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Credit Score

Credit
Variety

The variety of your credit portfolio can make up to 10% of your credit score. It is important to have different types of credit accounts. These can be auto loans, student loans, mortgages, credit cards, and much more.

Credit
Utilization

How you use your credit accounts once you get them is another huge influence on your credit score. Whenever you have a revolving credit account such as a credit card, try to use less than 30% of your available credit at any given time.

Credit
Monitoring

It is important to monitor your credit score frequently to know where you stand and where you have room to improve. That’s why we have made it easier than ever for our Members to check their credit score for FREE!

Staff Helping A Member
New Credit & Hard Inquiries

The amount of new credit accounts is a factor on your credit, and it also brings the average age of your credit accounts down.

Hard inquiries occur when you apply for a loan or line of credit; and the lender requests to look at your official credit report. Hard inquiries only affect your credit for a few months, but they stay on your credit report for up to two years. This is why it is important to keep hard inquiries to a minimum when possible.

Monitor Your Credit Score

It is important to monitor your credit score frequently to know where you stand and where you have room to improve. That’s why we have made it easier than ever for our Members to check their credit score for FREE!

Take control of your credit score

Now you can see your credit score daily and get tips on how to maintain or improve it! Log in to online banking or the mobile app and look for Credit Score1 to get started!

With Credit Score you will get:

  • Free credit score for Members
  • Free credit monitoring service
  • Personalized credit Report Card

Get unlimited access to Credit Score, anytime and anywhere, by logging in to online banking or using the KTVAECU mobile app! Need assistance with logging into online banking or downloading the app? Check out our helpful tutorials in the links below.