Credit Reporting

Checking Your Credit Report

Check your current credit score by registering for Credit Sense through your Pacific Cascade FCU online banking account. It gives you a breakdown of why your score is what it is and provides advice on how to improve your score. 

You can also obtain a free credit report from AnnualCreditReport.com

Understanding Your Credit Score

Lending institutions rely on your credit score to determine whether you will be approved for a loan or offered a service, and may determine how much you will pay in interest. Your credit score is a number that reflects your payment history, your credit history, your current debt and many other factors. It can be customized to the company that requests it – for instance, your score at an auto dealer may be somewhat different from the score you get at a mortgage broker.

What your Credit Score Means

The typical credit score ranges from 300 to 850. Generally, the higher the score, the more confidence the organization has that the new debt or payment will be made, and will be made on time. The score is a product of your history. You can control it by how you pay your bills and how you use your credit.