending your credit build a negative history.
Yes! Credit matters: The importance of your Credit Report
So what’s a Credit Report and why’s it so important? A Credit Report is a record of your payment history and other credit-related details that lenders use to determine if they should give you credit. The information on your Report is compiled by the credit bureaus, which regularly receive data on whether you make payments on time and how much you owe. Since creditors are constantly reporting new information to the bureaus, your Credit Report is always changing.
See how different events might impact your Credit Score. The Score Planner is available to both members and non-members.
Types of questions you'll see:
- What if I pay off that card?
- What if I apply for a loan?
- What if I have a late payment?
Question: What is a Credit Score?
Taking good care of your credit can help you get the things you want. Get started now!Get My Score
Making Good Credit Decisions
Posted on August 18, 2014
Being declined for credit won’t derail your finances, and isn’t reflected on your credit report.Continue Reading
Posted on July 31, 2014
Learn how closing your bank account, or not closing it, can indirectly affect your credit.Continue Reading
Posted on July 1, 2014
Reducing credit card balances shouldn't lower your credit score – but if you quit using cards, there might be an effect.Continue Reading