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Q: What's the Benefit of Knowing My Credit Score?

Dec 07, 2016

Credit Score

A: Your credit score is important because it can determine your interest rate on future purchases and financing. It can also influence your ability to rent or own a home. Fortunately, Members who have loans or credit cards with RCU now have the benefit of viewing their FICO® Score in online banking! (Not yet registered for online banking? Here’s how!)

Used by 90 percent of top lenders to help them make credit decisions, FICO® Scores are calculated based on consumer credit report information from credit reporting agencies. Knowing your FICO® Score can be vital to successfully managing your credit. Learn more about FICO® Scores.

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Redwood Credit Union serves anyone living, working or owning a business in California’s Northern Bay Area, which includes the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Contra Costa and Solano. We look forward to serving you!

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