Does the idea of checking your credit score give you goosebumps? You're not alone! A 2019 report found that 23% of Americans never monitor their credit score.
Credit scores can be intimidating, especially if you've faced credit challenges in the past. However, it's not worth hiding from your credit score. In fact, what you don't know about your score could spook you!
Your credit score is more than just a number. It plays a key role in your financial opportunities. It can influence whether you'll be approved to do things like buy a car, purchase a home or even rent an apartment.
When you apply for credit, such as a loan or credit card, lenders look at your credit score to help determine your creditworthiness and what interest rate you may qualify for.
Regularly checking your credit score helps you track and understand your overall credit picture, giving you a better idea of what lenders see. If you don't know where you stand, you might be caught by surprise the next time you apply for credit.
Monitoring your credit can also help you spot errors and fraudulent activity, such as identity theft, so you can take action to minimize the damage to your finances.
There's no need to stay in the dark when it comes to your credit score. With My Credit Score, a free credit monitoring tool available through Wright-Patt Credit Union's (WPCU) Online and Mobile Banking, it's easier than ever to stay on top of your credit score.
Here's how:
My Credit Score gives you access to your current credit score and credit report, including real-time credit monitoring and alerts, so you never miss any changes to your score.
If your credit score isn't where you'd like it to be, don't fear — you can always take steps to improve it. My Credit Score provides a credit score analysis to help you understand what factors impact your score, as well as custom tips to help you build a stronger score.
As part of My Credit Score, you'll also receive personalized offers and money-saving opportunities available from WPCU based on your personal score. Examples may include consolidating debt, refinancing or reducing monthly payments.
As your caring financial partner, WPCU is here to help you build, boost and maintain your credit throughout your Financial Flexibility and Freedom® journey. If you haven't already, enroll in WPCU's easy-to-use Mobile and Online Banking so you'll be able to access My Credit Score on top of our other convenient Digital Services.
To access My Credit Score —
You can also visit your nearest Member Center to talk with a Financial Coach about taking steps to improve your credit score and financial well-being.