What is a credit score? A credit score is a number ranging from 350 to 850 that provides an overview of credit worthiness. Your score is important because it can impact whether you’ll get a loan and how much you’ll pay for the privilege. The good news is that credit scores can change constantly, so it is possible to increase your score and reap the rewards of doing so.
How can I get a better loan rate? Your rate is determined by your credit score. Your credit score is determined by how well you have handled your credit responsibilities in the past.
How often does a credit score change? Your credit file is continually updated with new information from your creditors. The score is calculated based on the latest "snapshot" of information contained in your file at the time the score is requested.
So your FICO score from a month ago is probably not the same score a lender would get from the credit reporting agency today. Fluctuations of a few points from month to month are quite common.
How can I increase my credit score results? Your FICO score analysis will suggest things you can do to improve your score overtime. Generally, people with high scores consistently:Pay bills on time. Keep balances low on credit cards and other revolving credit products Apply for and open new credit accounts only as needed.
Can I get a credit report on my own for free? Yes, The Fair and Accurate Credit Reporting (FACT) Act requires credit bureaus to furnish consumers a free copy of their own credit report each year by request. Please Note: Free credit reports do not include credit scores.
How do I request my free credit report through the Annual Credit Report Request Service? To obtain your free credit reports, visit: www.annualcreditreport.com
How can I request my free credit report review and enhancement? Get your free credit review and score enhancement at any branch location or by calling member services at 800-656-4328.
Firendly and helpful, why I am an HFCU member!
The folks were very helpful in walking my daughter through her first time applying for credit. She has been a member since she was five, has had an HFCU debit card since high school and now as a recent college gradate has a MasterCard to help her start building credit.
Service, Easy, Fast, Great
I called and asked for financing info for a car I will be purchasing. Susan was able to look up and report my credit score within two minutes and also mailed me a copy of that report. Using that info I was given an expected rate for my loan, it was 0.80% lower than the leasing company offered. I've been using HFCU for about 20 years always had competent and friendly staff giving me great service.
Extremely cumbersome website.
I have never been to your location. Use website only.
Maid a rough ride a lot smoother
HFCU do not ever go away. The people at Hanscom always try to make your day a little better. THANKS!
Helene was great. She patiently explained my credit report and I'm
appreciative for her assistance.
Received my credit report very quickly. Appreciate Hanscome had this sevice
We have been clients of HFCU for about thirty seven years and will continue to be. I would recommend a CU to anyone over a bank. I feel HFCU is working on helping the clients at all times. They make any tranaction easy. On applying for loans over the years I have always felt comfortable asking any question and getting evetying explained to me in laymans terms. I hightly recommend HFCU.
Great rates. Great Service. Fast and friendly.
Been a member for 40 years, great place to do business
Re-Finance Mortgage 12/2012
I have been a member of Hanscom CU, O'Neil Bldg., for over 40 years, and couldn't be happier. Over the years I have applied for several loans; home, equity, car, & personal. I refinanced my last home mortgage,
Dec. 2012, and received a phenomenal fixed interest rate & equity loan. I have several account services, a Christmas savings account, and an interest-free Mass Save loan. Credit Unions & Community Banks provide a personal service. I developed a close relationship with Lucy Baros, Branch Manager, and her staff. I attended many finance and credit workshops, sponsored by HFCU.