Commit to be Financially Fit

Step One: Understand Your Credit Score

You may already know that your credit score is a 3-digit number between 301-850; however, did you know how much this 3-digit score can impact your life:

  • Insurance companies use it to determine your rates.
  • Cellphone providers and utility companies use it to determine eligibility and fees.
  • Lenders can use it to determine the interest rates on your credit cards, auto, and home loans.
  • Employers (in most states) have the right to check credit on prospective employees.
  • Landlords may use it to decline renters.

Federal law allows you to get a free copy of your credit report every 12 months from each credit reporting company. You can use a website such as to receive yours. Reviewing your credit report also helps you catch early signs of identity theft.

Credit score F to A

How can you improve your score?

If your score is not where you want it to be, now is the time to take action. Some people may think that by closing unused credit cards, you can raise your score. This can actually have a negative impact.

The WCCU Credit Counselor (Greg) helped me understand my credit score and I’m currently on a path to repair it.

-Tanya, WCCU Member

What determines your credit score?

Calculate credit score pie chart

A late payment on certain types of loans could drop your score by almost 100 points.

Financial counseling and education can be beneficial to help you set and achieve your financial goals in 2018 and beyond.

WCCU’s Financial Counselors are available for free confidential consultations. Our certified financial counselors can provide you with tools and resources aimed directly at improving your score.

Contact any WCCU office to set up your free confidential appointment with a WCCU Financial Counselor.

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