By Hannah Nagos, AVP/Business DevelopmentSouthwest Heritage Credit Union What is the Credit Score feature in Online Banking? The Credit Score feature is a comprehensive Credit Score tracking tool that helps you stay on top of your credit. You get your latest credit score and report, real-time credit monitoring, and savings opportunities on your existing and …
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By Hannah Nagos, AVP/Business DevelopmentSouthwest Heritage Credit Union Looking for the ultimate summer must-have? Look no further! SWHCU is excited to giveaway 5 Stanley Coolers in our summer giveaway. Are you a member of SWHCU? Then you’ve got an exclusive chance to enter and win! Sign up today and earn your chance to win a …
By Jean ChatzkyWith reporting by Casandra Andrews The pros and cons of adding an authorized user to your credit card account Do one thing: Before adding an authorized user to your account, set up ground rules for how the person plans to pay back any charges they make each month. It’s a financial conundrum for …
By Chris O’Shea The differences and similarities between fraud alerts and credit freezes One of the best ways to protect yourself from identity theft is to enable fraud alerts and credit freezes. They both work in similar ways but also have their differences. Let’s take a look at both. Fraud Alert A fraud alert is …
By Chris O’Shea What you need to know about FICO scores A FICO score is a three-digit number used by lenders to determine your creditworthiness. FICO score is a version of a credit score. VantageScore is the other one that is widely used. If you are still curious about FICO scores, here are all of …
What is a credit score? Often credit report and credit score are used interchangeably, but it is important to know the difference between the two. A credit report is a detailed history of credit information. It will include balances, delinquent payments, bankruptcies, personal identifying information, and inquiries. A credit score is a three-digit number based …
Every time you apply for a credit card, mortgage, car loan, or insurance, your application is judged in part by your credit score. Lenders use your credit score to determine whether to grant credit, and at what cost. The higher the score, the more likely you are perceived to repay the credit. Consumers with scores …