Notice: Please be aware of phishing scams trying to collect your personal information. Do not provide personal information, account numbers or PINs over the phone or through text message. Kinetic Credit Union never contacts you proactively to ask for this information.
What does it mean to be creditworthy?
Your credit score may seem like a random number, but it provides financial institutions and other companies with a snapshot of how “creditworthy” you are, which can have a big impact on your life. Understanding how credit scores and reports work can help you achieve financial goals such as buying a home, leasing a car, or paying off debt.
Credit card payment history accounts for approximately 35% of your credit score, so one way to build your credit score is to always pay your bills on time and in full. Take 5 minutes to learn more about credit card benefits and costs.
When shopping for a home, some of the biggest obstacles can be low credit scores. Use these tips to improve your credit score as you prepare for homeownership.
Shopping around for a shiny new car? Before you buy, it’s important to know the credit requirement for auto loans. Take this short lesson to learn the basics.
With a few tips, we can help you develop healthier credit habits in less than 10 minutes. Visit our Smart Steps Financial Education Center to learn more.