Learning About Your Credit Score
Your credit score plays a crucial role when you apply for loans or credit cards. Lenders use it to evaluate your past financial behavior, including your repayment record. A high score can get you lower interest rates, higher credit limits, and access to more types of credit. With knowledge and motivation, you can raise your credit score by handling credit responsibly over time.
Golden 1 members have easy access to Credit Sense powered by SavvyMoney, a helpful tool that monitors your credit score and offers resources to help you understand and improve your credit.
Enroll in Credit Sense in your Golden 1 Mobile app or Online Banking and you will find:
- Your real-time credit score
- Your full credit report
- Personalized recommendations to improve your credit
- Links to pertinent articles and financial education tools
Clarify Your Goals
Achieving a goal is easier when it’s clear and concrete. Credit Sense provides information that can help you turn a fuzzy goal like “I will improve my credit” into an achievable set of actions.
For example, did you know that keeping your credit usage below 30% contributes to a better credit rating? Credit Sense shows your current credit card usage and calculates what your new credit score would be if you pay off a certain amount. Now you can set a goal like, “I’ll reduce my credit card usage from 70% to 30%,” and watch your score go up while your balance and usage go down.
Stay Informed and Secure
Your financial security is our priority. Credit Sense offers in-app and email alerts, helping you protect against fraud and unauthorized access. Real-time notifications keep you informed of any changes so you can take quick action and maintain control over your financial accounts.
Maximize Your Potential
Even a “very good” credit score can lead to significant savings, but are you making the most of it? Credit Sense helps you leverage your score by finding money-saving refinance offers and links for strategic financial planning.
Get Started
Enroll in Credit Sense today! Simply log in to Mobile or Online Banking, tap “My Credit Score,” and follow the quick enrollment process. And start benefiting from the information at your fingertips.
