{"id":5185,"date":"2021-01-20T15:30:42","date_gmt":"2021-01-20T15:30:42","guid":{"rendered":"https:\/\/www.vfcu.net\/?p=5185"},"modified":"2021-01-20T15:30:42","modified_gmt":"2021-01-20T15:30:42","slug":"our-credit-union-in-harlingen-can-help-improve-your-credit-score","status":"publish","type":"post","link":"https:\/\/www.vfcu.net\/es\/our-credit-union-in-harlingen-can-help-improve-your-credit-score\/","title":{"rendered":"Our Credit Union in Harlingen Can Help Improve Your Credit Score!"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Did you make a New Year&#8217;s resolution to improve your finances? Creating smarter financial goals now can set you on a worry-free path for the year! To get started, you should begin <a href=\"https:\/\/www.vfcu.net\/savings-and-checking\/\"><span class=\"s2\">saving more<\/span><\/a> and improving your credit score to secure affordable loans and future major purchases. Read on to learn more about how a better credit score can help you.<\/span><\/p>\n<h2><img decoding=\"async\" class=\"aligncenter size-full wp-image-5187\" src=\"https:\/\/www.vfcu.net\/wp-content\/uploads\/2021\/01\/vfcu-Improve-Your-Credit-Score-2.jpg\" alt=\"A credit score is a representation of your credit\u2019s standing.\" width=\"600\" height=\"400\" title=\"\" srcset=\"https:\/\/www.vfcu.net\/wp-content\/uploads\/2021\/01\/vfcu-Improve-Your-Credit-Score-2.jpg 600w, https:\/\/www.vfcu.net\/wp-content\/smush-webp\/2021\/01\/vfcu-Improve-Your-Credit-Score-2-300x200.jpg.webp 300w\" sizes=\"(max-width: 639px) 98vw, (max-width: 1199px) 64vw, 600px\" \/><\/h2>\n<h2 class=\"p3\"><span class=\"s1\">How Does it Work?<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Simply put, a credit score is a representation of your credit\u2019s standing. Your score will typically range between 300 and 850, and the higher the number, the better. According to the Federal Reserve, your credit score is used by:<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s1\">Banks and credit unions when you apply for a loan.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Landlords when you apply to rent a residence.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Insurance companies to determine if you can afford coverage.<\/span><\/li>\n<\/ul>\n<h2><img decoding=\"async\" class=\"aligncenter size-full wp-image-5188\" src=\"https:\/\/www.vfcu.net\/wp-content\/uploads\/2021\/01\/vfcu-Improve-Your-Credit-Score-3.jpg\" alt=\"How Your Score Rises\" width=\"600\" height=\"406\" title=\"\" srcset=\"https:\/\/www.vfcu.net\/wp-content\/uploads\/2021\/01\/vfcu-Improve-Your-Credit-Score-3.jpg 600w, https:\/\/www.vfcu.net\/wp-content\/smush-webp\/2021\/01\/vfcu-Improve-Your-Credit-Score-3-300x203.jpg.webp 300w\" sizes=\"(max-width: 639px) 98vw, (max-width: 1199px) 64vw, 600px\" \/><\/h2>\n<h2 class=\"p3\"><span class=\"s1\">How Your Score Rises<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">A credit score can rise and dip for various reasons. If yours is low, then don\u2019t worry because no score is permanent. Given time, you can work to increase it by:<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s1\">Paying off most or all of your debt.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Paying your bills on time every month.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Keeping your credit and loan balances low.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Making multiple payments monthly.<\/span><\/li>\n<\/ul>\n<h2 class=\"p3\"><span class=\"s1\">How Your Score Dips<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">It\u2019s important to know that there are a few things that can cause your score to fall: <\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s1\">Filing for bankruptcy or a home foreclosure.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Missing payments on bills. This can be seen by lenders as being financially irresponsible.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Applying for a mortgage loan. This creates a temporary dip because a lender makes a credit score inquiry.<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Closing an older credit account. This shortens your credit history.<\/span><\/li>\n<\/ul>\n<h2 class=\"p3\"><span class=\"s1\">Improve Your Credit in Harlingen<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Improve your credit score while getting the financial aid you need by paying off your debt and only getting loans or credit cards when you need them. Doing this over a long term will show lenders that you are financially stable. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Our credit union in Harlingen offers a variety of<span class=\"Apple-converted-space\">\u00a0 <\/span><a href=\"https:\/\/www.vfcu.net\/loans\/\"><span class=\"s2\">lending services<\/span><\/a>:<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/www.vfcu.net\/loans\/consolidation-loan\/\"><span class=\"s4\">Consolidation loans<\/span><\/a><\/span><span class=\"s1\"> which can help minimize the interest rate you pay over time.<\/span><\/li>\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/www.vfcu.net\/cards\/credit-cards\/\"><span class=\"s4\">Credit cards<\/span><\/a><\/span><span class=\"s1\"> to help new borrowers grow their credit by making payments on time.<\/span><\/li>\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/www.vfcu.net\/loans\/auto\/\"><span class=\"s4\">Auto loans<\/span><\/a><\/span><span class=\"s1\"> for new and used vehicle purchases.<\/span><\/li>\n<\/ul>\n<h2 class=\"p3\"><span class=\"s1\">Become a Member Today!<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">As a credit union member, you get access to many lending services at comparative rates. Applying is easy by <a href=\"https:\/\/www.netit.financial-net.com\/valleyfcu-loan\/cgi-bin\/ebs?OLB_CMD-SLN-164&amp;loan_file=..\/loan_master\" target=\"_blank\" rel=\"noopener\"><span class=\"s2\">submitting an application online<\/span><\/a>. Please <a href=\"https:\/\/www.vfcu.net\/contact\/\"><span class=\"s2\">contact us<\/span><\/a> if you have any questions.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you make a New Year&#8217;s resolution to improve your finances? Creating smarter financial goals now can set you on a worry-free path for the year! To get started, you should begin saving more and improving your credit score to secure affordable loans and future major purchases. Read on to learn more about how a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5186,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,52],"tags":[],"class_list":["post-5185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips","category-financial-education"],"_links":{"self":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/5185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/comments?post=5185"}],"version-history":[{"count":0,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/5185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media\/5186"}],"wp:attachment":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media?parent=5185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/categories?post=5185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/tags?post=5185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}