Credit Score & Report

Seeing your credit score helps you stay on top of your credit by providing your latest credit score and report and understanding key factors that impact the score.  It also monitors your credit daily and informs you by email if any significant changes are detected, such as a new account being opened, a change in address, employment, delinquency, or inquiry has been reported.

Yes, it will monitor and send email alerts when there has been a change to your credit profile.

No, it is entirely free to County Schools Federal Credit Union members.

The credit score is a “soft inquiry” which does not affect your credit score.  Lenders use “hard inquiries” to make decisions about creditworthiness when you apply for loans.

The credit score is from Transunion.

The credit score will be updated every seven days and displayed in online and mobile banking. You can click “refresh score” as often as every day for an updated credit score.

Transunion makes its best effort to show the most relevant information from a credit report.  If you think some information is wrong or inaccurate, you can obtain a free credit report from www.annualcreditreport.comExternal Website and then dispute inaccuracies with each bureau individually.  Each bureau has its process for correcting inaccurate information, but every County Schools user can file a Dispute” with Transunion by clicking on the “Dispute” link within credit score module.  Transunion will share this with the other bureaus if the inaccuracy is verified.

Three major credit-reporting bureaus (Equifax, Experian, and Transunion) and two scoring models (FICO or VantageScore) determine credit scores.  Financial institutions use different bureaus, as well as their own scoring models.  Over 200 credit report factors may be considered when calculating a score, and each model may weigh credit factors differently, so no scoring model is identical.

County Schools uses its own lending criteria for making loan decisions.

You’re always in control of your digital experience. If you choose not to use credit score, you can manage your preferences anytime within online and mobile banking.

Simply:

• Open Credit Score by clicking on the Credit Score module.

• Select Resources at the top of the app

• Scroll down to Profile Settings

• At the bottom of your profile settings is the option to Deactivate Credit Score.

Change your mind later? No problem, simply go to online and mobile banking, the Credit Score module will be there with the option to Reactivate.