Get Your FICO® Score for Free!
Your credit score can affect more than just your loan interest rates
It is used by FCU, other financial institutions, and businesses when you apply for loans, an apartment, insurance, or even a job. That's why we want to give you access to your score whenever you want – all for free.
How can I access my score? Accessing your score is easy. Simply log into your FCU Anywhere online or mobile banking and select FICO® Score from the Tools menu. Please note that first-time users will need to accept the terms and conditions.
Each month, you'll receive access to your FICO® Score, key factors that affected your FICO® Score and educational content on FICO® Scores and more.
Will checking my credit score hurt my credit? No, all credit pulls through digital banking are considered "soft pulls", meaning they will have no impact on your credit score.
What is a FICO® Score?
Your credit score summarizes your credit risk based on the information in your credit report at any given time. In general, the higher your score, the lower the risk to a potential lender. The most commonly used scores are FICO® Scores, which are created by Fair Isaac Corporation. FICO® Scores are available through all three major reporting agencies – Experian, Equifax, and TransUnion.
The FICO® Score we provide is the FICO® Auto Score 8 based on Equifax data and may be viewed online anytime. While your FICO® Score will always be available online, it is only retrieved from Equifax and updated monthly. This score ranges from 250 to 900. The higher the score, the better the score.
Higher FICO® Scores are a result of healthy credit behaviors, and the best way to get and maintain a higher FICO® Score is to demonstrate good financial decisions over time.
What Makes Up My Score?
FICO® Scores are calculated from many different pieces of credit data in your credit report. This data is grouped into five categories as outlined below. The percentages in the chart reflect how important each of the categories is in determining how FICO® Scores are calculated.
- Payment History (35% of your scores): whether you have paid credit accounts on time
- Amounts Owned and Utilization (30% of your scores): balances of loans and utilization of credit compared to how much you have available
- Length of Credit History (15% of your scores): how long your accounts have been open
- New Credit (10% of your scores): frequency of credit inquiries and new account openings
- Credit Mix (10% of your scores): the mix of your credit, retail accounts, installment loans, finance company accounts, and mortgage loans
What can I do to improve my score?
- Pay your bills on time
- Avoid having payments go to collections
- Keep balances low on credit cards and other "revolving credit" (the lower the better)
- Don't close unused credit cards in an attempt to raise your scores
- Rate shop for a given loan within a short period of time to avoid multiple inquiries on your report
- Have credit but manage it responsibly
- Checking your own credit reports and FICO® Score will not lower your scores
Frequently Asked Questions
- You are a new member of FCU. It may take a month or 2 before your score is available as part of our monthly score refresh process
- You have not yet opted in to this free benefit
- You do not have enough credit (loan) history to have a score
- Your score was temporarily unavailable at the time of our monthly score refresh process
- You opted out of this benefit
As a member of the credit union, you’re entitled to a free credit report analysis. Call or stop by your local branch to take advantage of this free service. The tools are all available to you, it's up to you to be proactive about your credit score!