Your Credit Score

Do you know your credit score? Do you know how your score is generated? Do you know how to improve your credit score?

Well your credit score is a numerical value placed on your credit worthiness based on time at employment; payment history; credit inquires; percentage of available credit and other such like factors. Typically a score 700 and above is a “no” to low risk borrower and 500 and below is a red flag – a high risk borrower. It is possible to improve your credit score, however it is a process and can be done overtime.To learn what your credit score is, review your credit report. You can get a free credit report from each of the three nationwide consumers every 12 months.Visit annualcreditreport.com. From this site you are able to get a free report under the federal law. If you visit other sites they may offer you a free report but may charge you for another item if you accept. With this report you will be able to see where you financially stand. If you need help in understanding your report, please do not hesitate to call us.

Hawaiian Tel Federal Credit Union – you’ll always rate better here.
Hele mai, you belong.

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