Credit Union in Harlingen and Brownsville - VFCU

2 Ways to Boost Your Credit Score During the Holidays at Our Credit Union in Harlingen

As the year comes to a close and holiday shopping begins, it’s time to reflect on your finances. Some people may want to remove their debt, manage their budget, or improve their credit score. A credit score typically ranges between 300 and 850, and the higher the number, the better. Credit scores may seem like a mysterious concept, but changing your credit score is as easy as changing your spending habits. We want to share a few tips that VFCU members can do to improve their scores naturally.

Know Your Credit Score

We offer a free credit score check through our banking app! Several components go into a credit score, including:

  • Money owed –How many creditors have you borrowed from?
  • Credit history – Do you have a variety of old and newly opened credit accounts?
  • History of new credit – How often are you applying for several accounts in a short period?
  • Type of account – Are you borrowing only credit cards, or is it a variety of loans, mortgages, etc.
  • Payment history – Do you pay your bills on time and pay the total amount or the minimum?

VFCU 2 - VFCU

Practice Smart Borrower’s Habits

The top consumer credit bureaus in North America include Equifax, Experian, and TransUnion. According to Experian, you can slowly increase your credit score by:

Download Our Mobile App

Our mobile services can help you:

Contact Us our Credit Union in Harlingen

Learn how our services can boost your credit while you borrow. Send us a message online if you are interested in getting low-interest rate loans.

Leave a Reply